More than Half of Troon Homes Are Purchased For Cash

All-cash home sales are becoming much more prevalent in today’s market. According to reports from Goldman Sachs Group, more than half of homes nationwide are being purchased with cash, mortgage-free. This is especially true for real estate in Troon. Most luxury Troon homes are purchased by investors, wealthy homebuyers, and international homebuyers.

Before the market crash, all-cash sales made up about 20 percent of home sales nationwide. Today, that number has more than doubled. Goldman Sachs Group reported that approximately 44 cents of every dollar of home sales represent the amount being financed with a mortgage.

Economists at Goldman Sachs Group came to their conclusions after analyzing figures from the National Association of Realtors, Mortgage Bankers Association, Lender Processing Services and U.S. Census Bureau.

Troon homes represent some of the finest luxury real estate in the Valley. Troon homes offer spectacular views and a coveted lifestyle of luxury. To learn more about trends in the current market, please visit our page on Scottsdale real estate trends. You can begin viewing Troon homes for sale by scheduling an appointment with me. Call (602) 791-0536 or email Carmen@TopScottsdaleHomes.com.

Carmen Brodeur JD
Realtor
Trillium Properties, LLC
9825 E Bell Road, Suite 120, Scottsdale AZ 85260
(602) 791-0536
Carmen@TopScottsdaleHomes.com
www.TroonRealEstate.com