Cash Investor? Invest here

By
Real Estate Agent with Berkshire Hathaway HomeServices S.0177802

Are you a cash investor? Think about investing on the east coast!

Real estate investing, and cash investors, abound on the east coast. The market share captured by cash investors in several areas of Florida outnumber entire western states 3 to 1. 7 metropolitan areas in Florida are found within the top 10 nationally for this statistic; i.e., the economic influence cash investors yield throughout Florida is well above the national median.

In general cash purchases are higher across the eastern states. The higher opportunity in Florida for buying real estate as a cash investor is apparent. The statistics point to this conclusion specifically. Their method of foreclosure should be considered. This influences which type of buyer ultimately purchases a property.

Check out this figure and let me know what conclusions you draw?

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Source

Posted by

Matt Mortensen
Real Estate Salesperson

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Cell (702) 822-0191
Fax (702) 317-3148
mattm@bhhsnv.com
http://www.mattmortensen.com

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BHHS Nevada Properties

8337 W. Sunset Rd. Suite 150

Las Vegas, NV 89113

Comments (5)

Mike Rock
Complete Design - Granite Bay, CA
Granite Bay Luxury New Construction...For Less

are you looking to attract attention to FL or NV  ? curious

Sep 05, 2015 05:46 AM
Matt Mortensen

NV. I know what you're gonna say. I just found this interesting. I love investment news and thought I would share something I found genuinely fascinating. I did not intend to distract the focus of my blog from Las Vegas. But I can understand how an inconsistency like this should be avoided.


But in my mind investors and buyers are different in the fact that they don't have to live where they purchase real estate. Absentee owners exist in every market including foreign investors. So I relate this to real estate investors in Las Vegas.


I'm assuming a lot, but I think you are advising me to stick on the Las Vegas straight and narrow path! Let me know


Sep 05, 2015 06:12 AM
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • GRI • HAFA • PSC Calabasas CA

I agree with Mike.

I think, you should post NV data. But comparing it side to side to FL might be interesting too.

All the best!

Sep 05, 2015 10:12 AM
Matt Mortensen
Berkshire Hathaway HomeServices - Las Vegas, NV
Real Estate Agent, Las Vegas

You are both right. Thank you!

Sep 05, 2015 11:16 AM
Bob Crane
Woodland Management Service / Woodland Real Estate, EXP - Stevens Point, WI
Forestland Experts! 715-204-9671

Good stats Matt, cash investors can be great, eliminate so many issues that financing produces.

Sep 05, 2015 04:15 PM