Detailed text transcripts for TV channel - MSNBC - 20140322:11:27:00
There was an up tick at the price point of $750,000 and over. that's a small percentage of the market. the most are under $250,000. the median is a home of $189,000. when you look at the numbers, 35% of all the sales were cash transactions that indicates there are institutions where people who professionally buy homes. they would have to brave, in most parts of the country, wintry weather in december and closed on a home in february. a broader read on the market when we look at march, april and may sales. >> now the beefed up pryces, what are they and why are they going up? >> food inflation. ...
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