All-Cash Home Buyers Head to the Southeast

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Florida cities have the highest percentage of cash purchases of homes

January 14, 2016
All-Cash Home Buyers Head to the Southeast

Photo: Phillip Pessar/Creative Commons.

As of the second quarter of 2015, cash purchases of homes were more common in the Southeast and Midwest than they were in the West, according to a Zillow analysis.

The top five markets with the highest percentage of all-cash home purchases were all Florida cities: Miami, Sarasota, Fort Myers, Daytona Beach, and Tampa.

The cities with the lowest percentages were Colorado Springs, Denver, Spokane, Wash., Seattle, and San Jose.

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