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Cash Purchases for Homebuying Decline Amid Stabilizing Market

Cash Purchases for Homebuying Decline Amid Stabilizing Market

by Phil Hall | Aug 18, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Cash purchases accounted for 31.4% of home sales during the first four months of 2026, down from 32.3% in the same period last year, according to data from Realtor.com. While total home sales fell 8.5% year-over-year, the number of cash sales dropped by 11.2% as the...
Slightly Under One-Third of 2024 Home Purchases Were All-Cash Sales

Slightly Under One-Third of 2024 Home Purchases Were All-Cash Sales

by Phil Hall | Feb 18, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Slightly under one-third (32.6%) of home purchases in 2024 were all-cash transactions, according to new data from Redfin (NASDAQ: RDFN). This is down from 35.1% in 2023 and the lowest share since 2021. Prior to the pandemic, the share of all-cash sales ranged from 25%...
One-Third of Homebuyers Now Paying in All-Cash Deals

One-Third of Homebuyers Now Paying in All-Cash Deals

by Phil Hall | Jun 7, 2023 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Now, here is some news that will not sit well with our mortgage banking friends: new data from Redfin (NASDAQ:RDFN) has determined one-third (33.4%) of U.S. home purchases in April were all-cash transactions, up 30.7% one year earlier and the highest share in nine...

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