Real Estate Matters | July 4, 2014 | Palo Alto Weekly | Palo Alto Online |

Palo Alto Weekly

Real Estate - July 4, 2014

Real Estate Matters

Reality check: bidding wars and all-cash buyers

by Hadar Guibara

If you've been in or around the homes market in Palo Alto during the past couple years, you've probably heard about the intense bidding wars brought on by too many buyers and too few homes up for sale. What you may not know is that a large percentage of sales are closing with all-cash buyers, many of whom have considerably more liquidity than they need to land the home they're interested in.

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Hadar Guibara is a Realtor with Sereno Group of Los Altos. She can be reached at hadar@serenogroup.com.

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