Cash is king right now in the real estate market, particularly if you're talking about the condo market.

Clark recently read a report that spotlighted two buyers vying for the same condo. One wanted to pay upfront in cash and the other was seeking to arrange financing. The cash payer offered $133,000 on the condo, while the person seeking financing offered $179,000. Guess which offer was accepted…

No one wants to make loans in the condo market because of the speculative nature of how it all blew up. That means cash payers can steal a once in a lifetime deal right now. This same thing is happening -- albeit to a lesser degree -- with single-family houses in some of the bubble states.

When Clark raised this in a staff meeting, several staffers said they thought the scenario of paying cash for real estate was very unrealistic for the penny-pincher's target audience. But just days ago, Clark shared word that there is nearly $4 trillion just sitting in money market accounts. That could easily be put to use in a scenario like this one.

So if you're among the millions of Americans who have money -- but are clueless about what to do with it -- let this be food for thought.