All cash deals remain prevalent in Bay Area home buying, particularly in the high end. 46 percent of transactions above $3 million were all-cash while 41 percent of real estate transactions between $2 million and $3 million were all cash.
All told, all-cash purchases account for 25 percent of hime sales in the Bay Area.
Most all-cash buyers are purchasing for investment or tax advantages while those buying with mortgages are more likely to live in the home.
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