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Published July 23. 2021 12:01AM  Nearly one-third (30%) of U.S. home purchases this year were paid for with all cash, according to an analysis from Redfin (www.redfin.com), the technology-powered real estate brokerage. That s up from 25.3% during all of 2020 and represents the largest share since 2014, when 30.6% of homes were purchased with all cash. Redfin analyzed county records published from January 2021 to April 2021. Cash purchases are on the rise as Americans reap the benefits of a strong stock market. The S&P 500 Index has gained 36% in the past 12 months alone, as of July 14, 2021. I ve never seen more cash in Boise s housing market than I ve seen in the past year, said Shauna Pendleton, a Redfin real estate agent in Idaho. I just sold a $700,000 home to a cash buyer last week. The entire $700,000 came from his E Trade account.

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