How you can compete with cash offers in Utah’s housing market

Source: KUTV — 

If you have been beaten out by a cash offer for a house, Homie may have a solution for you to help you get the home of your dreams.

Nationwide, 23% of real estate transactions are cash sales (up from 17% last year). In Utah, the number of cash offers increased by 58% percent from the previous year in June.

Cash offers represented 17% of all Utah transactions in June, compared to 10% the year before.