Buying Homes with Cash

sebastian inlet

July real estate numbers indicated, once again, that more people buy homes in Florida with cash than any other state in the country.  Imagine not having to pay interest on a loan, and not even having a monthly mortgage payment.  The City of Sebastian was actually the number one cash deal city in Florida, as nearly 54.6% of the homes were purchased with cash in July.  There were no Palm Beach County areas among the leaders, which were Homosassa Springs, Sebring, Naples, Port St. Lucie, Charlotte County, and Sarasota-Manatee.

Source: Sarasota Herald-Tribune (FL) (08/27/15) Hielscher, John

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