RE: Cash purchases of homes on the rise
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Houston currently pulling a 7% inventory on single family home. It’s a all time low. Houston is generally a very flat market, nothing happens here in terms of housing. But I know people are paying $50-60K above asking. Also houses are getting sold before they are listed.
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Yeah, that is happening here too. People are also waiving home inspections just to seal the deal. Could end up being very costly for them down the road...