Cash is Still King!

By
Real Estate Broker/Owner with Charles Rutenberg Realty BK3184931
In May 2011, cash buyers accounted for 30 percent of existing home sales for the fifth-straight month, up from 25 percent in May 2010, according to the National Association of Realtors. Cash buyers often get better deals since sellers are more secure knowing that their offers won’t fall through due to lack of financing. So if you are thinking of owning a home or investment property and have the cash to do so, this is the time. Call or email me to discuss your home/investment owning possibilities in Tampa Bay.
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Gloria Walters, PA | REALTOR
813-419-7009 (Direct) | 813-200-8707 (Fax) | Info@gloriawalters.com

  

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If you are interested in finding out more about Tampa's real estate market, contact me. I  look forward to working with you.

________Disclaimer: The contents of this posting are the property of Gloria Walters. Gloria Walters is a REALTOR working in Hillsborough, Pasco and Pinellas Counties helping buyers and sellers buy and sell homes. Contact Gloria to list your property for sale or to purchase a property in Hillsborough, Pasco & Pinellas Counties. Information is provided in this blog with the intent to educate homeowners and buyers about communities within the Tri-County Area, the real estate market, industry, trends, and much more.

 

 

 

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Rainmaker
170,448
Lisa Dunham
Alexandria, VA
Associate Broker, Alexandria Virginia Real Estate

Well, I guess this is good news for investors but I am not so sure about those homeowners who are waiting for an increase in property values.  

Sep 24, 2011 04:20 PM #1
Rainmaker
498,397
Sonja Patterson
Keller Williams - BV - College Station, TX
Texas Monthly 5-Star Realtor Recipient for the Hou

Gloria, I am seeing more cash buyers here as well--esp. those coming from other states that see our home prices as a real bargain! 

Sep 24, 2011 04:21 PM #2
Rainer
112,028
Carlotta Remong
Berkshire Hathaway HS N.E. Prime Properties - Newport, RI

I think cash will be King for a long time to come! Thanks

Sep 24, 2011 04:33 PM #3
Rainmaker
2,852,238
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Gloria - Cash buyers purchasing properties at discount and close the transaction in shorter period of time.

Sep 24, 2011 05:02 PM #4
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Rainer
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Gloria Walters, PA

Broker Associate - Selling Tampa Bay Homes
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