Walton County History of Cash Transactions Since 2001

La Florida predicted three (3) years ago that the number of transactions recorded without a mortgage would continue to decrease as the solid history of cash sales would provide the comparable needed for banks to finance purchases on the Emerald Coast.  This, coupled with the continued low interest rates on second homes resulted in a downward trend on "cash" sales.  We expect to see this trend continue as rates are still low and "Jumbo" loan rates are less than conforming loans. 

It should noted that bulk purchases (transactions where multiple parcels were conveyed via one (1) deed or recorded as one (1) transaction) were counted as one (1) transaction.