Cash is King

“In this wild housing market, with 21% fewer homes on the market than last year and demand pushing prices to record highs, the competition for a home is fierce. One thing that can put a potential buyer on the top of the heap is an all-cash offer…In April, 25% of all home sales were all-cash deals, up from 15% a year ago, according to the National Association of Realtors.”

Read More at CNN