All-Cash Home Sales Continue to Decline
CoreLogic reported on Monday that the number of all-cash home sales has now fallen for 24 straight months.
With the numbers from December 2014 going public this week, CoreLogic was able to confirm that 35.5 percent of total home sales during that period were all cash. That number is down from 38.5 percent in December 2013 and 0.5 percent lower than the month before (Nov. 2014).
Two states in particular, however, had higher-than average cash sales. Alabama clocked in with 52.2 percent all cash sales, while Florida wasn’t far behind with 50.3 percent.
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