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Cash is no longer king in home sales

Cash is no longer king in home sales

More homes are selling without cash offers as competition eases and prices soften, giving buyers with mortgages a fairer chance. This shift levels the playing field, making homeownership more accessible to a broader range of people.

As the residential real estate market continues to lose steam, competition is weakening, and cash is no longer necessary to win a deal.

CNBC

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