Reported 1 day ago
A recent report reveals that all-cash buyers accounted for nearly 33% of home sales in the first half of 2025, continuing a trend from the pandemic that has made the housing market increasingly challenging for mortgage-reliant buyers. High mortgage rates and limited inventory favor cash buyers, who are often winning bidding wars, especially for homes priced above $2 million and those below $100,000. This pattern highlights the growing concentration of wealth in the real estate market, where high-wealth individuals and investors can quickly secure properties, further complicating affordability for first-time buyers.
Source: YAHOO