While the number appears to be high, Keeping Current Matters reviewed data published by CoreLogic and presented the data to members and as you can see, cash home sales in the Greater Cincinnati area are following national norms.
Nationally cash sales account for 37.4% of the real estate sales. In Ohio 41% -so while Cincinnati has its fair share of cash buyers -we’re by no means ahead of the pack. This is both good and bad. Investors are usually cash buyers going after distressed properties- so we must have fewer of the those to sell. The bad news is that every seller dreams of a finding a cash buyer- and our area has fewer available.