Florida Housing Market Getting WORSE

Florida Housing Market Getting WORSE
A month after the federal reserve meeting and the Fed pausing on the rate increases, we are seeing mortgage rates hit the highest since November at almost 6.8%. This while lending changes making waves in the housing market. Then we are seeing investors pulling back on buying investment real estate in some Florida cities over 50%. But at the same time, we see Floridian consumer outlook back on the rise after a dip in April. So, what’s going on with all of this conflicting news. Well, that is what we are talking about today with Brent Starts from Unitas Lending.
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