The UnAffordable Florida Housing Market is About To Get Worse in 2023
The UnAffordable Florida Housing Market is About To Get Worse in 2023
Here we are at the beginning of March and the Housing and financial Data in the news just keeps getting worse. Gas prices and mortgage rates are back on the rise, but the Florida Housing Market continues to see prices increasing despite increased inventory and higher interest rates. At the same time, we've seen weekly mortgage demand decline as interest rates edge back towards 7%. How will this affect the Florida Housing Market going forward? Should you Buy Now or Wait for Prices to Collapse? In this video, we discuss Florida real estate along with what I'm seeing in the Palm Beach County and Treasure Coast, and what the heck is going on in the Port St Lucie Housing Market.
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Lee: 561-460-8888 or Lee@BrickeyTeam.com
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