Record Number of Homes Pile Up in Florida-Making 2 Major Cities Hot Markets for BuyersFlorida's housing market sees record high inventory levels as demand falters.Orlando and Cape Coral lead in rising home listings amidst falling prices.
Housing market hits highest inventory since 2019 as sellers flood the marketThe real estate market is stabilizing as home inventory reaches its highest level since 2019, offering hope to buyers after years of tight inventory.
Shifting housing market power: Where buyers just gained the edgeHome sellers in the Northeast, Midwest, and Southern California maintain power, while homebuyers in Florida and Texas dominate the market.
Home inventory levels in January are looking strongHome inventory has increased 24.6% year-over-year in January, signaling a potential market shift.Lower mortgage rates and reduced lock-in effects are driving more listings.Despite growth, inventory is still below 2017 and 2019 levels. Pending listings show a gradual recovery but are lower than the previous month.
New-home sales hit highest level since 2021New home inventory is increasing while existing home sales remain low.Builders are offering incentives to attract buyers in a fluctuating mortgage rate environment.
Mortgage rates continue to slide toward 7%Mortgage rates are decreasing, influenced by the bond market and labor data dynamics.
Record Number of Homes Pile Up in Florida-Making 2 Major Cities Hot Markets for BuyersFlorida's housing market sees record high inventory levels as demand falters.Orlando and Cape Coral lead in rising home listings amidst falling prices.
Housing market hits highest inventory since 2019 as sellers flood the marketThe real estate market is stabilizing as home inventory reaches its highest level since 2019, offering hope to buyers after years of tight inventory.
Shifting housing market power: Where buyers just gained the edgeHome sellers in the Northeast, Midwest, and Southern California maintain power, while homebuyers in Florida and Texas dominate the market.
Home inventory levels in January are looking strongHome inventory has increased 24.6% year-over-year in January, signaling a potential market shift.Lower mortgage rates and reduced lock-in effects are driving more listings.Despite growth, inventory is still below 2017 and 2019 levels. Pending listings show a gradual recovery but are lower than the previous month.
New-home sales hit highest level since 2021New home inventory is increasing while existing home sales remain low.Builders are offering incentives to attract buyers in a fluctuating mortgage rate environment.
Mortgage rates continue to slide toward 7%Mortgage rates are decreasing, influenced by the bond market and labor data dynamics.
Will homebuyers come back this fall?Current home inventory is roughly peaking for summer, signaling potential market shifts in fall and beyond.