Fewer people paying cash for homes in Miami-Dade

July 16, 2015 7:12 PM

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Fewer people paying cash for homes in Miami-Dade

The percentage of people paying cash for homes in Miami-Dade County continues to fall, likely reflecting the impact of currency crises abroad on foreign buyers.

Cash sales made up 56.8 percent of local deals in April 2015, down from 62.4 percent in April 2014, according to a report released Thursday by the property analytics firm CoreLogic.

Also read: GM, Ford sales up; FCA down 14.3% in November

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