Bonita Springs Home Stats – Consistent Cash Drop
Over the last several months one of the few things we’ve seen in the Bonita Springs real estate market is the consistent rise in prices and the consistent drop in cash real estate transactions. We’re at an all time low for cash transactions in Bonita Springs about 48% cash sales. Balancing that change is a small rise in FHA mortgages used to financing Bonita Springs home sales. There are very few condominium complexes that are FHA approved so that’s the reason for generalizing “home sales”.
Continue reading: Bonita Springs Real Estate Market Report August 2015
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