
Logan Mohtashami, Benzinga Contributor
Podcast of Interview With Kathleen Hays and Josh Rosner
http://www.bloomberg.com/podcasts/hays-advantage/
Logan Mohtashami is a senior loan officer at AMC Lending Group, which has been providing mortgage services for California residents since 1988. Logan is also a financial contributor for Benzinga.com and contributor for Businessinsider.com
Logan, a great percentage of housing boom was caused by people trying to hide money from new Obama ‘s law, FATCA.
Historical cash levels are roughly 7-12%
We are trending above 30% for years now. The volumes are coming in less even though the % is higher. Foreign buyers are one factor in the total % of the cash buyer profile for sure. More for the existing home sale market