Sanibel Real Estate blog: Bring CASH!

Cape Coral-Fort Myers had the highest share of cash sales in the nation at 61.2 percent in June, according to a report released Tuesday by Irvine, Calif.-based financial data company CoreLogic.

The area was followed by West Palm Beach (60.6 percent), North Port-Sarasota-Bradenton, (59.8 percent), Miami (58.7 percent) and Fort Lauderdale 58.5 percent).

Nationally, cash sales made up 33 percent of home sales in June, the lowest share since September 2008, according to the report.

Florida had the largest share of any state at 50.9 percent, followed by Alabama (48.1 percent), New York (44.6 percent), Kentucky (40.1 percent) and Nevada (40 percent)

So bring your cash to Southwest Florida folks, and check out area real estate as well as Sanibel real estate.  IT’s ok if you don’t have cash though, we have lots of mortgage broker resources that can help with the financing.

Check out the Sanibel real estate listings at www.chuckandrews.com or www.kimberleyandrews.com, or just give us a call at RE/MAX of the Islands, 239-849-3396 to discuss area real estate.

 

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