All-Cash Homebuyers’ Increase in Portland

As the big real estate investors take a step back from the market, all-cash homebuyers are increasing. Investors with 10 or more properties decreased from 4.7% to 2.3% in this last year. While, buyers paying with all-cash, according to real estate listing site RealtyTrac has increased to 28.2 up from 16.3 in the last year. Many believe these cash buyers are mainly buying to invest or flip for profit. There is a lot of money to be made in the real estate market right now and it appears many of these cash-only buyers are making use of this investment opportunity. For more info, CLICK HERE