The Washington Post

@washingtonpost ↗

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Last Checked March 18, 2023

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Thu Feb 09 21:53:02 +0000 2023

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The Washington Post @washingtonpost

The trend isn’t happening equally across the country. In Washington, D.C., and its immediate surroundings, almost a fifth of homes purchased in 2022 were bought with cash. Forty miles north in Frederick, Md., that rate nearly doubles. https://t.co/PoWRoMrhUV https://t.co/n8zf3utJ2B — PolitiTweet.org

Posted Feb. 9, 2023 Hibernated

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The Washington Post @washingtonpost

The rise of all-cash buys comes at a time when the average home buyer is increasingly likely to be White, wealthy and older and the proportion of first-time buyers is at its lowest in more than 40 years. https://t.co/PoWRoMrhUV https://t.co/oJ4vXIa6Of — PolitiTweet.org

Posted Feb. 9, 2023 Hibernated

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The Washington Post @washingtonpost

Early in the pandemic, home buyers seeking more space desperately outbid one another in the frenzied housing market. Now all-cash offers continue, even as the housing market has cooled, as a way to sidestep rising interest rates. https://t.co/PoWRoMrhUV https://t.co/FRzfZquOco — PolitiTweet.org

Posted Feb. 9, 2023 Hibernated