Based on information from the July REALTORS® Confidence Indexpdf survey (PDF), cash sales were 29 percent of Residential Sales in July. Investors and International buyers are most likely to pay cash, while First-Time Buyers are most dependent on mortgages.
Other Market Characteristics
- First Time Buyers: 29 Percent of Residential Buyers.
- Residential Sales to Investors: 16 Percent of Residential Market.
- Second Home Buyers : 11 Percent of Residential Market.
- Relocation Buyers : 17 Percent of Residential Market.
- International Transactions: About 2.2 Percent of Residential Market.