Business
Cash Offers on Homes Highest in Nearly 10 Years as High Mortgage Rates Shake Market
![Cash Offers on Homes Highest in Nearly 10 Years as High Mortgage Rates Shake Market](https://theloadedgunn.com/wp-content/uploads/2023/11/Cash-Offers-on-Homes-Highest-in-Nearly-10-Years-as-780x470.jpg)
Redfin reported that cash purchases had not been this common since 2014, when wealthy buyers and corporate investors led the housing market’s recovery after the housing bubble burst in 2008.