In case you've ever wondered about how we've come to enjoy some of our treasured holiday/Christmas traditions, here is some history behind them.THE CHRISTMAS TREE
Dated: September 7 2022
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After years and years of really low interest rates - aka cheap money - cash wasn't king. Cash couldn't compete with a person that could get a 2% loan.
In fact, CASH was worse than a loan because someone getting a loan, typically was willing to pay more than a cash buyer. But, a recent poll showed that almost one third of all home purchases in the U.S. up to July of this year, were paid for in cash. The 30% share of cash buyers is the largest since 2014, when 30.14% of homes were paid for in cash.
With that said, the market is slowing down, and interest rates are on the rise, and CASH IS KING AGAIN.
A recent example is a cash buyer client, who was able to purchase a home for over 20% below the list price. This doesn't mean there's reason to panic, the market hasn't crashed. The only difference is CASH has gained its power back
So, If you have $200k to $2 million +/- in stocks, bonds, cash, or other investments and would like to put it to better use, then contact me personally at Robert@cuffe.us, and let's discuss an investment strategy to capitalize on the real estate market opportunities.
I am not your average Real Estate Broker. I have personal experience in the cash home-buying investment market, and have expertise to help my clients make money..
E-mail me if you have $200k - $2 million+/- you want to deploy into real estate, and see greater returns than you currently see in other investments.
Or call me...734-637-7000.
Meeting your Real Estate needs! I am celebrating over 35 years in Real Estate with over $402,540,000 in sales. NEWS ALERT....There is a housing shortage of nice "homeowner owned" homes & condos in....
In case you've ever wondered about how we've come to enjoy some of our treasured holiday/Christmas traditions, here is some history behind them.THE CHRISTMAS TREE
Mortgage rates began falling late this summer as worrying economic indicators (rising unemployment) led investors to believe the Federal Reserve would begin cutting rates. Leading up
What is a "written buyer agreement?" What does it do? A written buyer agreement is an agreement between you and your real estate professional outlining the services your real estate professional
What Is Labor Day? A History of the Workers’ Holiday.Labor Day is a federal holiday in the United States celebrated on the first Monday of September to honor and recognize the American labor