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State o' the Market

In California, one in three houses are paid for in cash, the highest its been since 2011. What's more, some of the highest percentages of all-cash deals have been in supremely well-heeled communities like Beverly Hills. It's also been estimated that a lot of these cash-infusions come from investors and buyers overseas. In all, the findings (by a SoCal realty tracking company) are not entirely surprising considering $102M all-cash deal that went down in March. [Curbed LA]