CASH SALES ARE KING IN NAPLES, CAPE CORAL-FORT MYERS

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Among 200 metropolitan statistical areas with a population of at least 200,000 and sufficient cash sales data, those with the highest share of all-cash purchases of real estate in 2018 were Montgomery, Alabama (53.6 percent); Naples (52.5 percent); Macon, Georgia (50.8 percent); Cape Coral-Fort Myers (45.4 percent); and North Port-Sarasota (45.4 percent); according to ATTOM Data Solutions.

Nationwide, all-cash purchases accounted for 27.8 percent of single-family home and condo sales in 2018, unchanged from 2017 but down from its peak in 2011 at 38.4 percent.

However, this is still well above the pre-recession average of 18.7 percent between 2000 and 2007.

The link to the full report, visit www.attomdata.com/news/most-recent/year-end-2018-u-s-home-sales-report/.