In the Near Future, Buyers Could Use Bitcoins to Purchase a Home
Posted by Florida Realty Marketplace on
In the not too distant future, if someone were to ask, “How much did your home cost?” the answer would probably be, “18 bitcoins.” For that’s the going rate for an average American home in cryptocurrency, according to a recent analysis reported by Redfin.
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Although most brokerage firms do not currently accept cryptocurrency as a form of payment, the report notes Redfin’s agents in cities across the U.S., especially California, have said they had conversations with people about using cryptocurrency as part of their transaction.
But is cryptocurrency set to become the payment of choice among homebuyers and sellers?
“It’s hard to say whether the use of cryptocurrency to buy and sell homes is a long-term trend or just…
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