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Nearly half of residential sales in December were cash only (access required)

Forty-six percent of all residential sales in the Charlotte-Gastonia-Concord area were all cash in December 2013, according to an analysis by RealtyTrac. The company includes single-family homes, condos and town homes in its residential sales counts. Charlotte Regional Realtor Association President Joe Rempson says it's a reflection of institutional investor activity in the market, which he ...

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