The headline said “rate cut.” Your lender said “higher payment.” November brought another reminder that mortgage rates don’t follow the Fed—they follow bonds. After two recent Fed cuts, rates briefly dipped near 6.13% before rebounding to around 6.33%. Inventory continues to thin across the Space Coast, but not because of a buyer surge—it’s from sellers choosing to wait rather than adjust to current comps. With strong equity and low pressure to sell, patience defines today’s market.

For sellers, evidence-based pricing and wide exposure remain key. For buyers, the right move still comes down to readiness, not timing the market. Dive into our full November analysis for data, insight, and on-the-ground perspective.