As interest rates rise, more home sales are cash deals | Inman News
See on Scoop.it – Midtown Atlanta Conversations and Condos
The proportion of all-cash home sales has doubled since May, making up 42 percent of all deals done in November, RealtyTrac reports — the largest proportion of cash sales since the data aggregator began tracking the stat nearly three years ago.
Thom Abbott‘s insight:
Interesting observation. Keep in mind this are really broad numbers, but we’ve seen some cash buyers for sure!
See on www.inman.com
