Cash buyers lift the housing mark

Cash buyers lift the housing market.... It is true and it is a good thing. The downsize, cash buyers often command 5% to 15% more off the asking price than a potential buyer using a mortgage, thus affecting market values. The upside.... cash buyers are taking inventory off the market, fixing homes that often times are not desirable to buyers that are financing a purchase. There are great FHA renovation loans available to buyers who want to take on renovations.