There are 1 blog entries for February 2011.
Tuesday, February 8th, 2011 at 8:23am. 383 Views, 0 Comments.
The Wall Street Journal has a interesting article on real estate nationwide, Cash Buyers Lift Housing. The author of the article goes on to show, "Nationally, 28% of sales were all-cash transactions last year, according to the National Association of Realtors. The rate was 14% in October 2008 when the trade group began tracking the measure."
The national trend is also being felt in our local North Carolina real estate markets. From Greenville to Elizabeth City and the Outer Banks, cash buyers continue to snap up excellent opportunities in the real estate market.