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Bradley Stiehl's Blog

By Bradley Stiehl | Agent in Scottsdale, AZ

Cash buyers coming to Ariz. housing market‎

Cash buyers coming to Ariz. housing market‎ - Houses are dropping off the market and buyers are paying cash.  Of all sales in the state during 2011, 46.5% were cash sales, with about 63% of those sales for less than $100,000 each, according to data from ARMLS.  The possible investor activity is a positive for the market because a majority of those sales were distressed properties says Kris Hegarty with ARMLS.  Read article:

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