Written by
Cash sales accounted for 22.9 percent in June — lower than the 29.3 percent national rate for the month.
Nationally, June marked the first time the cash sales share has been below 30 percent since late 2007. The peak was January 2011, when 46.6 percent of home sales were in cash.
If the cash sales share continues to fall at the same rate it did in June, the share should hit 25 percent by mid-2018.
Related Posts
-
Fresno pauses Granite Park legal fight as lender steps in Posted: June 24, 2025 at 3:14 pmFresno City Manager Georgeanne White announced Tuesday that the city
Read more » -
Fresno flippers see sharp drop in Q1 profits, ranking second-worst in US Posted: June 19, 2025 at 11:45 amIf you are a Fresno flipper, you may have noticed
Read more » -
Housing, hope on offer for at-risk youth at Fresno’s Sierra Crossing Posted: June 16, 2025 at 3:08 pmYoung adults struggling with housing insecurity in Fresno will soon
Read more » -
Fresno 48-unit apartment complex sells for $5.71M Posted: June 12, 2025 at 1:32 pmNorthmarq’s Fresno multifamily investment sales team and father-son duo of
Read more »
Central Valley Biz Blogs
-
BLOG – Summer real estate outlook: Market shifts toward buyers as inventory rises
Posted: June 20, 2025 at 2:00 pm
We are at the official start of summer and the
Read more » -
BLOG: How to avoid panic and stay proactive with financial uncertainty
Posted: June 6, 2025 at 11:10 am
Death and taxes are the only things that feel certain,
Read more »
