Buying a house? Here's where all-cash deals are most competitive
As a result, all-cash deals, which sellers favor, are rising in certain regions and at certain price points. All-cash sales now make up about 36% of the market, according to realtor.com. The highest share of all-cash sales is in Nassau County, New York, on Long Island, according to Redfin. Some markets are seeing a much lower share of cash buyers, such as Denver; San Diego; Oakland, California; and Washington, D.C. The middle-price tiers stayed about the same, and cash sales actually dropped in the $750,000-to-$1 million range.
cnbc.comAnother booming quarter for Walmart, but sales are slowing
NEW YORK – Walmart turned out another stellar quarter as the world’s largest retailer powers through a pandemic that has felled other national chains. The U.S. on Tuesday reported the slowest monthly retail sales since the spring when the pandemic seized up the economy. Sales at Walmart stores opened at least a year— a key barometer for a retailer's health — rose 6.4%. Online sales spiked almost 80% after nearly doubling in the previous quarter. That trend continued to manifest itself Tuesday at Walmart, and Home Depot as well, which reported a 23% quarterly sales surge.
Cyber Monday's potential impact after drop in Thanksgiving weekend sales
Cyber Monday's potential impact after drop in Thanksgiving weekend sales The National Retail Federation says Thanksgiving weekend sales dropped 11 percent compared to last year. CBS News business analyst Jill Schlesinger joins "CBS This Morning" to discuss the drop in sales and how Cyber Monday could differ.
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