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Twin Cities Cash Home Purchases At Record-Breaking Levels

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The Twin Cities continues to see spectacular demand from cash home buyers this year and is on track to make 2011 the biggest year ever for cash home purchases. ┬áSince the 1st of this year, fully 1 in 4 home sales recorded by the RMLS of MN have been cash sales - 3600+ and counting so far this year! Cash buyers are often investors, but not all of them are. ┬áSome investors are buying to turn homes into rentals, which in this market is a growing need, while other investors are buying these homes and then fixing them … [Read more...]

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TwinCitiesRealEstateBlog.com is not a Multiple Listing Service MLS, nor does it offer MLS access.
This website is a service of Aaron Dickinson of Edina Realty, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc.