Tag: Cash
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Luxury Real Estate Financing Trends
Financing is an important factor in the stability of the housing market. At the luxury end of the market you are talking about big loans with significant risk to the investor. I decided to take a look sales on a year by year basis to see how the balance of cash vs. conventional financing was […]
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Warren Buffett Would Buy Millions Of Single Family Homes
If it was logistically possible. Buffett made the remarks on CNBC’s Squawk Box. Watch the video. While is not really possible for Buffett’s Berkshire Hathaway to invest 10’s of billions of dollars into individual single family homes, that is not stopping investors on a slightly smaller scale. Many, many buyers are reporting frustration when shopping […]
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Cash = King
The old adage rings cash is king. 2011 was the poster child for cash. Arizona Regional Multiple Listing Service (ARMLS) is reporting that in 2011 47% of of it’s subscribers deals were cash. No mortgage, no 3 party financing just good old fashioned cash. If you look at approximate numbers, ARMLS is reporting a hair over 100,000 […]