All-cash home sales have increased to 42.7 percent in the United States. I am, in fact, experiencing a 70 percent rate in the Sarasota market.

A growing number of buyers, believe it or not, are homeowners who lost their homes to foreclosure and have saved enough money to now purchase with cash.

Another group are wealthy second-home buyers who do not need to sell their primary home to buy a second or third home. For them, it’s a buying opportunity.

Another trend are wealthy people who have made hundreds of thousands or millions in the stock market and are now spending it.