Luxury home prices have reached new heights: Redfin

With a recent boost to inventory and steady demand for high-end properties, luxury homeowners are ready to cash out on existing homes and use their cash power to buy a new home, fueling price growth. Continue reading

Cash still king as nearly a third of homebuyers spurn costly mortgages 

All-cash home purchases in the U.S. hit 31.4 percent of all transactions in July 2022, just short of an eight-year high reached in February 2022, according to new data released Friday by Redfin. Continue reading

International buyers are back — and they’re eyeing secondary markets

Just as US homebuyers did two years earlier, luxury international buyers are rushing to secondary cities with investment potential, including Austin, Boise and… Bentonville, Arkansas? Continue reading

Percentage of all-cash home purchases in US soars to 30%

That figure represents the largest share of homes purchased in all-cash since 2014, according to a Redfin report. Continue reading

Ribbon now backs home sales with cash at no cost to buyers

Ribbon, which describes itself as a credit card-like tool for making cash offers on houses, announced it will offer its services free to homebuyers. Continue reading