Cash buyers snap up 30 percent of houses sold this year in Sacramento
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Cash buyers snap up 30 percent of houses sold this year in Sacramento

Sacramento : CA : USA | Jul 27, 2012 at 2:44 AM PDT
Source: Sacramento Bee
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In many neighborhoods, their mortgage payments would be about half the cost of rent. Getting an affordable piece of the American Dream isn't so easy, though. These would-be homeowners are competing – and often losing – to investors paying all cash in a frenzy to snap up cheap rental properties at the... FULL ARTICLE AT Sacramento Bee
 
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