{"id":5961,"date":"2021-05-04T23:02:41","date_gmt":"2021-05-04T23:02:41","guid":{"rendered":"https:\/\/prestigeenterpriserealty.com\/?p=5961"},"modified":"2021-05-04T23:40:04","modified_gmt":"2021-05-04T23:40:04","slug":"the-power-of-cash-in-a-highly-competitive-housing-market","status":"publish","type":"post","link":"https:\/\/prestigeenterpriserealty.com\/de\/index.php\/2021\/05\/04\/the-power-of-cash-in-a-highly-competitive-housing-market\/","title":{"rendered":"The Power of Cash in a Highly Competitive Housing Market"},"content":{"rendered":"

\"\"<\/p>\n

Cash is king, money talks, you made a great cash offer and your offer was still rejected. WHY?<\/strong><\/span><\/p>\n

The National Association of REALTORS\u00ae\u00a0 Economists’ Outlook reported the following:<\/strong><\/p>\n

“buyers are turning to the power of cash, putting 20% or more in down payment, or simply not making an offer if there are already multiple offers on a property, leading to a widening wealth and income divide among those who are already financially wealthy and those who have not built up wealth, which mainly comes from homeownership in the first place.”<\/em>\u00a0<\/p>\n

The report also pointed out that 1 in 3 buyers did not make an offer because they did not want to compete with other offers.<\/p>\n

“Among reported clients who decided to not make an offer on the property, 35% of those reported cases did not make an offer once they knew there were already multiple offers on the property”.<\/em><\/p>\n

Read the full housing stats and analysis from NAR’s research experts NAR’s economists’ Outlook. <\/a><\/p>\n

Data source | National Association of REALTORS\u00ae and Scholastica (Gay) Cororaton<\/p>\n","protected":false},"excerpt":{"rendered":"

