Cash is king in the real estate business, and proving that are so-called all-cash buyers who’re picking up more than half of all available homes for sale in some hot markets. Redfin reported this week that almost one third of all home purchases in the U.S. up to July 14 this year were paid for
Rise in cash offers negatively impacts traditional buyers
December 20, 2020 by
A rise in the number of buyers who’re prepared to pay for homes fully in cash means that those who require financing are struggling to compete. Recent data from realtor.com shows that all-cash deals comprise as much as 36% of all real estate transactions in certain U.S. markets. That’s a problem, because those who can
San Antonio All Cash Buys Properties Direct without Cost of a Real Estate Agent
July 30, 2018 by
San Antonio All Cash is an experienced, professional property buying company that helps clients to sell their homes fast, and avoid the costly and lengthy process of using a real estate agent.
The Ever Changing Real Estate Market
May 24, 2014 by
How many of you saw this one coming? In two short years, the real estate market has gone from distressed foreclosure sales at deep discounts to a market where potential sellers are afraid to sell because they don’t think they can find a replacement home – not at any price. It’s true; one of the
Why are More Buyers Bringing Cash to the Table?
May 13, 2014 by
All-cash purchases are on the rise, despite a decrease in distressed sales and investor activity, according to the NAR’s Realtors Confidence Index of about 3,000 survey respondents.
Why Housing Needs Higher Interest Rates
February 17, 2014 by
1. Help Reign In Rampant Speculation Speculation on the most massive scale in human history is taking place in virtually all of America’s major cities today. Fueled by trillions of dollars at near-zero interest rates, courtesy of the Federal Reserve. Tens of billions of dollars monthly, is being loaned to recently created, (i.e. no track
Institutional Investors Changing Strategy
November 21, 2013 by
It’s not universal but there is a shift occurring in how large all-cash buyers are purchasing foreclosed properties. Nationally, houses completing the foreclosure process in October were down 29% compared to a year ago. The number of houses entering the foreclosure process has steadily decreased for 15 consecutive months. The result is that there have
Industry Spotlight: Ocean City Development, LLC
May 9, 2013 by
Although Massachusetts has seen a significant drop in foreclosures over the last twelve months, 1.9% of all home mortgages in the state are still in distress. The lower foreclosure rates in Massachusetts are certainly a sign that the real estate market has stabilized and the demand for housing has improved, but what if you’re currently a home owner facing foreclosure and don’t know where to turn?
Tips for Building a Quality Buyer’s List
August 10, 2012 by
Putting together a solid list of buyers is one of the best things a realtor can do. It only takes a few meetings to figure out who the investors are that will actually look at a property, make a decision right then and there, and be ready to close in 10 days to two weeks. These folks are like gold when you find them!
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.
