Cash Rules, New Study Finds — RISMedia

Econ & Housing

Since October 2022, the share of buyers purchasing their home without a mortgage has consistently been more than one-quarter of the market. The share is collected monthly in the REALTORS® Confidence Index and includes buyers who purchased primary homes, investors and vacation buyers. These all-cash homebuyers are happily avoiding the higher mortgage interest rates, which…

Thanks for reading The LBM Daily.
Join LBM Daily Premium or log in to continue reading.
Login Join Now

Articles You May Like

Limited Time 15% Promo!
Evergrande chairman under investigation over suspected ‘illegal crimes’
Stock futures are little changed on Monday evening: Live updates
Data Trends Show Industrial Capital Spending Increasing in 2023
As rising mortgage rates push buyers to the brink, sellers are starting to cut prices
U.S. stocks may see volatility Friday as billions in quarterly options set to expire