Real Estate and Events in Katy TX and Surrounding Communities

REALTOR® Magazine-Daily News-All-Cash Deals Offer Big Boost to Housing Market.

More buyers are paying cash for real estate. About 28 percent of sales were all-cash transactions last year, according to the National Association of REALTORS®. In October 2008, the rate was 14 percent for comparison.Cities With the Most Cash DealsThe following are the cities with the highest percentage of homes purchased through all-cash deals in December 2010: 

  • Miami: 54.2%
  • Las Vegas: 45.9%
  • Tampa, Fla.: 44.6%
  • Phoenix: 35.6%
  • Stockton, Calif.: 29.1%
  • Chicago: 23.4%
  • San Diego: 23.1%

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