• 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.

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.

Show Comments Hide Comments


Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Thank you for subscribing to Morning Headlines.
Back to top