Global economics continues to send waves of volatility throughout the US markets. How is it effecting our housing market? In the United Kingdom, one of my favorite places to visit. Their new PM Liz Truss stepped into office and immediately began sweeping tax cuts across the country. This greatly impacted their economy forcing the Bank of England to step in to buy up bonds to keep borrowing cost down and...
Today I wanted to compare today’s housing market from this time last year in Florida’s biggest cities. Jacksonville Housing Update: New Listings – Down 18.4% YoY Active Listings – Up 11.75% YoY Pending Home Sales – Down 33.46% YoY Median Sale Price – Up 18% YoY Median Sale Price – Down 3.5% From July Orlando Housing Update: New Listings – Down 11.2% YoY...
I now can't get "Where have all the Cowboys gone?" out of my head. You're most welcome. Lets move on... and my have things changed from a year ago today. This time last year I was working with more than a dozen serious buyers. As a good agent I was telling them to act fast and if our offer got accepted then we'll do our due diligence. Now I'm telling my buyers, if you can wait a few months I'd do so. Why...
Today we’re going to review housing data for each city in Volusia County.