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Nearly half of home sales are to cash buyers, who at least theoretically aren’t sensitive to mortgage rates. https://www.appraisalinstitute.org/Nearly50Percent

Nearly half of home sales are to cash buyers, who at least theoretically aren’t sensitive to mortgage rates. https://www.appraisalinstitute.org/Nearly50PercentofHomeSalesareAllcashDeals/ https://www.appraisalinstitute.org/Nearly50PercentofHomeSale...

hirundo 6y ago
The half that are sensitive to mortgage rates bid up prices for both halves when rates are low.
- asdff 6y ago
  I feel like its the cash buyer who is dictating these sale prices, no?
refurb 6y ago
Cash buyer often means just waiving financing contingencies, not having actual cash.