Mulitple Offers Increase

 Since an “All Cash” transaction does not have to go through lengthy lending approval process,the escrow process is faster and is less likely to fall through, making the
offer more attractive and more assured.

According to results based on C.A.R.’s 2012 Annual Housing Market Survey, “All
Cash” buyers has been on the rise since the mid of 2000’s, increasing from 11
percent in 2005 to 30 percent in 2012. Almost one-third of all home buyers paid
with all cash in 2012, which is more than 3 times what it was in 2001 when “All
Cash” buyers were merely 8.8 percent. The share of all cash buyers in 2012 was
also nearly double the long-run average of 15.1 percent since 1998.

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