Tag: is a housing crash coming

photo of Eric Larkin holding the words inventory and rates with arrows pointing up and down behind him. There is also a photo of a yellow spotted banana with the text overlay ripe market.

Home Buyers: Your Time Is Now

October 17, 2025

If you have been sitting on the sidelines waiting for the market to change…It’s happening now. Let me explain. While our active inventory is still over 5000 properties on the market, which is more than we have seen the last 7+ years. We have to go back to 2011 as the last time we were over 5000 properties available for sale. While we started 2025 over 5000 properties, and our inventory peaked in April with 5575 properties in our MLS. We have been trending down since then & currently have the lowest inventory we have seen all year with 5011 active listings. If you are a Buyer, you have an amazing selection to choose from. … More Home Buyers: Your Time Is Now

Eric is pointing to a pile of money in a front yard with the text Seller Concessions over it

Seller Concessions and Market Insights for July 2025

August 15, 2025

Price changes are up. We are seeing almost 2,000 price adjustments per month with 1971 this July
Day on market is hovering around 70 days on market for a contract with 69.44 days in July
The average sales price is down slightly from July 2024, with 426,808 as the average sales price
Median sales price is also trending down from July 2024, with $354,985 as the median sales price
… More Seller Concessions and Market Insights for July 2025

Housing Inventory Gone Wild

September 15, 2023

There are a lot of people looking for and anticipating a housing market crash. Interest rates have been hovering in the low 7% range and are at the highest rates we’ve seen since 2000. Homeowners Insurance is getting challenging to find for some of the homes in the area. Add to the mix the tropics heating up with our first named hurricane to hit the state of Florida in August…things are certainly lining up for a housing market crash. … More Housing Inventory Gone Wild

Housing Market Update April 2022 Brevard County and Cocoa Beach Florida

May 13, 2022

Why are we not seeing more listings coming on the market? If someone needed to sell before buying; they were hesitant to put their home on the market for fear of their home selling before they can find a replacement property & end up being homeless. Another factor we are starting to see is … … More Housing Market Update April 2022 Brevard County and Cocoa Beach Florida