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Sales in the housing industry have remained stagnant over the last several months. Though certain categories of purchasers have remained stable and even increased, the number of cash buyers and investors has dramatically decreased. Researchers from Capital Economics recently reported:
"The firm has found that since January, the number of homes purchased by cash buyers and investors has fallen by 26 percent."
However, we believe these purchasers have not left the market entirely but instead have been waiting on the sidelines. Both cash buyers and investors are normally looking for...
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