BUSINESSNY POST
Sudden surge of multimillionaires sees all cash buyers flood superrich California city
A sudden surge of multimillionaires has led to an increase in all-cash home buyers in a California city, with 30% of home sales in the San Francisco Bay Area between April and June purchased entirely with cash.
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Adjacent reporting
- California’s housing prices reach staggering new high as city drives sales through the roof
- Major California city sees largest yearly jump in home prices of anywhere in the US
- SoCal luxury housing market suddenly booms as thousands of millionaires are crowned overnight
- Home prices surged over 10% in these 6 California counties