Found 2 blog entries tagged as fsbo.

by Karen Williams-deCastro- Realtor®, C2EX, RSPS, GRI, SRS, ABR, SFR, AHWD

ALL BUYERS AND SELLERS in Monroe County, Florida. I am here with an exciting real estate market update for June 2023 for Florida Keys SINGLE FAMILY HOMES for sale! 

 Did you know that currently there are only 5.66 Months Supply of Inventory? Now you do! So what does that mean? That means the market is hot, and properties are moving fast!⚡️ But that's not all, over the last 12 months, Months Supply of Inventory has increased by an impressive +77.43%!

 If you're selling, you'll be delighted to hear that the List to Sold Price percentage is a fantastic 95.2%! This means you can expect to get great value for your property when working with me as your REALTOR®.

 

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by Karen Williams-deCastro- Realtor®, C2EX, RSPS, GRI, SRS, ABR, SFR, AHWD

Last year, one factor drove the real estate market more than any other: rising mortgage rates.


In March 2022, the Federal Reserve began a series of interest rate hikes in an effort to pump the brakes on inflation.1 And while some market sectors have been slow to respond, the housing market has reacted accordingly.


Both demand and price appreciation have tapered, as the primary challenge for homebuyers has shifted from availability to affordability. And although this higher-mortgage rate environment has been a painful adjustment for many buyers and sellers, it should ultimately lead to a more stable and balanced real estate market.


So what can we expect in…

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