Originally published on Fri January 24, 2014 10:54 am
More and more people are buying homes with pure cash. In December, all-cash purchases accounted for 42.1 percent of all U.S. residential sales, according to the latest report from RealtyTrac, a company that collects and analyzes housing data.
The housing market is showing signs of recovery and construction has started once again on developments delayed by the recession. That doesn’t mean everyone is in good shape. Many homeowners remain underwater, with home values nowhere near the purchase price. Then there are the questions about refinancing or buying something new. Real estate and housing experts Richard Hagar and Linda Taylor are here to help. Call 206.543.5869 with your questions or send us an email at firstname.lastname@example.org.