All Cash! Oregon Leads National Trend
According to a recent real estate article (read more here) from Housingwire.com cash sales nationwide are on pace to reach a new 8 year low, coming in at approximately 35% which is down from approximately 38% just one year ago.
Oregon was ahead of the national trend, coming in with 31% o
f all homes sales being all cash transactions.
For perspective, cash sales reached a peak in 2011 at 47% of total home sales & according to CoreLogic, 25% of home sales pre housing crisis were all cash.