Tucson and Phoenix are among the top 5 U.S. markets for cash single-family house and condo sales according to ATTOM’s most recent 2021 U.S. Home Sales Analysis. ATTOM reported that nationwide all-cash purchases reached the highest level since the first quarter of 2015, accounting for 34% of all home sales in the third quarter of 2021. Among cities with a population greater than 1 million, those with the greatest annual increases in share of cash sales from a year ago include Tucson at number 3 and metro Phoenix at number 5.The report also noted that around the country profit margins on median-priced single-family home and condo sales across the U.S. in the third quarter reached the highest level since the end of the Great Recession a decade ago.
