According to CoreLogic the percent of homes purchased with all cash is falling. That might be as simple as US investors have been on a spending spree with all the foreclosures. But also it brings into question if the amount of foreign cash coming into the market is actually increasing.
There’s also a chart at the end of this article that shows California all cash purchases at 23% which is one of the lowest percentages in the country. (Looks like Washington DC is the only place lower)
All this hype about cash buyers makes me wonder if cash from foreign buyers hasn’t peaked.
