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All-cash home sales on the rise

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When research firm CoreLogic posted data earlier this month on all-cash home sales, it listed New York among a handful of states in which more than half the purchases were made that way. Florida led the pack with nearly 60 percent of home sales being cash deals, but New York wasn’t far behind at almost 52 percent. The data were for February. Before you start envying your neighbor’s wealth, though, keep New York City in ...

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