Fix Up Condos News Today : Breaking News, Live Updates & Top Stories | Vimarsana

According to the national association of realtors, 32% of all properties purchased in january were purchased with cash. that compares with 26% in january last year. columbia university real estate professor christopher mayor. >> i think the cash purchases in the market are really a function of where we are in the cycle. the challenge of getting finances, and, you know, what i think some people perceive as real opportunities to purchase property. >> reporter: many are investors who fix up condos and houses and then sell or rent them out. but for first-time home buyers like mark and mary, cash m...

Real estate market? mark and his fiance are looking at their 26th house. in their search for their first home. >> this is nice and big. >> they'll be paying for it in cash taking advantage of the market's low housing prices. >> this is a great time to buy houses because they are so much less than what they were at even four years ago. >> reporter: from coast to coast cash sales are up. according to the national association of realtors, 32% of all properties purchased in january were purchased with cash. that compares with 26% in january of last year. columbia university real estate professor c...