The Cash Buyer Surge: What 30% All-Cash Sales Mean for Our Local Market

A recent article in USA Today reports that cash buyers are snapping up homes and properties in markets all over America. Somewhat incredibly, perhaps, in a recent month all-cash buyers accounted for some 30% of existing home sales. This trend is showing up more and more – and right here in our own back yard. These are savvy investors who likely sense that prices may not remain at currently very attractive levels, and that mortgage rates have begun creeping up. Don’t let this trend slip by you – give us a call. Also Please Don’t forget to come visit Chatham on July 9th for Summerfest. Lots of food, entertainment, and shopping. Click Here for more information.