All cash house buyers at all time high

CASH  RealtyTrac reported Thursday that the percentage of all-cash buyers has soared in the past year, with 42.7% of all U.S. residential property sales in the first quarter all-cash purchases, up from 37.8% in the previous quarter and up from 19.1% in the first quarter of 2013. Notably, this is the highest level since RealtyTracContinue reading “All cash house buyers at all time high”

Housing still flat

Housing Wire reports that the latest edition of the Obama Administration’s housing scorecard shows that there are positive overall trends in the housing market, but notes that the recovery from the “Great Recession” isn’t yet complete. The housing scorecard, prepared by the U.S. Department of Housing and Urban Development and the U.S. Department of the Treasury, cites stableContinue reading “Housing still flat”