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Existing sellers’ market shows slow shift toward buyer’s market

October 11th, 2023 · Comments Off on Existing sellers’ market shows slow shift toward buyer’s market

Although September proved to be still officially a sellers’ market, there are many signs that finding a house to buy in Northeast Florida is slowly becoming easier for buyers.

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2022 ends with two different markets rolled into 12 short months

January 11th, 2023 · Comments Off on 2022 ends with two different markets rolled into 12 short months

“As we close out 2022 and move into 2023 the Northeast Florida real estate statistics continue to point to a stabilization of the market,” said Northeast Florida Association of REALTORS® President Mark Rosener.  “It certainly has been a year with

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Housing prices become less affordable as the cost of homes stabilizes in region

November 15th, 2022 · Comments Off on Housing prices become less affordable as the cost of homes stabilizes in region

As can be expected in a marketplace marked by low inventory, inflation, and climbing interest rates, prices in Northeast Florida’s housing market remained high as they continued to stabilize at the beginning of the holiday season.  And while closed sales …

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Housing prices drop yet Northeast Florida becomes less affordable

October 12th, 2022 · Comments Off on Housing prices drop yet Northeast Florida becomes less affordable

The Northeast Florida housing market continued to show a minor drop in prices in September. With the holidays on the horizon, a market slowdown in the fall is typical, but considering the historic heights that prices have risen during the …

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Northeast Florida housing market shifts to ‘new normal’

August 10th, 2022 · Comments Off on Northeast Florida housing market shifts to ‘new normal’

A “new normal” has taken over Northeast Florida’s housing market.

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Higher mortgage rates begin to put brakes on housing market’s wild ride

July 12th, 2022 · Comments Off on Higher mortgage rates begin to put brakes on housing market’s wild ride

Although prices rose higher in June, there was tangible evidence that higher mortgage rates and inflation are beginning to put the brakes on the wild ride that Northeast Florida’s housing market has taken over the past two years.

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Inventory shortages, high prices plague home buyers as year comes to close

December 9th, 2021 · Leave a Comment

Rising prices and lagging affordability continued to plague First Coast home buyers as the year 2021 heads toward its end.

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Hot Northeast Florida housing market shows no sign of cooling

June 14th, 2021 · Leave a Comment

Robust buyer demand fueled by low interest rates, historically low residential inventory, and the continued desire of out-of-staters to move to the Sunshine State, has caused Northeast Florida’s housing prices to surge.

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Home Sales in 2020 Break All Prior Records

January 18th, 2021 · Leave a Comment

Despite the pandemic, 2020 was record-breaking year for home sales in Northeast Florida. The number of 2020 sales is an 8.2% increase over 2019 sales.

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November Northeast Florida Real Estate: Inventory Hits Lowest Point All Year

December 16th, 2020 · Leave a Comment

The 2,680 homes sold in Northeast Florida was a 13% uptick over November 2019, but a decrease from each of the previous five months, where sales exceeded 3,000, in the latest market report from the Northeast Florida Association of Realtors.…

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