Posts with tag all-cash deals

Could the "animal spirits" be coming back to the real estate market, or are we just getting blinded by the all-cash deals? It appears that one way to gauge the "bottom" of the real estate market to is tally up how many buyers are paying hard, cold cash for their transactions. And lately, those buyers are coming out of the... Continue Reading »

Sure, $2 million is a drop in the bucket for many of the buyers around Miami Beach's swank North Bay Road area, where homes begin in this price range. But for these buyers, many of whom are wealthy foreigners, cash is burning a hole in their pockets. The traditional route of bank financing, down payment and mortgage is... Continue Reading »

All-cash home purchases are growing significantly in the real estate market – thanks to tighter bank lending practices, repeat buyers who are opting to forgo the mortgage process, and investors gobbling up distressed real estate. For every month so far in 2010, all-cash buyers comprised either 26 percent or 27... Continue Reading »

There's no denying that all-cash buyers are a force to reckon with in America's neighborhoods. All-cash buyers have come to account for roughly one-fourth of the housing market. According the National Association of Realtors' most recent Realtors Confidence Index: as of March 2010, all-cash buys accounted for 27 percent... Continue Reading »