Market Snapshot – October
Interest rates rose to 7% last month, inventory remained stable, and buyer demand continued to lag as many wait for rates to drop closer to 5%. With inventory surpassing demand, strategic pricing and robust marketing are essential for sellers, as properties are now taking longer to sell. For buyers, the upcoming season may present prime negotiation opportunities.
“There’s a critical need for strategic pricing and robust marketing.” – Dewayne Carpenter
640 Transactions in 2023 | #7 Team in the Nation | #1 Area Leader for Transactions & Volume | 770+ Waterfront Properties
Explore our curated list of active and sold Space Coast properties in the brochure below:
Upcoming Seller Seminar: New Commission Rules – Who Benefits?
Join us on Wednesday, November 20th at 6 PM for an in-depth look at the recent changes in real estate agent commission rules and how they impact sellers. Learn strategies to maximize your profits, understand the effects of the NAR settlement, and get insider tips on positioning your property effectively.
Limited spaces available! RSVP today.
