More than one-third of all residential real estate sales in Orlando in 2015 were paid for in cash, according to Jim Gilkeson, director of the University of Central Florida’s integrated business degree.
In fact, cash accounted for about 37 percent of residential real estate sales last year, while conventional loans accounted for about 35 percent and FHA loans accounted for about 28 percent, according to data presented by Gilkeson at a CFA Society of Orlando event on March 23.
Gilkeson believes the… …read more
From:: biz journal foreclosures