43% of 2014 Homebuyers Paid Cash

MarketWatch – 43% of 2014 Homebuyers Paid Cash│May 11, 2014

Americans are still buying homes in all-cash deals, despite more investors leaving the market, according to a new report.

All-cash purchases accounted for almost 43% of all sales of residential property in the first quarter of 2014, up from almost 38% in the previous quarter and 19% in the first quarter of 2013, according to data released Thursday from real-estate data firm RealtyTrac.

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