All Cash Home Sales Up

All Cash Home Sales Up

South Florida leads nation in all-cash home sales in Q2, RealtyTrac says

Brian BandellSouth Florida Business Journal
All-cash deals made up a greater percentage of home sales in South Florida than any metropolitan in the nation in the second quarter, according to RealtyTrac.The study found that all-cash deals accounted for 64.1 percent of sales in South Florida. Although that was down from the same period a year ago, it was well above the national rate of 37.9 percent.Foreign buyers are putting down cash for homes and, especially, condos, often for investments to hedge against problems in their home countries.


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Phone: 954-471-8120
Dated: August 20th 2014
Views: 420
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