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Article as seen on www.floridarealtors.org
At Beachy Beach 30A and Beachy Beach Destin we have a lot of cash buyers and according to the National Association of Realtors, we are not the only ones.
WASHINGTON – May 9, 2014 – The market share of all-cash purchases is on the rise, despite declines in distressed sales and investor activity, according to the National Association of Realtors® (NAR). The results spring from an analysis of data collected for the latest Realtors Confidence Index. Lawrence Yun, NAR chief economist, calls the findings counterintuitive. "Distressed home sales, most popular with investors who pay cash, have declined notably in the past two years, yet the share of all-cash purchases...
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