Free Republic 2nd Qtr 2024 Fundraising Target: $81,000 Receipts & Pledges to-date: $28,723
35%  
Woo hoo!! And we're now over 35%!! Thank you all very much!! God bless.

Keyword: allcash

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  • Nearly half of homes are purchased in cash

    08/29/2013 6:48:49 AM PDT · by KeyLargo · 57 replies
    Market Watch ^ | Aug 29, 2013 | By Quentin Fottrell
    <p>More Americans are buying homes in all-cash deals, according to several recent studies. But real- estate experts say this increase may not be a good sign for the health of the housing market.</p> <p>All-cash purchases accounted for 40% of all sales of residential property in July 2013, up from 35% during the previous month and 31% in July 2012, according to data from real-estate data firm RealtyTrac released Thursday. That’s the second highest rate since the survey began in January 2011 – second only to 53% in March 2012.</p>