Archive for June 29th, 2011
Cash Works
Posted by kwsmartteam in Real Estate 101 on June 29, 2011
According to the National Association of Realtors cash transactions accounted for 30% of all home sales in May 2011. This is up from 25% in May of 2010 and 12% in 2009.
Locally our cash transactions were even higher. Last month 61% of homes were purchased with cash. In the first quarter of 2011 a staggering 73% of sales were cash transactions.
You don’t have $80,000 burning a hole in your pocket? There is still money to be had…..want to know how?
Email us kwsmartteam@gmail.com