Tag Archives: Cash Sales

Home prices are up in 71% of the nation, according to ATTOM's 2023 U.S. Home Sales Report. With the U.S. median home price hitting another record in Q3, profit margins on typical home sales increased to nearly 60% nationwide.

New data shows there is continued momentum in the investment marketplace as 2023 progresses, with growth found particularly in the Midwest and the West regions of the country.

Mark Fleming, Chief Economist at First American, recently weighed in on the National Housing Market Index released by AEI and First American. According to the NHMI, the most improved ones were Portland, Oregon; Charlotte, North Carolina; Baltimore; Atlanta; and Tampa, Florida. Home sales have increased in these regions by more than 25 percent since 2012.

The distressed sales share for December 2016 and the full year distressed sales share were both the lowest distressed sales share for any month since 2007. Before the housing crisis, distressed sales averaged around 2 percent, and the share is expected to reach that point again by mid-2018.

According to a recently released CoreLogic report, distressed and cash sales may reach their pre-crisis levels by the end of 2017.

According to a recently released CoreLogic report, distressed and cash sales may reach their pre-crisis levels by the end of 2017.

Distressed home sales fell in all but eight states across the country, according to a CoreLogic report.

How close are cash sales and distressed sales to reaching their pre-crisis levels, and what areas experienced the highest levels of these home sales?

With fewer REO properties available for investors, declines in REO sales trigger a further decline in cash transactions. Not all states are experiencing the same level of decline though.

June’s cash sales share leaves those in the industry with a sense of déjà vu as the rate falls to level in June not seen since 2007.