Relevant:
- Cash-only home sales rise in California
- southern california home sales lowest since 2008
- Southern California Home Sales Rise on Investor Purchases
- FHA low down payment buyers and cash investors dominate Southern California housing market – Not a healthy market when over 63 percent of sales come from these two groups. Move up sellers unable to shift because of negative equity.
- Cash purchases of California homes hit record in 2012
2011-03-02 — thetruthaboutmortgage.com
"A record portion of California home sales were paid for with cold, hard cash last month, according to a report from DataQuick"
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