Rising condo sales signal opportunity as Florida market stabilizes
Florida condo and townhouse sales rose 7% year over year in April, with pending sales up nearly 15%, giving agents new tools to re-engage affordability-focused buyers statewide.
Florida condo and townhouse sales rose 7% year over year in April, with pending sales up nearly 15%, giving agents new tools to re-engage affordability-focused buyers statewide.
Hot, yes. Exodus? Not yet. New research from Florida Atlantic University finds that extreme temperatures aren’t pushing residents out of Florida or other Sun Belt states.
Many first-time homebuyers still plan to purchase homes despite affordability challenges, with buyers increasingly willing to compromise on location, size and financing strategies to enter the market.