Cash sales decline as more homebuyers get financing

More than half of all South Florida home and condo sales in May were cash deals, but buyers who need mortgages shouldn’t lose heart, a new report shows.

Roughly 53 percent of transactions last month didn’t involve a loan. Yet that’s down from about 70 percent a year ago, the RealtyTrac listing firm said Thursday. The figures cover Palm Beach, Broward and Miami-Dade counties.

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http://www.sun-sentinel.com/business/realestate/fl-cash-sales-realtytrac-20150702-story.html

http://www.RSF-TRUST.com
#RealtyServicesFlorida
#JeanDeglon

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