[ctime]

Real estate often operates on margins and has long been considered a prime store of value. In the United States, the origins of cash used in real estate transactions are rarely scrutinized, and cash-only purchases have reached a decade high this year.

Why does real estate remain relatively strong in some countries? Likely because savvy investors either want to live there or believe others will.

Real estate prices in California are at their peak, and while the media might anticipate a housing crash, it's unlikely. With large amounts of money needing a place to go and states like Florida enacting xenophobic policies that deter investment, California remains an attractive option.

[1] [NAR Realtor Blog](https://www.nar.realtor/blogs/economists-outlook/the-share-o...)

[2] [CNN](https://amp.cnn.com/cnn/2024/06/17/homes/florida-law-bans-ch...)

[tssva]

I live in, or did until recently technically now I live a little outside, a very competitive housing market. All cash offers have become the norm to secure housing in the most in demand areas even for those purchasing their primary homes vs investment properties.

How this often works is a cash offer financer completes the purchase from the seller and in turn sells it to the buyer once their mortgage has been secured. The buyer rents the house from the financier until this happens. Sometimes the agreement is the financier will only purchase the property if the buyer doesn’t have their mortgage in place by the closing date.