First quarter data from RealtyTrac shows that Florida has the top five metro-areas for all cash purchases of single family homes and condominiums. The company tracks major 110 metro areas nationwide. The top five on the list for Q1 2016 were Naples with 57.1 percent cash purchases; Miami at 53.9 percent; North Port-Sarasota-Bradenton at 53.4 percent; Palm Bay-Melbourne-Titusville (52.7 percent); and Ocala at 51.6 percent. The national average for all cash sales of single family and condominiums was 31.8 percent, down for the 12th straight quarter from the 35.4 percent recorded in Q1 2015.
