Buyers' own funds - financing source for 69 pct of post-emergency property purchases
Tuesday, December 8, 2020
Funding for roughly 69 percent of the real estate transactions concluded from June 2020 to date came from the buyers' own resources and only 31 percent were financed from loans, found a RE/MAX survey conducted based on its nationwide network intermediation deals.The typical real estate buyers in the reporting period were individuals or families with pre-approved loans or liquidity, who sought larger homes. Single-family homes are currently the most attractive ...