Cash sales increasing

According to realtor.com, all-cash real estate deals are increasing, and now constitute approximately 36 percent of transactions in certain U.S. markets, particularly the Northeast, the West, and Florida.

The highest percentage of these deals are for homes priced $100,000 or less followed by those from $100,000 to $200,000. This means that first-time homebuyers are being affected the most as these are the most affordable homes on the market.

Analysts agree that investors are most likely to use cash.

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