Relevant:
- Record One-third of Home Sales in California were All-Cash
- "Flipper Cash" Propping Up Housing Market
- 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.
- It will soon get easier to buy a home -- but don't do it
- Earth to Bankers, Earth to Bankers... Your Planet is Dying, You Must Evacuate, It's Time to Come Home.
2013-06-03 — yahoo.com
``"It's not people buying these houses," she says. It's investors, people who want to flip it. It's the people who have ready cash. Right now it's a big boys game in housing."''
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