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Health & Fitness

43% 1st Quarter Home Sales Were CASH$$

Bonnie Craig, Broker, Neighbor

The National Association of Realtors says that the median home sale price increased 1st Quarter of 2014 in 125 out of 170 metro areas.

43% of the sales were cash coming from investors (small and institutional) and foreign buyers looking for 2nd, 3rd, and 4th homes.

Highest number of homeowners still underwater were in Las Vegas, Jacksonville, Orlando, Chicago, and Tampa.

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