That’s up from a 30.7% share in April 2022. Higher interest rates and tough competition for the low supply of homes for sales are among factors supporting cash’s rule, according to Redfin.
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Navigating the Future of Mortgage Lending in an Unpredictable Market Discover how mortgage lenders are adapting to market volatility, embracing digital transformation, and preparing for future trends in the mortgage lending industry.
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Cash Is King for Home Offers Like No Time Since 2014: Redfin
A new study by Redfin has found that an estimated 33.4% of U.S. home purchases in April were conducted in cash, the biggest share since 2014. So reports DSNews.
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