How’s the market? New Year…will we also have a new housing market??? Trends from the 4th quarter are still hanging out…active inventory still rising…sales still lagging…we are seeing a few things that we haven’t seen in years…like a 5 month supply of property for Brevard County. We have entered into a balanced housing market as expected with the new year. … More What’s Really Happening In Our Housing Market?
Let’s talk about signs of a housing market crash. The inventory will definitely begin to rise. The number of sales will be dropping below recent trends. Prices would start dropping. Foreclosures would be on the rise. Here is what’s happening in Brevard County Florida … More March 2023 Housing Market Update Brevard County and Cocoa Beach Florida
Is a total housing market crash still coming?? Maybe…I believe any major adjustment in our housing market happened in 2022 with the increase of interest rates. If the rates spike to over 7% or test the 8% levels, we will see another slowdown in buyer patterns. If they drop to under 6% we will see a spike in new buyers … More February 2023 Housing Market Update Brevard County
Even though the market feels like it is calming down/cooling off…it is still a very active seller’s market. This post will provide the stats for the month of September 2021 for both Brevard County and the Cocoa Beach area, the stats for the 1st 3 quarters of 2021 versus 2020, and a breakdown of the rental market for Brevard County. … More Housing Market Update Q3 2021 for Brevard County and the Cocoa Beach Area
Cocoa Beach Insider 