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Will the housing buck stop at cash buyers? 

Mar 02, 2011By

Cash may be king in California home sales, but who is the ruling class?

An article in The Los Angeles Times on Tuesday mentions that “all-cash buyers grabbed a record 30.9% share of California house and condo sales in January.”

The source of the information, San Diego-based DataQuick, sent an e-mail Feb. 16 announcing that such a trend was coming.

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