Many only dream of plunking down a wad of hard, cold cash to buy a home, but a substantial number of homebuyers still do it. Just not in our nation’s capitol.
- The cash rate for home purchases in the DC area is the lowest in the country.
- Cash sales have been trending down since January 2013.
- Retirees take their cash to Florida to buy homes, with cash buys at or near 50 percent.