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Re:In January, there were more real-estate agents than homes... by dcolkitt on Monday March 22, 2021 @03:35PM (#26545672)
Nearly half of home sales are to cash buyers, who at least theoretically aren’t sensitive to mortgage rates.

https://www.appraisalinstitute.org/Nearly50PercentofHomeSale...

Re:In January, there were more real-estate agents than homes... by hirundo on Monday March 22, 2021 @03:41PM (#26545751)
The half that are sensitive to mortgage rates bid up prices for both halves when rates are low.
Re:In January, there were more real-estate agents than homes... by asdff on Monday March 22, 2021 @04:48PM (#26546783)
I feel like its the cash buyer who is dictating these sale prices, no?
Re:In January, there were more real-estate agents than homes... by refurb on Monday March 22, 2021 @09:59PM (#26550106)
Cash buyer often means just waiving financing contingencies, not having actual cash.