The results are in and according to CNN money the stats are showing that cash deals are making a hit on homes this year! Partially due to investors but also due to the fact that cash deals look pretty great right about now. With the economy taking longer than expected to pick back up, it’s not a surprise cash is making a mark.
With the banks already hurting, this is going to make it a little harder for the banks to hang on to loans. Which would you prefer, all cash or a bank loan?