Monday, 26 September 2022 | The Latest Buzz for the Appraisal Industry

Share of All-Cash Purchases Remain Elevated, Loans Inch Upward

According to a new report from Redfin, nearly one-third —or 31.4%— of U.S. home purchases were paid for with all cash in July. That’s near the eight-year high reached in February and up from 27.5% a year earlier. The share of all-cash purchases jumped in early 2021 during the pandemic-driven homebuying frenzy and has remained elevated since …

The post Share of All-Cash Purchases Remain Elevated, Loans Inch Upward appeared first on theMReport.com.

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