Post Profile

The way Americans buy homes is changing — and it presents a huge problem for the middle class

The least and most expensive houses and condominiums are being purchased without debt by cash-only transactions. Home buyers can profit off cash house purchases if they can afford to do so. Saving money or looking at more affordable housing can open the doors to more cash purchases. Most Americans don't have tons of cash floating around. That can make buying a home difficult for some, as all-cash home sales remain above normal levels, The Wall Street Journal reports.
read more


Related Posts

Three DC neighborhoods tick all the boxes: affordability, good schools and walkability

Real Estate / Real Estate Industry News : Inman News

No single factor coaxes a buyer into plunking down earnest money for a home, but how do you determine what makes the best set of factors to entice your particular buyer? Perhaps it's getting them to purchase the least expensive home...

The broke versus all cash buyer: Over 56 percent of Southern California home purchase came from FHA insured buyers and all cash buyers. Last month record level of buying from all cash buyers.

Real Estate / Real Estate Industry News : Dr Housing Bubble

As I dig through the monthly data on home sales, one trend continues to intrigue me when it comes to California housing.  Call it the broke versus the big cash buyer.  For example, over 23.2 percent of Southern California home buyer...

Figuring Out How Much House You Can Afford to Buy

Business & Finance / Personal Finance : Moolanomy Personal Finance

If you are looking to purchase a home, you might be wondering “how much house can I afford to buy?” With the mortgage rates at their all time lows and the housing market still favoring buyers, this may be a good time to buy. But how...

Nearly half of the homes purchased in major cities in Florida are all cash buyers. Cleveland is also seeing nearly half of all home purchases being made with all cash.

Real Estate / Real Estate Industry News : Dr Housing Bubble

When it comes to all cash buying people usually think of select housing markets in expensive cities.  While this is true in places like San Francisco or San Marino, there are currently some lower priced markets where all cash buying...

9 best housing markets for first-time home buyers

Business & Finance : Business Insider: Money Game

It's tough out there for first-time home buyers. Th e housing market is currently facing an under-supply problem that is helping to lift prices beyond the affordable reach of many Americans — especially for those looking to purchase...


Copyright © 2016 Regator, LLC