cash sales of real estate declined
Cash purchases typically account for about one quarter of home sales but, in the hot and heavy hdege fund days investors became a major force, . Cash investors accounted for 46.5 percent of home sales at the peak in January 2011. CoreLogic said if the cash sales share continues to fall at the rate it did in the current report period the share should return back to the 25 percent pre-crash levels by mid-2017. So is that when we should expect to find a balanced market of buyers and sellers? That is really the best for investors. When one side -either buyin or selling- is lopsided it’s either tough to buy or tough to sell. I like normal
