Despite rising home prices and low interest rates,
The real estate information service said 21.2% of last year's 319,963
The number was down slightly from 1997 when 71,437 cash buyers accounted
Florida's median home price increased 5.6% from 1997 to $95,000 last
Mike Ela, head of the research division, said "rich people and retirees"
Florida communities with the highest 1998 cash rates were Miami Beach at