Tag Archives: all cash buyers

The heyday of the cash homebuyer seems to be over (at least for now)

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As mortgage rates remain lower and buyers continue to have the upper hand in most markets across the U.S., many are opting out of paying for homes in cash. Continue reading →

Share of first-time homebuyers falls to lowest point ever

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Homebuyers and homesellers are also older, with the median age of first-time buyers rising to 40, according to a new report on homebuyers and sellers from the National Association of Realtors. Continue reading →

Why high-end buyers are still spending big on luxury real estate

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Wealthy consumers are looking for houses as they seek strategic investments and relative safety amid tumultuous times Continue reading →

Luxury home prices have reached new heights: Redfin

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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 

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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

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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%

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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

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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 →