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Majority of Florida homes sales in Florida done in cash

Florida led the nation by far in cash sales for residential real estate in February. All eight markets in the state that in the Top 100 markets nationwide exceeded 50 percent cash sale deals. According to statistics provided by RealtyTrac, 65.9 percent of Tampa Bay home sales were done in cash. Miami was even higher, at 71.3 percent, followed by Sarasota/Venice (69.4 percent), Orlando (62.3 percent) and Jacksonville (54.9 percent). In the smaller markets, Cape Coral/Fort Myers had the highest… Reported by bizjournals 2 hours ago.

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