West Palm Beach No. 2 in USA for homes bought with cash

A recent report from Redfin found that all-cash purchases were most prevalent in Long Island, with 66.5% of home purchases made in cash in July. However, West Palm Beach was a close second at 56.4%, Jacksonville was third with 45.5%, Fort Lauderdale ranked fifth at 43.3% and Orlando was sixth in the country for cash-bought homes at 42.5%.