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Twin Falls, Idaho ( KMVT-TV / KTWT-TV ) Half of all homes are being purchased with cash throughout the U.S.
A Goldman Sachs report says, that all-cash share of sales has doubled over the past seven years.
Are you part of the trend nationwide?
Economists report more people are buying homes with cash.
More than half of homes sold last year and so far in 2013 are financed without a mortgage.
"We are pretty much run on about 20% on cash deals and we've been running that for quite a few years” said Ross Deahl, Canyonside Irwin Realty.
Just this year, 25-percent of all homes in Twin Falls are bought in cash.
Real estate agents believe there's an uptick in investors who are getting back into the market buying rentals and homes.
"It's a mixture of a few things, its people looking to downsize maybe there farm property. We are also seeing a lot of investors coming back into the market” said Stan Tobiason, Gem State Realty.
With the housing market increasingly getting better within months, could cash deals be the reason for the recovery?
"People are seeing its truly a good investment to get back into real estate. Twin Falls has always had a steadier market compared to what you would find in the bigger cities” said Tobiason.
A housing market that continues to get better in the gem state.
One of the reasons is more people dropping cash on homes.
On average homes are staying on the market up to 90 days.