Hot Summer Home Sales in Florida
June and July are fantastic months to start prepping your Florida home for sale. š” Housing demand is at its peak, while inventory remains tight. According to the latest data from the Florida Realtors Association, the median home price has reached $412,000 and is projected to rise even further throughout 2024. š But it’s not just home prices that are on the rise. Mortgage rates, although down from their 7.79% peak in October 2023, are gradually increasing again. The current 6.94% mortgage rate is still attractive to home shoppers, but this could change soon. ā³
Recent research from the National Association of Realtors (NAR) shows that buyer activity is particularly high during the summer months, making June and July prime time to list your home. Furthermore, Realtor.com highlights that tight inventory conditions mean less competition for sellers, which can lead to quicker sales and better offers.
Don’t miss out on this golden opportunity! If you want to capitalize on the strong buyer demand before mortgage rates spike, list your home on the MLS in Florida NOW! š āØ
#FloridaRealEstate #HomeForSale #MarketTrends #SellNow #RealEstate2024 #FloridaHomes #MortgageRates
For more details, check out these resources:
By the way, if you know anyone looking to buy or sell a home, I’d be grateful for your referrals. Your trust means the world to me, and I promise to take excellent care of your friends and family! š”š¤
Stay Cool,
Tiffany Arthur
954-993-5591
TiffanyLArthurPA@gmail.com
REAL Broker, LLC
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