"In May, Miami just experienced its best real estate sales month in history, with cash deals representing 38.9% of closed sales, compared to 25.9% in May 2020. Condo sales notched even higher: 48.3% of all Miami condo sales were in cash." https://southfloridaagentmagazine.com/2021/07/29/cash-is-king-in-the-south-florida-real-estate-market/