Cash sales nearing pre-recession numbers, CoreLogic says

  • 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.

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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.