Real Estate Market Is Broken for Everyone Except the Ultra Rich

News July 24, 2024 at 12:54 PM
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What You Need To Know

  • Homes worth over $1 million were the only price segment with rising sales in June, says a group of Realtors.
  • The pool of potential buyers with money in their pockets is deep — 39% of U.S. homes didn't have a mortgage as of 2022.
  • In some developments, more than half of the buyers are paying cash, according to Toll Brothers.

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