[j. earl carter]

Seems to me pretty much every home is paid for with cash. I have to assume they mean to say that a higher percentage of homes are being sold without using Fannie/Freddie as a source of that cash. There are other places to borrow money. Its probably not uncommon for 1st time buyers to get loans from their parents, for example.

[dynoman]

I thought “cash” meant no borrowing.

I understand selling property currently own and buying with cash, we could do that but not replace in kind. We could sell our land/house and buy in town somewhere but I don’t want to live in town. I’m interesting in buying property in town but it won’t be where we live.