29% of U.S. homebuyers are paying in cash, down essentially unchanged from last year and down from a peak of nearly 35% two years ago due to declining mortgage rates. The typical down payment is climbing, partly because in today’s expensive market, many buyers are affluent. It now sits at a record $70,000, and in […] The post 29% of U.S. Home Purchases Are Made in Cash, Essentially Flat From a Year Ago appeared first on Redfin Real Estate News.
