Welcome to Paradise!

Over half of Fla.’s June sales all-cash

ORLANDO, Fla. – Sept. 10, 2014 – Over half of Florida’s June property sales (50.9 percent) were all-cash transactions, according to CoreLogic, an Irvine, California-based financial data company. Second-place Alabama had 48 percent all-cash sales.

In a comparison of large U.S. cities, Cape Coral-Fort Myers led the nation in all-cash sales at 61.2 percent, and four other Sunshine State cities followed it: West Palm Beach-Boca Raton-Delray Beach (60.6 percent), North Port-Sarasota-Bradenton (59.8 percent), Miami-Miami Beach-Kendall (58.7 percent) and Fort Lauderdale-Pompano Beach-Deerfield Beach (58.5 percent).

Other states rounding out the top spots for all cash sales are New York (44.6 percent), Kentucky (40.1 percent) and Nevada (40 percent).

Read More – Florida Realtors

Leave a Reply

Your email address will not be published. Required fields are marked *