Cash sales of houses in the uk have reached the lowest level in nine countries , now constituting 30 % of total home sales , down from 34 % in July 2014 . High - credit loans , those with FICO rates above 700 , are said to be among the lowest buyers places ; the number of low - credit borrowers has remained largely flat .
Cash sales of houses in the US have reached the lowest level in nine years, now constituting 30% of total home sales, down from 34% in July 2014. High-credit borrowers, those with FICO scores above 700, are said to be taking the cash buyers places; the number of low-credit borrowers has remained largely flat.