Cash Buyers Dominating Orange County CA Real Estate Markets

Cash buyers for homes

Orange County CA home buyers or putting enormous amounts of cash money into the buying process.

During 2012 year, Orange County buyers put $9.06 billion of their own funds into homes – that is cash spent in no-loan purchases plus down payments for sales with mortgages.

19 percent more cash was used for Orange County home buying during 2012 than during the past year 2011.

A shortage of for sale inventory at Orange County leads some sellers to favor cash buyers better than those with mortgages.

This big cash put into deals is a sign of home shopper confidence in Orange County CA homes and real estate.

Orange County ca home selling

 __________________________________________________  

 Source of information is OCRegister.com and its reference to DataQuick.com.

 

About Harrison K. Long

Professional real estate representative, Realtor, Broker associate, Evergreen Realty HomeSmart, Irvine and Orange County, CA. Real estate broker, CALBRE #01410855. Providing value and helping property owners, real estate investors, trustees, executors and administrators, fiduciaries, bankers, investor group managers, with listing and sale of properties and best decisions about homes and real estate - Orange County Association of REALTORs, member and prior service on board of directors from 2012-2014; California Association of Realtors, member and now serving on its board of directors; National Association of Realtors - Also an attorney member of the California State Bar Association #69137 - Contact by telephone or text at 949-701-2515.
This entry was posted in Cash home buyers, Home buying, Home buying or renting, Home buying Strategy, Home selling tips, Live at Orange County, Orange County home values and tagged , , , , , , , , , , , , , , , , , , , , . Bookmark the permalink.

Leave a Reply