Florida real estate sales: All about the Benjamins

Florida, statewide and within individual metro areas, is a national leader in homes sales paid in cash, according to a new report from real estate data firm CoreLogic.

The Sunshine State had the largest share of cash sales in the country in April, at 51.4%, the report shows. Alabama, West Virginia, New York and Kentucky followed Florida.

In terms of individual areas, four of the five top cash-strong regions nationwide are in Florida. The region with the highest share of cash sales, at 59.1%, is West Palm Beach-Boca Raton-Delray Beach. The North Port-Sarasota-Bradenton region, at 58.5%, is next and Cape Coral-Fort Myers, at 58.1% is in third place. The Detroit-Dearborn-Livonia, Mich. region, at 58%, is after Cape Coral-Fort Myers, followed by Fort Lauderdale-Pompano Beach-Deerfield Beach, at 56.9%. Syracuse, N.Y. had the lowest cash sales share, according to CoreLogic, at 11%