During the month of April, about one of three home purchases was paid for in cash, as outlined by CoreLogic. Although that seems like a steep percentage, it’s actually lower than the prior year. During April 2015, 34.4% of homes sold were cash sales. This year, however, that number dropped down to ... » Learn More about Cash sales dwindling to pre-recession numbers
Cash Sales
All Cash Home Sales Down Significantly
A third of home sales in March were all cash transactions reported by CoreLogic. This would be a reduction in 2.8 percentages points, the company termed it a significant drop, from February. CoreLogic also stated that the typical cash share of sales over the first ninety days of 2016 was 34.7 %, the ... » Learn More about All Cash Home Sales Down Significantly