More Homebuyers are Paying in Cash, Sweeping a Majority of Sales in Some Markets

National Mortgage News, Feb. 28, 2023–Augusta Saraiva (subscription)
The share of all-cash deals rose to the highest since 2013 last year, while institutional investors, who usually account for many cash sales, retreated, according to data from real estate data analytics firm Attom. That suggests more regular buyers turned to self funding to dodge punishing mortgage rates.
https://www.nationalmortgagenews.com/articles/more-homebuyers-are-paying-in-cash-sweeping-a-majority-of-sales-in-some-markets