All-Cash Buys Hit Highest Level Since 2014
Roughly one-third of U.S. home purchases were paid for with all cash in October
Roughly one-third of U.S. home purchases were paid for with all cash in October
According to NAR, the West index slipped by 11.3 percent month-over-month—the largest decline across the U.S.
The median sales price of new houses sold nationally in October 2022 was $493,000
The inventory of unsold existing homes slipped for the third consecutive month to 1.22 million, or the equivalent of 3.3 ...
The neighboring Central Valley also saw existing-home sales fall some 36 percent compared to October 2021
October’s statewide median home price was $801,190 down 2.5 percent from September
Compared to September 2022, applications decreased by 13 percent
The latest data marks the largest drop in at least eight years
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