That’s roughly the same level as last year — and once again, Florida dominates the leaderboard for all-cash purchases.
Florida Tops the Charts for All-Cash Deals
Across the Sunshine State, wealth and migration continue to fuel real-estate activity.
- West Palm Beach leads the nation with 43.4% of homes bought in cash.
- Miami follows close behind at 39.2%, ranking among the top three U.S. cities.
Florida’s combination of tax advantages, lifestyle appeal, and influx of retirees and international investors keeps it at the forefront of cash-driven real-estate markets. Yet, even in this environment, not every buyer or investor wants to tie up hundreds of thousands — or millions — in liquidity.
That’s where Lendworth USA comes in.
The New Smart Play: Leverage, Not Liquidation
While affluent buyers dominate the headlines, more investors are discovering the benefits of private mortgage financing through Lendworth USA — especially when flexibility, speed, and opportunity matter most.
Lendworth USA specializes in equity-based mortgages that help qualified borrowers close quickly on residential or investment properties without traditional red tape. Whether you’re buying a second home, flipping, or consolidating debt, you can secure fast approvals and keep your cash working elsewhere.
Our private lending model empowers buyers to compete with cash — even in a market that rewards it.
Down Payments Hit Record High — And That’s a Signal
Redfin’s data also reveals that the typical down payment hit a record $70,000 in August, up 6.1% from a year earlier — the highest for August since 2013.
California markets topped the list for massive down payments (San Jose: $408,000; San Francisco: $400,000; Anaheim: $300,000), while buyers in more affordable metros such as Virginia Beach ($9,000) and Cleveland ($27,000) trailed far behind.
This widening gap reflects a two-speed housing market: wealthier, equity-heavy buyers versus everyday homeowners still contending with high prices and limited financing options.
Why More Americans Are Turning to Private Mortgage Lenders
As mortgage rates ease toward 6.3%, more buyers are returning to financing — and many are looking beyond banks. Traditional lenders often move slowly or impose rigid criteria. Private lenders like Lendworth USA offer:
- Fast, flexible closings (often within days)
- Equity-based approvals up to 75% LTV
- Tailored loan solutions for investors and self-employed buyers
- Access to short-term bridge or renovation financing
Whether you’re buying in Miami, Tampa, Orlando, or West Palm Beach, Lendworth USA helps you move like a cash buyer — without draining your reserves.
Final Word
Florida may lead in all-cash deals, but that doesn’t mean you need millions sitting idle. With Lendworth USA, you can leverage your equity, secure fast funding, and seize opportunities in one of America’s hottest housing markets.
If you need a mortgage — make it simple. Make it Lendworth USA.
Your equity deserves more.