This morning’s article in the WSJ substantiates what I experienced with my real estate transactions in 2010. Lots of cash buyers out there. It simply makes sense right now with tight underwriting and appraisals all over the map, that people see the value in taking their valuable liquid assets and pumping them into property while the market is down. 425+% of all property sold here in AZ last year? Paid in full. There are definitely signs of digging out.
