- 45% of all residential sales in August were cash purchases, up from 39% in July and 30% year-to-year.
- Amongst Americas major metropliton marketplaces the highest % of cash closings were in Miami (69%), Detroit (68%), Las Vegas (66%), Jacksonville (65%) and Tampa (64%).
- Short sales accounted for 15% of all US residential sales in August, up from 14% in July. Leading way in short sales Nevada (34%), Ohio (17%), Arizona (17%) and Maryland (21%).
- Bank-owned homes made up 10% of all US residential sales in August, up from 9% in July. Leading the way were Nevada, Ohio, Arizona and Michigan.