How Many Cash Transactions In Reno/Sparks?

home selling closing costs renoHow many real estate transactions were cash in Reno/Sparks in 2013?

Erin Schiller at Ticor Title provided some insight during her December 2013 market update.

You can view the full report here.  Below is an overview.

  • From January 2013 through October 2013, cash transactions were approximately 42% of the resale market in Washoe County.
  • October 2013 had around 35%
  • November 2013 had around 39%.

Those numbers are a worry to first time home buyers getting loans but a pleasant surprise to sellers not wanting to deal with appraisal issues.

For questions about buying or selling your home in Reno/Sparks contact Ricky Beach at (775) 393-9601 or Ricky@RickyBeach.com

 

Ricky Beach

Broker/Salesman


Keller Williams Group One Inc.

10539 Professional Circle., #100

Reno, NV 89521

 

Office: (775) 393-9601
Cell: (775) 750-1437
Email: Ricky@RickyBeach.com
Website:www.RickyBeach.com

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Posted in For Agents, For Buyers, For Sellers, Market Update, News and tagged , , , , .

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