Treasury Department Proposes New Rule On All-Cash Real Estate Sales
The change is an effort to combat money laundering and promote transparency in residential sales
The change is an effort to combat money laundering and promote transparency in residential sales
Roughly one-third of U.S. home purchases were paid for with all cash in October
Sales may have been down, but we're taking a look at who had the good fortune to buy last month
Rising mortgage rates and sky-high home prices made homeownership less of a reality last month for perspective buyers
All-cash sales also hit a new high last month in the largest share since 2014
The department has increasing concerns over money laundering in the real estate market
Investor competition continues to force first timers out of the market
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The increase represents the largest share since 2014
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