Cash is king, money talks, you made a great cash offer and your offer was still rejected. WHY? The National Association of REALTORS\u00ae\u00a0 Economists’ Outlook reported the following: “buyers are turning to the power of cash, putting 20% or more in down payment, or simply not making an offer if there are already multiple offers […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_editorskit_title_hidden":false,"_editorskit_reading_time":0,"_editorskit_is_block_options_detached":false,"_editorskit_block_options_position":"{}","ngg_post_thumbnail":0,"footnotes":""},"categories":[42],"tags":[],"class_list":["post-5961","post","type-post","status-publish","format-standard","hentry","category-ocsdrsla-real-estate-market"],"translation":{"provider":"WPGlobus","version":"3.0.1","language":"de","enabled_languages":["en","es","de","fr","ru"],"languages":{"en":{"title":true,"content":true,"excerpt":false},"es":{"title":false,"content":false,"excerpt":false},"de":{"title":false,"content":false,"excerpt":false},"fr":{"title":false,"content":false,"excerpt":false},"ru":{"title":false,"content":false,"excerpt":false}}},"yoast_head":"\nThe Power of Cash in a Highly Competitive Housing Market - Prestige Enterprise Realty<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/prestigeenterpriserealty.com\/index.php\/2021\/05\/04\/the-power-of-cash-in-a-highly-competitive-housing-market\/\" \/>\n<meta property=\"og:locale\" content=\"de_DE\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Power of Cash in a Highly Competitive Housing Market - Prestige Enterprise Realty\" \/>\n<meta property=\"og:url\" content=\"https:\/\/prestigeenterpriserealty.com\/index.php\/2021\/05\/04\/the-power-of-cash-in-a-highly-competitive-housing-market\/\" \/>\n<meta property=\"og:site_name\" content=\"Prestige Enterprise Realty\" \/>\n<meta property=\"article:published_time\" content=\"2021-05-04T23:02:41+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-05-04T23:40:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/prestigeenterpriserealty.com\/wp-content\/uploads\/2021\/05\/unnamed-file.jpg\" \/>\n<meta name=\"author\" content=\"Sherman Fowler\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Sherman Fowler\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/prestigeenterpriserealty.com\/index.php\/2021\/05\/04\/the-power-of-cash-in-a-highly-competitive-housing-market\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/prestigeenterpriserealty.com\/index.php\/2021\/05\/04\/the-power-of-cash-in-a-highly-competitive-housing-market\/\"},\"author\":{\"name\":\"Sherman Fowler\",\"@id\":\"https:\/\/prestigeenterpriserealty.com\/#\/schema\/person\/3f925c487817aed1625a5d5e671acb8f\"},\"headline\":\"The Power of Cash in a Highly Competitive Housing Market\",\"datePublished\":\"2021-05-04T23:02:41+00:00\",\"dateModified\":\"2021-05-04T23:40:04+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/prestigeenterpriserealty.com\/index.php\/2021\/05\/04\/the-power-of-cash-in-a-highly-competitive-housing-market\/\"},\"wordCount\":179,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/prestigeenterpriserealty.com\/#\/schema\/person\/3f925c487817aed1625a5d5e671acb8f\"},\"image\":{\"@id\":\"https:\/\/prestigeenterpriserealty.com\/index.php\/2021\/05\/04\/the-power-of-cash-in-a-highly-competitive-housing-market\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/prestigeenterpriserealty.comwp-content\/uploads\/2021\/05\/unnamed-file.jpg\",\"articleSection\":[\"Real Estate Market\"],\"inLanguage\":\"de-DE\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/prestigeenterpriserealty.com\/index.php\/2021\/05\/04\/the-power-of-cash-in-a-highly-competitive-housing-market\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/prestigeenterpriserealty.com\/index.php\/2021\/05\/04\/the-power-of-cash-in-a-highly-competitive-housing-market\/\",\"url\":\"https:\/\/prestigeenterpriserealty.com\/index.php\/2021\/05\/04\/the-power-of-cash-in-a-highly-competitive-housing-market\/\",\"name\":\"The Power of Cash in a Highly Competitive Housing Market - Prestige Enterprise Realty\",\"isPartOf\":{\"@id\":\"https:\/\/prestigeenterpriserealty.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/prestigeenterpriserealty.com\/index.php\/2021\/05\/04\/the-power-of-cash-in-a-highly-competitive-housing-market\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/prestigeenterpriserealty.com\/index.php\/2021\/05\/04\/the-power-of-cash-in-a-highly-competitive-housing-market\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/prestigeenterpriserealty.comwp-content\/uploads\/2021\/05\/unnamed-file.jpg\",\"datePublished\":\"2021-05-04T23:02:41+00:00\",\"dateModified\":\"2021-05-04T23:40:04+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/prestigeenterpriserealty.com\/index.php\/2021\/05\/04\/the-power-of-cash-in-a-highly-competitive-housing-market\/#breadcrumb\"},\"inLanguage\":\"de-DE\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/prestigeenterpriserealty.com\/index.php\/2021\/05\/04\/the-power-of-cash-in-a-highly-competitive-housing-market\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"de-DE\",\"@id\":\"https:\/\/prestigeenterpriserealty.com\/index.php\/2021\/05\/04\/the-power-of-cash-in-a-highly-competitive-housing-market\/#primaryimage\",\"url\":\"https:\/\/prestigeenterpriserealty.comwp-content\/uploads\/2021\/05\/unnamed-file.jpg\",\"contentUrl\":\"https:\/\/prestigeenterpriserealty.comwp-content\/uploads\/2021\/05\/unnamed-file.jpg\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/prestigeenterpriserealty.com\/index.php\/2021\/05\/04\/the-power-of-cash-in-a-highly-competitive-housing-market\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/prestigeenterpriserealty.