05-26-2024, 04:59 PM
(05-26-2024, 02:38 AM)terracore Wrote: ...Basically, our housing market had been insulated from what is going on everywhere else because of cash buyers. People who don't need to pay the bank $1.2M for a $500k house. But those cash buyers seem to be running out of cash.Could it also be that the rising prices locally have dampened their enthusiasm for a cash buy, or even priced them out of the market? I guess it's essentially the same thing. They haven't run out, just don't have unlimited funds.