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Cash buyers are losing share in the housing market
Cash buyers are playing a smaller role in home sales, according to CNBC Real Estate.
The outlet points to a mix of more available inventory and weaker home prices, which it says boosts purchasing power for buyers who do not pay with cash.
That shift is reducing cash buyers as a share of the overall market, even as overall buyer leverage improves amid the changing pricing and supply conditions.
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CNBC Real EstateCash is no longer king in home sales