AlfonsoGomezBroker.com - In a sign that the housing market may be reaching it's peek, all cash sales have once again declined. There are many reasons for this mainly because investors are starting to see that their profit margins are decreasing to a point that they would rather not buy.
This is good news for first time buyers because this will mean that there is less competition for homes. With the absence of the all call offer, the financed offers are now in a much better position.
We'll have to see if this decline continues throughout this year but from the CoreLogic estimates this trend will continue.
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