Status and future of cash sales

Agent Handing Over Keys as Buyer is Handing Over Cash for House with Home and For Sale Real Estate Sign Behind.
Agent Handing Over Keys as Buyer is Handing Over Cash for House with Home and For Sale Real Estate Sign Behind.

By Ben Lane | HousingWire

Cash sales rose slightly in the month of August, but they are still on track to return to pre-crisis levels sometime in 2017, according to a new report from CoreLogic.

CoreLogic’s latest cash sales report showed that cash sales accounted for 31.7% of total home sales in August, down from 34.9% in the same month last year.

Cash sales increased by a slight margin in August, rising from 0.8 percentage points from July’s total, which was a 9-year low.

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