Real estate cash buys continue to trend upward
Saturday, March 26, 2011
Real estate agents and brokers are seeing hopeful signs in the housing market as cash buyers continue to increase.American real estate will rebound and investors know it.
The cash buyers include local and out-of-town investors who plan to rent the homes until they decide to sell them. People buying second homes are also likely to be cash buyers.
Investors make a lot more money investing in real estate than in the open market. In the last six months housing prices have been at a level in which investors are confident that they will receive great returns.
Housing prices are set to go up and investors are looking to buy before this happens.
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