What percentage of home buyers are paying 100% cash?

Question

What percentage of home buyers are paying 100% cash?

Answer 1

9.7%

Answer 2

Very few buyers pay with all cash unless the house price is low.  In some areas houses cost 50k or less so it may be more common for someone to pay all cash.  Typically when people state they are paying all cash they mean that they are waiving a mortgage contingency.  They may do this because they have a line of credit or financing lined up.  Realistically it is very uncommon and mostly just a way real estate investors negotiate a price down by claiming they are making an "all cash" offer.  Find out about selling a house fast at http://www.sellhouseamerica.com.