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Who Needs a Mortgage? More than Half of Homes Paid for with Cash Last Year

August 15th, 2013 3:27 PM by Teresa Molina

While mortgages often pave the way to homeownership, a new report from Goldman Sachs Group revealed that cash has truly been king over the past year and change.

In fact, the investment bank’s economists revealed that more than half of all homes that sold in the United States last year were purchased with cold, hard cash.

http://www.thetruthaboutmortgage.com/who-needs-a-mortgage-more-than-half-of-homes-paid-for-with-cash-last-year/?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+TheTruthAboutMortgagecom+%28TheTruthAboutMortgage.com%29
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Posted by Teresa Molina on August 15th, 2013 3:27 PM

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