The new numbers that came out recently show that:
“The five states where cash sales were highest in August were Alabama (47.5%), Florida (45.2%), New York (42.4%), West Virginia (39.6%) and Missouri (39.5%)...
Of the nation’s 100 largest metropolitan areas, the five Core-Based Statistical Areas with the greatest percentage of cash sales in August were:
Miami-Miami Beach-Kendall, Fla.: 51.7%
Philadelphia, Pa.: 51%
West Palm Beach-Boca Raton-Delray Beach, Fla.: 50.8%
North Port-Sarasota-Bradenton, Fla.: 48.5%
Fort Lauderdale-Pompano Beach-Deerfield Beach, Fla.: 47.7%”
Source: 24-7 Wall St, <a href="http://247wallst.com/housing/2015/11/19/august-cash-home-sales-highest-in-miami-philadelphia/">August Cash Home Sales Highest in Miami, Philadelphia</a> by Paul Ausick.
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