Cash can be an advantage when purchasing a home in today’s market but buyers need to be careful that if they go the cash route they don’t neglect their own best interests by foregoing appraisals, inspections and title insurance, according to the Wall Street Journal column, “The Downsides of Cash.”

More headlines:

Housing recovers as underwater-borrowers shrink – Daily Herald

Area foreclosures drop, but deserted homes hurt neighborhoods – Pantagraph

Tri-Cities, Kane foreclosure activity declines in May, continues positive trend – Kane County Chronicle