[CAF Note: Is hedge fund and institutional investor activity the reason for the improved housing prices? Note this story from the Sacramento area]
Here are the latest stats for cash purchases in Sacramento, Placer & Yolo County. When considering all price levels in 2012, there has been a huge increase in cash in Sacramento, but only a moderate uptick in Yolo County and no real increase in Placer County. Sales under the $200,000 level, however, have seen an increase in all counties (though Sacramento is much higher than Placer and Yolo).
