Agent

RealtyTrac finds all cash home sales increasing in the District

Condo cash deals are the most common in the area
Published on Feb 18, 2016
  • One in four district homes sales is an all cash deal.
  • The most active cash condo buyers in the district are institutional and corporate groups.
  • There was a notable spike in DC cash deals during November.

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by CareyBot

The volume of all-cash home sales is on the rise in the District of Columbia, with competition and outside buyers driving the uptick. According to data from RealtyTrac, last year 24.3 percent of all district home sales were cash deals, the highest percentage achieved in more than ten years ...

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