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Now More Than Ever, Cash is King in Real Estate


A study released Thursday shows that almost two-thirds of Florida housing sales in the first quarter of this year were done in cash. That is the highest rate in the nation and well above the national average of 42.7%, according to the study by the research firm, RealtyTrac. More from AP and McClatchy.

Source:  FLORIDA TREND
See also:
» More South Florida homebuyers making cash purchases
» Cash still king in Orlando housing market

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