A combination of lower home values, affluent buyers, more investors and individuals who want to skip the appraisals process means that all-cash transactions in Detroit are spiking through the roof.
Why one real estate agent rejected higher bids in favor of an all-cash offer
July 26, 2017 by
Dallas-based real estate agent Laura Barnett didn’t anticipate quite so much interest in a listing she put on the market just three weeks ago.
Sales Data + Case-Schiller Composite Shows Impact Of Cash Buyers
April 2, 2012 by
Previously, I pointed out that the uptick in home sales in many areas is being driven by all cash buyers, many of whom are real estate investors. Well, actually let me say right here that anyone smart enough to be buying in the current market at today’s prices IS a real estate investor, and a darn good one at that.
Cash Buyers Driving Sales In Housing Market
March 28, 2012 by
Many, if not most of the major markets across the U.S. are reporting an uptick in home sales activity. But these are not your new, first time home buyers with FHA loans that are driving this increase, it’s real estate investors and foreign buyers.
