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Nearly Two Thirds of Miami Home Sales Still All-Cash

by Peter Thomas Ricci

All-cash sales still remain quite prevalent in the U.S. housing market, especially here at home.

A whopping 62 percent of home sales in the Miami area were all-cash transactions in April, according to exclusive analysis from CoreLogic, the real estate data and analytics company.

That’s far beyond the 37 percent national average, according to data CoreLogic recently published on its website.

But how does Miami compare with some of the most cash-infused housing markets in the U.S.? And how does Florida compare with its fellow states? See our graph below for an idea:

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