Tag Archives: cash buyer

All-cash purchases across U.S. reach new high

RealtyTrac® recently released a report stating that all-cash home sales have reached a new high in the U.S. See All-Cash Share of U.S. Residential Sales Reaches New High in First Quarter Even as Institutional Investor Share of Sales Drops to … Continue reading

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Cash purchases may be subsiding…locally

Campbell/Inside Mortgage Finance HousingPulse Tracking Survey reported yesterday that nationwide home purchases relying on cash and no mortgage financing climbed to a 10-month high of 30.1 percent of home sales in February. See All Cash Home Purchases Hit 10-Month High … Continue reading

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More than 30% of home sales are cash purchases

Early last year I posted a piece on the percentage of house sales that were cash transactions – see Cash is King – more than ever. In that blog post I reported how more properties were purchased for cash in … Continue reading

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Are rising prices turning away investors?

An interesting piece in USA TODAY echoes some recent observations I’ve heard from agents in our local market – namely that investors are beginning to leave the Reno-Sparks market as prices have increased so dramatically over the past year. Indeed, … 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

Posted in Agent Insights, Lending | Tagged , | 18 Comments