Tag Archives: cash

All-cash sales increase in 2018

Reversing a downward trend observed since 2015, the portion of all-cash home sales in the Reno and Sparks, Nevada market climbed to 21.0 percent in 2018. Of the 5,972 homes sold in the Reno-Sparks area in 2018, 1,254 were cash … Continue reading

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Cash is King – more than ever

More properties were purchased for cash in 2011 than in any previous year. Of the 7,233 MLS-reported sales (all property types) in the Reno and Sparks markets 2,517, or nearly 35% were purchased for cash. If we restrict the analysis … Continue reading

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One in four Reno houses purchased for cash

Today’s Wall Street Journal had an interesting piece on cash buyers and how they’re breathing life into some of the nation’s most battered housing markets.  See Cash Buyers Lift Housing. According to the WSJ piece, cash buyers represented more than … Continue reading

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Now May Not the Time to Buy

Unless you’re a professional foreclosure investor, on a company relocation package, too rich to care, or desperate to get away from a bad landlord situation with plans to live in a purchased property for the next 7-10 years, now may … Continue reading

Posted in Agent Insights, Lending, Market Trends, Market Trends | Tagged , , , | 93 Comments