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Cash sales dominating South Florida

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From the south Florida website: Cash deals are taking over South Florida’s real estate market, as around 54 percent of home purchases in the tri-county area are all-cash deals, according to a real estate analysis by Zillow.com. In the boom, just 13 percent of South Florida’s home sales were paid in cash. South Florida had the highest percentage of cash deals in the fourth quarter among 11 major metropolitan areas in the country in Zillow.com’s analysis. [more]

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