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Feds Roll Out Money Laundering Rules for All-Cash Home Sales

Feds Roll Out Money Laundering Rules for All-Cash Home Sales

by The Associated Press | Feb 8, 2024 | CR Daily, Industry News, Residential Real Estate, Westchester News

All-cash purchases of residential real estate are considered at high risk for money laundering. The rule would not require the reporting of sales to individuals.

Raveis Launches Cash Offer Product for Homebuyers

Raveis Launches Cash Offer Product for Homebuyers

by James Sanna | Oct 15, 2021 | Banking & Lending, CR Daily, Industry News, Residential Real Estate

William Raveis Inc. has launched a new service it says will help buyers compete with all-cash offers in an incredibly tight real estate market.

Cash Sales Down Year-Over-Year In December

Cash Sales Down Year-Over-Year In December

by The Commercial Record | Mar 23, 2017 | CR Daily, Executive Briefing, Industry News, Residential Real Estate

Cash sales accounted for 33.1 percent of total nationwide home sales in December 2016, down 1.3 percent year over year from December 2015, according to a recent report from CoreLogic.

Cash Sales Share Fell Again In March

Cash Sales Share Fell Again In March

by The Commercial Record | Jun 24, 2016 | CR Daily, Executive Briefing, Industry News, Residential Real Estate

Cash sales accounted for 33 percent of U.S. home sales in March 2016, down 2.4 percent from March 2015. Cash sales share fell 2.8 percent in March 2016 compared with February 2016.

Cash Sales Share Fell Again In March

Cash Sales Accounted For 35 Percent of All Home Sales In January

by The Commercial Record | Apr 22, 2016 | Executive Briefing, Industry News, Residential Real Estate

Cash sales accounted for 35.5 percent of total home sales in January 2016, down 4.2 percentage points year over year from 39.7 percent in January 2015, according to new data released from CoreLogic, a property information and analytics firm. Cash sales share increased...

2015 Cash Sales Hit Lowest Level in Seven Years

by The Commercial Record | Mar 24, 2016 | Executive Briefing, Industry News, Residential Real Estate

Cash sales accounted for 33.4 percent of total home sales in December 2015 and 33.9 percent of total home sales for the full year 2015, the lowest since 2008, according to CoreLogic, a property information and analytics company. The December cash sales share was down...
Cash Sales Made Up 32 Percent of All Home Sales In September 2015

Cash Sales Made Up 32 Percent of All Home Sales In September 2015

by The Commercial Record | Dec 21, 2015 | Executive Briefing, Industry News, Residential Real Estate

Cash sales accounted for 32.5 percent of total home sales in September 2015, down 3.4 percentage points year over year, according to a report released by CoreLogic, a property analytics firm. The share of cash sales increased by 0.2 percent in September 2015 compared...

Nationwide Cash Sales On Track To Reach Pre-Crisis Level By Mid-2017

by The Commercial Record | Nov 19, 2015 | Executive Briefing, Industry News, Residential Real Estate

Cash sales accounted for 31.7 percent of total home sales in August 2015, down from 34.9 percent in August 2014, according to a new report from CoreLogic, a real estate analytics firm. On a month-over-month basis, nationwide cash sales share increased by 0.8 percent...

Corelogic: U.S. Cash Sales Lowest In Nine Years

by The Commercial Record | Oct 23, 2015 | Executive Briefing, Industry News, Residential Real Estate

Cash sales made up 30.8 percent of total home sales nationwide in July 2015, according to Corelogic. This is down from 34.2 percent in July 2014. The year-over-year share has fallen each month since January 2013, and is at the lowest level in nine years. The cash...

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