In the past few years I’ve been involved in 7 real estate transactions in California, and haven’t seen a single “all cash offer from investors” on any of them.
I hear this rhetoric a lot, but it’s almost always from people who have never actually been involved in selling a home, or are shopping for a home way out of their price range and were going to get outbid anyway.
That's surprising given the data. Were these transactions recent? Investors focus on entry-level properties, so if you're buying above that tier you'd see less competition. But California overall has high investor activity:
“In 2025’s first half, 36% of purchases statewide were made by investors – up from 31% for all of 2024 and 16% at the recent low in 2020 as coronavirus was scrambling the economy.”
https://www.dailynews.com/2025/09/11/36-of-california-homebu...