You know the expression….cash is king. A new report from Redfin says cash is on the rise as Americans relocate to more affordable parts of the country. They point out that over 30% of home purchases so far in 2021 have been in cold, hard cash. In 2020 that figure was 25.3% and if the trend holds, 2021 could end up being the highest on record.
Click here to read the full report at Redfin.com.