According to HousingWire, cash sales have reached the lowest share since August 2008 when they tumbled 35.9 percent from July 2013, making up only 32.9 percent of total home sales in July 2014 based on CoreLogic’s latest report.
Cash sales have fallen each month since January 2013, and prior to the housing crisis, such purchases made up approximately 25 percent of all home sales. There was a peak in January 2011, when cash transactions hit 46.3 percent of total home sales.
Delaware-based Schell Brothers, our 2023 Builder of the Year, brings a refreshing approach to delivering homes and measuring success with an overriding mission of happiness
NAHB Chairman's Message: In a challenging business environment for home builders, and with higher housing costs for families, the National Association of Home Builders is working to help home builders better meet the nation's housing needs
Sure there are challenges, but overall, Pro Builder's annual Housing Forecast Survey finds home builders are optimistic about the coming year
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