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California

ThoughtCriminal

(14,400 posts)

4. I paid cash for my last two homes

Reply to CoopersDad (Original post)

Sun Jan 5, 2025, 09:18 PM

Jan 5

In both cases I was downsizing and used the cash from selling my previous homes. I'm sure a lot of these cash buyers are investors, but not all of them.

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Highlight:

2023: 40% of home purchases were all cash. Median price well over $1M (Santa Cruz County) [View all] CoopersDad Jan 5 OP

Really needs to be stated that cash here means without mortgage bucolic_frolic Jan 5 #1

Correct, purchased without a conventional loan, cash to the seller. CoopersDad Jan 5 #2

Reminder: Santa Cruz is only about an hour from Silicon Valley Fiendish Thingy Jan 5 #3

I paid cash for my last two homes ThoughtCriminal Jan 5 #4