During the month of April, about one of three home purchases was paid for in cash, according to CoreLogic. Although that seems like a steep percentage, it’s actually lower than the year before.
- Cash sales accounted for 31.6 percent of national home sales.
- The Miami metro's cash sales dropped to 49.6 percent, almost an 8 percent drop from the year before.
- Cash sales in the New York City area remained relatively unchanged from the year before.