[quote=SD Realtor]Total closing in 92130 since 4/1/13 of detached homes 88. 16 of them are cash. The rest are financed. Less then 20%.
What is evident is that the lowest price homes in 92130 are the ones that are predominantly bought with cash.
Yet to me this is hardly the epidemic that people seem to be giving lots of personal stories about.[/quote]
Thanks for the hard data SDR.
All cash purchases trigger something within us. Be it envy, disbelief, or shock. People also tend to repeat stories of all cash offers over and over. This is why within the anecdotal world, it seems like every home in CV are all cash purchases.
