2013-10-25bloomberg.com

``All-cash sales rose to 49 percent from 40 percent in August and 30 percent a year earlier, a sign that rising mortgage rates since May have kept some people out of the market and that smaller investors are stepping up purchases... "The investors are ruling the market," said Dennis, interviewed by phone while on the job at a project in Canton, Georgia, outside Atlanta. "The little guy can't win if he's up against a deep-pocket investor."''



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