Friday, November 17, 2023

Cha-ching: Many Homebuyers Now Pay All Cash in These Markets

A home in a suburb of Cleveland
Denise Kappa / Shutterstock.com

About 1 in 3 U.S. homebuyers are paying all cash for their homes, the highest share since 2014. Nationwide, 34.1% of U.S. home purchases in September were made with all cash, according to real-estate brokerage Redfin. That figure is up from 29.5% one year prior. Following are the cities where all-cash deals were most prevalent in September, according to Redfin’s analysis of 40 of the most populous...



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