I received the following pair of emails from Seattle Bubble readers in the last few weeks, both describing a similar frustration with today’s housing market in Seattle. They’re a little long, but both worth reading. Here’s the first one: My husband and I are hoping to buy a house sometime this summer in the Shoreline…
Tag: cash-sales
All-Cash Buyers Dominating the Low End of the Market
Full disclosure: The Tim is employed by Redfin. As promised, I posted my all-cash buyer analysis to Redfin’s Seattle blog yesterday: 38% of Sales in King County Were Purchased With Cash in 2011 Here’s the chart from the post, with an added histogram based on your comments here earlier this week. Select which type of…
Sneak Peek: 1 in 3 King County Home Sales are All-Cash
I’ve been running some data for an upcoming post on Redfin’s Seattle blog, and came across a surprising statistic: So far in 2012, 36% of sales in King County have been all-cash. This is up from a mere 12% in 2006. Meanwhile, another 32% of homes have been purchased with a good solid 20% or…