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OCTOBER NEWSLETTER The current housing market has cooled and Sellers are facing the difficult task of how to price their homes or condo's.
So what does it take to get your property sold? Under pricethe competition even if you think your home has more value. Some sellers are adding incentives such as buydowns or paying closing costs.
The median sales price has dropped 1.7% and sales in Ft Lauderdale are off 40%.
Inflation fears eased as the home market slows. Mortgage giant
Freddie Mac said that 30 year fixed mortgages dipped to 6.4% and 15 year are approximately 6.06. This is great news for Buyers.
This Buyers market affords great opportunities for all Buyers. The investor frenzie has disappeared and home ownership is more
domiciled based than investoe based.
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