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Financed Buyers Rise as Cash Purchases Decline in US Housing
Cash purchases in the US housing market are plummeting as financed buyers gain ground. With home sales slowing and inventory increasing, price growth has moderated, allowing financed buyers to secure homes in competitive bidding. This shift marks a significant change in the dynamics of the housing market, indicating a stabilization period for buyers relying on financing.
βοΈ AI Verdict
"Looks like cash is no longer king in the housing game!"
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File ID: #381582Original Source: Times Of India β
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