An Astonishing Share Of Homebuyers Are Paying All Cash

By
Real Estate Agent with Coldwell Banker BRE# 01940159

This article validates what obviously is upon us - Cash buyers abound.

Just wondering if most of those cash are from outside sources and not from our banking system.

More and more people are buying homes with pure cash. In December, all-cash purchases accounted for 42.1 percent of all U.S. residential sales, according to the latest report from RealtyTrac, a company that collects and analyzes housing data. http://www.npr.org/blogs/money/2014/01/23/265264740/an-astonishing-share-of-home-buyers-are-paying-all-cash

 

Posted by

     Mario Reyes

Real Estate Agent, BRE# 206535371
Coldwell Banker Residential Brokerage 

21060 Redwood Rd., Suite 100, Castro Valley , CA 94546

Office   No. -(510) 583-5433;  Fax No. (510)583-5480

Mobile No. -(510) 329-7644 
www.marioreyesrealtor.com
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Comments (3)

Sharon Parisi
United Real Estate Dallas - Dallas, TX
Dallas Homes

For the last two years the majority of my transactions were cash transactions.

Jan 30, 2014 11:30 AM
Mario A. Reyes
Coldwell Banker - San Leandro, CA
Your real estate friend at San Francisco Bay Area

It seems Sharon. It pays to have cash.

Jan 30, 2014 11:48 AM
David Saks
(retired) - Memphis, TN

Another fine report. Thank you for sharing. Have a great weekend.

Jan 30, 2014 04:45 PM

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