Saturday, July 17, 2010

Orlando Real Estate Financing Data

The percentage of Orlando real estate transactions completed on an all cash basis has increased dramatically over the past years. Reasons include:

A significant number of investor buyers who are not able to secure financing and therefore must pay cash, and
A significant number of properties that are ineligible for financing, such as very low priced condos and properties that need intensive rehabilitation.
All Cash Transactions
Year % of All-Cash Transactions
2010 51.09
2009 41.38
2008 20.26
2007 8.95
2006 6.56
2005 9.28
2004 10.48
2003 9.50
2002 10.03