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"The Power of Cash in a Highly Competitive Housing Market\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/prestigeenterpriserealty.com\/#website\",\"url\":\"https:\/\/prestigeenterpriserealty.com\/\",\"name\":\"Prestige Enterprise Realty\",\"description\":\"Full Service Real Estate Brokerage\",\"publisher\":{\"@id\":\"https:\/\/prestigeenterpriserealty.com\/#\/schema\/person\/3f925c487817aed1625a5d5e671acb8f\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/prestigeenterpriserealty.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"de-DE\"},{\"@type\":[\"Person\",\"Organization\"],\"@id\":\"https:\/\/prestigeenterpriserealty.com\/#\/schema\/person\/3f925c487817aed1625a5d5e671acb8f\",\"name\":\"Sherman Fowler\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"de-DE\",\"@id\":\"https:\/\/prestigeenterpriserealty.comwp-content\/uploads\/2021\/12\/Certified-Probate-and-Trust-Bcard.jpg\",\"url\":\"https:\/\/prestigeenterpriserealty.comwp-content\/uploads\/2021\/12\/Certified-Probate-and-Trust-Bcard.jpg\",\"contentUrl\":\"https:\/\/prestigeenterpriserealty.comwp-content\/uploads\/2021\/12\/Certified-Probate-and-Trust-Bcard.jpg\",\"width\":1600,\"height\":800,\"caption\":\"Sherman Fowler\"},\"logo\":{\"@id\":\"https:\/\/prestigeenterpriserealty.comwp-content\/uploads\/2021\/12\/Certified-Probate-and-Trust-Bcard.jpg\"},\"description\":\"Real Estate Broker | Realtor\u00ae Sherman Fowler is more than just a licensed California Real Estate Broker he is also a Certified Probate and Trust Specialist in the selling of probate real estate. He has successfully worked as an Independent Broker and managed a successful real estate business since 2007. Sherman is the sole decision maker and he is very loyal to his clients. Providing professionalism, honesty, and transparency to every client.\u00a0 As an Independent Broker his loyalty is to his clients.\",\"sameAs\":[\"http:\/\/www.prestigeenterpriserealty.com\"],\"url\":\"https:\/\/prestigeenterpriserealty.com\/de\/index.php\/author\/sherman\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"The Power of Cash in a Highly Competitive Housing Market - Prestige Enterprise Realty","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/prestigeenterpriserealty.com\/index.php\/2021\/05\/04\/the-power-of-cash-in-a-highly-competitive-housing-market\/","og_locale":"de_DE","og_type":"article","og_title":"The Power of Cash in a Highly Competitive Housing Market - Prestige Enterprise Realty","og_url":"https:\/\/prestigeenterpriserealty.com\/index.php\/2021\/05\/04\/the-power-of-cash-in-a-highly-competitive-housing-market\/","og_site_name":"Prestige Enterprise Realty","article_published_time":"2021-05-04T23:02:41+00:00","article_modified_time":"2021-05-04T23:40:04+00:00","og_image":[{"url":"https:\/\/prestigeenterpriserealty.com\/wp-content\/uploads\/2021\/05\/unnamed-file.jpg","type":"","width":"","height":""}],"author":"Sherman Fowler","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Sherman Fowler","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/prestigeenterpriserealty.com\/index.php\/2021\/05\/04\/the-power-of-cash-in-a-highly-competitive-housing-market\/#article","isPartOf":{"@id":"https:\/\/prestigeenterpriserealty.com\/index.php\/2021\/05\/04\/the-power-of-cash-in-a-highly-competitive-housing-market\/"},"author":{"name":"Sherman Fowler","@id":"https:\/\/prestigeenterpriserealty.com\/#\/schema\/person\/3f925c487817aed1625a5d5e671acb8f"},"headline":"The Power of Cash in a Highly Competitive Housing Market","datePublished":"2021-05-04T23:02:41+00:00","dateModified":"2021-05-04T23:40:04+00:00","mainEntityOfPage":{"@id":"https:\/\/prestigeenterpriserealty.com\/index.php\/2021\/05\/04\/the-power-of-cash-in-a-highly-competitive-housing-market\/"},"wordCount":179,"commentCount":0,"publisher":{"@id":"https:\/\/prestigeenterpriserealty.com\/#\/schema\/person\/3f925c487817aed1625a5d5e671acb8f"},"image":{"@id":"https:\/\/prestigeenterpriserealty.com\/index.php\/2021\/05\/04\/the-power-of-cash-in-a-highly-competitive-housing-market\/#primaryimage"},"thumbnailUrl":"https:\/\/prestigeenterpriserealty.comwp-content\/uploads\/2021\/05\/unnamed-file.jpg","articleSection":["Real Estate Market"],"inLanguage":"de-DE","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/prestigeenterpriserealty.com\/index.php\/2021\/05\/04\/the-power-of-cash-in-a-highly-competitive-housing-market\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/prestigeenterpriserealty.com\/index.php\/2021\/05\/04\/the-power-of-cash-in-a-highly-competitive-housing-market\/","url":"https:\/\/prestigeenterpriserealty.com\/index.php\/2021\/05\/04\/the-power-of-cash-in-a-highly-competitive-housing-market\/","name":"The Power of Cash in a Highly Competitive Housing Market - Prestige Enterprise Realty","isPartOf":{"@id":"https:\/\/prestigeenterpriserealty.