WASHINGTON (May 8, 2014) – Analysis of data collected for the Realtors® Confidence Index shows the market share of all-cash purchases is on the rise, despite declines in distressed sales and investor activity, according to the National Association of Realtors®.
Lawrence Yun, NAR chief economist, said the findings are counterintuitive. “Distressed home sales, most popular with investors who pay cash, have declined notably in the past two years, yet the share of… Read More