Florida Buyers Adapting to Housing Market!

Florida homebuyers are continuing to move forward, even as mortgage rates rise. In July,

single- family home sales increased more than 5% from a year earlier, marking the 11th

consecutive month of growth. Pending sales also rose nearly 2.5%.

Many buyers appear to be accepting that 2019-level affordability may not return any time

soon. Rather than waiting for significantly lower rates or prices, they are choosing to move

forward with their home purchases.

The takeaway: Buyers are adapting to today's market - and Florida's housing demand

remains strong. (Florida Realtors News Aug 19th).

For more information or guidance on selling or buying a home, contact me,

I can help! Miriam Hernandez, Broker-Owner ELC Real Estate LLC

     elcrealty@gmail.com Website: elchomes.com