Showing posts with label Palo Alto. Show all posts
Showing posts with label Palo Alto. Show all posts

Wednesday, September 28, 2016

A Whopping 44% of Buyers are paying ALL-CASH to buy Palo Alto Homes the past 2 1/2 years

To understand the impact of ALL-CASH buyers, in Palo Alto, for the past 2 1/2 years, the percentage of homes that were bought by buyers who paid ALL-CASH is 44% !! This is in Palo Alto, where homes are regularly in the multi-million dollar range.  However, don't despair mortgage buyers.  I've been able to get my buyers deals even though we need to get a mortgage.