RealtyTrac reported last week that 40% of the properties sold in the U.S. over the summer were purchased in cash, up from 30% a year earlier, according to a story on Reiclub.com.

 

Most of it can be attributed to the opportunity investors see in some markets. In some states, all-cash transactions seem to be the norm in other to lock in on a good deal and close quickly. Florida was the No. 1 state.  Read More
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