Cash is King especially in West Palm Beach!


Cash buyers are moving to South Florida in unprecedented numbers. With the limited inventory, cash is king and gives an edge in the bidding wars that are taking place. Many homeowners are working from home and selling their existing homes for top dollar and then relocating to an area that is more affordable, allowing them to pay cash and no longer carry a mortgage. Unfortunately first time buyers and other financed deals are at a disadvantage when it comes down to the bidding wars. These buyers just do not have the capital to pay the over appraisal prices. West Palm Beach tops the list for cash buyers!!

See more here (Source: Florida Realtors®)



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