Categories: Bedfordblog

Cash Sales in March | Bedford NY Real Estate

Realtor® comments in the latest Realtors® Confidence Index survey,  indicate that an increasing number of home buyers have been making all-cash purchases in recent years.  The high preponderance of all-cash sales appears to be due to a number of factors:  Unrealistically high loan underwriting standards, a significant level of investor participation in the market, and sales of properties as second homes.  Cash sales made up 31 percent of residential sales in March.

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Robert Paul

Robert is a realtor in Bedford NY. He has been successfully working with buyers and sellers for years. His local area of expertise includes Bedford, Pound Ridge, Armonk, Lewisboro, Chappaqua and Katonah. When you have a local real estate question please call 914-325-5758.

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