Mortgage-Free Homes National Percentage: Homes Owned Free & Clear*
Over 39% of owner-occupied homes are owned free and clear. When these households sell, their proceeds of sale make it much easier to buy their next homes all-cash – presumably, a major factor in the increase in all-cash sales.
2013
34.3%
2014
35.7%
2015
36.2%
2016
36.7%
2017
37.0%
2018
37.2%
2019
38.1%
2020
38.3%
2021
38.7%
2022
39.3%
30%
32%
34%
36%
38%
40%
*Data per U.S. Census as reported on by Bloomberg News, “The Share of Americans Who Are Mortgage-Free Is at an All-Time High,” 11/17/23. Data from sources deemed reliable but not guaranteed and may contain errors. All numbers should be considered approximate.
Made with FlippingBook interactive PDF creator