Cash Still King In Local Residential Market

March 6, 2013


Pop quiz time. All-cash sales have represented how much of the local residential market in the past few years?

 

A. 1/4

B. 1/3

C. 1/2

 

Here’s a hint. According to Metrostudy, 32,740 Chicago-area buyers bought homes last year without taking out a mortgage.To find the answer, read this Crain’s story.


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Taylor Johnson