Sunday, March 13, 2011

All cash buyers... a follow up...

To piggy back on my previous post, the number of homes purchased with cash in California jumped to a record 30.9% in January, per DataQuick.  According to the same source, 52% of the homes purchased with cash in Jaunary were being foreclosed on in the prior 18 months - which points to buyers-investors in large part.
Silicon Valley real estate.
Silicon Valley stats

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