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Cash is King

This sentiment certainly rings true in Montecito. Nearly 50% of the sales (11 out of 23) were all cash in November! In the chart below you will see the cash sales highlighted in blue.


NOVEMBER SALES

However, this is not a completely unique moment for Montecito. It seems the whole fourth quarter of 2021 has been all about the cash. In both October and September 50% of the closed sales were closed with all cash.


OCTOBER SALES


SEPTEMBER SALES


Want to know more? Don't hesitate to reach out.

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