The share of buyers paying cash for homes has been on the rise since interest rates began climbing in 2022 and reached a peak of 41.1% in the first quarter of 2024, according to ATTOM, a property data ...
As mortgage interest rates stay stubbornly above 6%, all-cash offers remain highly attractive, particularly at the two extremes of the market: the most affordable and the luxury segments. Nationally, ...
Reina Marszalek is a senior mortgage editor at Fox Money who has spent more than 10 years writing and editing content. Fox Money is a personal finance hub featuring content generated by Credible ...
The percentage of homebuyers who purchased with cash dropped last year, but is still well above pre-pandemic norms. Just under one-third (32.6%) of homes sold in the U.S. last year were bought in cash ...
A closer look at who these buyers are, why they're paying cash, and what their presence means for local real estate ...