All-cash purchases rose to their highest level since the first quarter of 2015, according to a new report released by ATTOM Data Solutions, a real estate data firm. All-cash purchases comprised 34% of all single-family house and condo sales in the third quarter. In some markets, all-cash transactions represented more than half of sales.
Cash sales represented the largest share of all transactions in the third quarter in Sacramento, CA. Bay Area, CA Columbus, Ga. Atlanta Macon, Ga. All-cash sales have risen the most in Atlanta and Detroit over the last year.