• West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800

Record One-third of Home Sales in California were All-Cash

More than one-third of the houses purchased in California in 2012 were all-cash sales, a record for such transactions.  DataQuick said today that there were 145,797 condos and houses purchased in the state without benefit of a mortgage, 32.4 percent of all sales.  In 2011, which was also a record year, there were 125,812 such sales or 30.4 percent of the total.  Cash sales have represented an average of 15.6

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Existing Home Sales Increase

Existing home sales for October rose to 4.97 million, a 1.4% increase from September, and a 13.5% increase from October 2010. An additional positive sign is the decline in the number of homes on the market. Total inventory for October fell 2.2% from September. This represents an 8.0 month supply at the current sales pace, down from 8.3 months in September. Existing Home Sales is a measure of the selling rate

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Christian Penner , - - - - - North Palm Beach , FL 33408 United States
Phone: (561) 316-6800 Email: TheMortgageTeam@ChristianPenner.com
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