Who paid cash?

  • Updated: February 11, 2012 - 2:43 PM

During December a record number of home buyers paid cash; those who pay cash often get a better deal than those who need a mortgage:

74% of all investors paid cash.

33.2% of all home sales were cash deals.

11% of all first-time buyers paid cash.

Source: Campbell Surveys/Inside Mortgage Finance

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