Roughly three in 10 homebuyers (28.8%) in March eschewed mortgage financing to pay for residential properties with all-cash transactions. According to a data report from Redfin, that share was down from 29.8% one year before and tied with 2021 for the lowest March...
Less than three in 10 homebuyers (29%) bought a home in an all-cash transaction in December, according to a data report from Redfin. This is down from 30.3% a year earlier and the lowest December share since 2020. The peak for all-cash homebuying was nearly 35% in...
More than 60% of the 17,924 homes sold across New York City during the first half of the year were acquired by all-cash buyers. The Gothamist reports that among the city’s five boroughs, Queens had the highest total number of all-cash sales with 4,132 out of...