CASH HOME BUYING FALLS TO LOWEST MARCH LEVEL SINCE 2020 Redfin reports 28.8% of U.S. homebuyers paid cash in March, down to its lowest leve…
CASH HOME BUYING FALLS TO LOWEST MARCH LEVEL SINCE 2020
Redfin reports 28.8% of U.S. homebuyers paid cash in March, down to its lowest level for that month since 2020.
The drop reflects easing mortgage rates, a buyer-favored housing market, and economic uncertainty pushing buyers to preserve liquidity.
Cash deals remain most common in cheaper or retirement-heavy markets like Cleveland and West Palm Beach, and least common in expensive West Coast cities such as Seattle and Los Angeles.
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