Tuesday, January 24, 2012

Cash Sales Increase 11% In 2011

The number of houses purchased in Bend last year by buyers paying cash increased 11% from a year earlier, and accounted for more than 1 of every 4 closed sales.

452 of the 1688 stick built houses on less than an acre sold in the area in 2011 were cash deals.  This was up from 406 in 2010, when cash sales made up 24% of 1690 closed transactions.




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