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/prestigeenterpriserealty.com\/index.php\/2021\/05\/04\/the-power-of-cash-in-a-highly-competitive-housing-market\/#primaryimage"},"image":{"@id":"https:\/\/prestigeenterpriserealty.com\/index.php\/2021\/05\/04\/the-power-of-cash-in-a-highly-competitive-housing-market\/#primaryimage"},"thumbnailUrl":"https:\/\/prestigeenterpriserealty.comwp-content\/uploads\/2021\/05\/unnamed-file.jpg","datePublished":"2021-05-04T23:02:41+00:00","dateModified":"2021-05-04T23:40:04+00:00","breadcrumb":{"@id":"https:\/\/prestigeenterpriserealty.com\/index.php\/2021\/05\/04\/the-power-of-cash-in-a-highly-competitive-housing-market\/#breadcrumb"},"inLanguage":"de-DE","potentialAction":[{"@type":"ReadAction","target":["https:\/\/prestigeenterpriserealty.com\/index.php\/2021\/05\/04\/the-power-of-cash-in-a-highly-competitive-housing-market\/"]}]},{"@type":"ImageObject","inLanguage":"de-DE","@id":"https:\/\/prestigeenterpriserealty.com\/index.php\/2021\/05\/04\/the-power-of-cash-in-a-highly-competitive-housing-market\/#primaryimage","url":"https:\/\/prestigeenterpriserealty.comwp-content\/uploads\/2021\/05\/unnamed-file.jpg","contentUrl":"https:\/\/prestigeenterpriserealty.comwp-content\/uploads\/2021\/05\/unnamed-file.jpg"},{"@type":"BreadcrumbList","@id":"https:\/\/prestigeenterpriserealty.com\/index.php\/2021\/05\/04\/the-power-of-cash-in-a-highly-competitive-housing-market\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/prestigeenterpriserealty.com\/"},{"@type":"ListItem","position":2,"name":"The Power of Cash in a Highly Competitive Housing Market"}]},{"@type":"WebSite","@id":"https:\/\/prestigeenterpriserealty.com\/#website","url":"https:\/\/prestigeenterpriserealty.com\/","name":"Prestige Enterprise Realty","description":"Full Service Real Estate Brokerage","publisher":{"@id":"https:\/\/prestigeenterpriserealty.com\/#\/schema\/person\/3f925c487817aed1625a5d5e671acb8f"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/prestigeenterpriserealty.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"de-DE"},{"@type":["Person","Organization"],"@id":"https:\/\/prestigeenterpriserealty.com\/#\/schema\/person\/3f925c487817aed1625a5d5e671acb8f","name":"Sherman Fowler","image":{"@type":"ImageObject","inLanguage":"de-DE","@id":"https:\/\/prestigeenterpriserealty.comwp-content\/uploads\/2021\/12\/Certified-Probate-and-Trust-Bcard.jpg","url":"https:\/\/prestigeenterpriserealty.comwp-content\/uploads\/2021\/12\/Certified-Probate-and-Trust-Bcard.jpg","contentUrl":"https:\/\/prestigeenterpriserealty.comwp-content\/uploads\/2021\/12\/Certified-Probate-and-Trust-Bcard.jpg","width":1600,"height":800,"caption":"Sherman Fowler"},"logo":{"@id":"https:\/\/prestigeenterpriserealty.comwp-content\/uploads\/2021\/12\/Certified-Probate-and-Trust-Bcard.jpg"},"description":"Real Estate Broker | Realtor\u00ae Sherman Fowler is more than just a licensed California Real Estate Broker he is also a Certified Probate and Trust Specialist in the selling of probate real estate. He has successfully worked as an Independent Broker and managed a successful real estate business since 2007. Sherman is the sole decision maker and he is very loyal to his clients. Providing professionalism, honesty, and transparency to every client.\u00a0 As an Independent Broker his loyalty is to his clients.","sameAs":["http:\/\/www.prestigeenterpriserealty.com"],"url":"https:\/\/prestigeenterpriserealty.com\/de\/index.php\/author\/sherman\/"}]}},"_links":{"self":[{"href":"https:\/\/prestigeenterpriserealty.com\/de\/index.php\/wp-json\/wp\/v2\/posts\/5961","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/prestigeenterpriserealty.com\/de\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/prestigeenterpriserealty.com\/de\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/prestigeenterpriserealty.com\/de\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/prestigeenterpriserealty.com\/de\/index.php\/wp-json\/wp\/v2\/comments?post=5961"}],"version-history":[{"count":32,"href":"https:\/\/prestigeenterpriserealty.com\/de\/index.php\/wp-json\/wp\/v2\/posts\/5961\/revisions"}],"predecessor-version":[{"id":5992,"href":"https:\/\/prestigeenterpriserealty.com\/de\/index.php\/wp-json\/wp\/v2\/posts\/5961\/revisions\/5992"}],"wp:attachment":[{"href":"https:\/\/prestigeenterpriserealty.com\/de\/index.php\/wp-json\/wp\/v2\/media?parent=5961"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prestigeenterpriserealty.com\/de\/index.php\/wp-json\/wp\/v2\/categories?post=5961"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prestigeenterpriserealty.com\/de\/index.php\/wp-json\/wp\/v2\/tags?post=5961"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}