The home-sharing market around the world has been extremely affected by the COVID-19 situation. Flights getting canceled and people scared of getting infected or spreading the virus has created a huge wave of short term rental booking cancellations that have seriously affected Airbnb hosts. The real question is can the industry’s leader survive to this lockdown?
Tag Archives: real estate market Florida
A wave of cash-only buyers in Florida!
Lately I noticed that the number of buyers needing financing has drastically reduced. My personal feeling was confirmed by a recent study from RealtyTrac Inc showing that Florida is the nation’s leader with an amazing rate of all-cash home sales of 66 %! Even more impressive is the 69% rate of cash deals in Miami. To give you an idea, among all the other States, only Nevada with 64% and Maine with 60% got the next closest numbers of cash closings. Read the rest of this entry »