First-Time Home Buyers

San Francisco Real Estate

Rise In All-Cash Home Sales Frustrates Bay Area First-Time Buyers

Real estate firms are reporting a record number of Bay Area homes are being bought with cash, making it increasingly difficult for first-time homebuyers to get their offers accepted.


A sale pending sign stands in front of a home for sale in San Francisco. (Justin Sullivan/Getty Images)

Drop In Bay Area Inventory Squeezes 1st-Time Home Buyers

Despite low mortgage rates and attractive prices for starter homes in many pockets of the Bay Area, plenty of first-time home buyers are finding the door closed to them, nonetheless.