Buy-Buy, Seller’s Market? South Florida’s Summer Housing Market Update
Posted by Brian Pearl on
Though typically not a busy time in the South Florida market, the 2021 summer season has kept the momentum going from the beginning of this year. In fact, national statistics stemming from the week leading up to the 4th of July indicate that housing is still a hot commodity across the nation!
However, there were signs indicating some relief may be within sight, though buyers shouldn’t celebrate quite yet, as the data discrepancies could be attributed to the lead up to the holiday weekend.
Overall, the data demonstrates more of the same—fewer new listings, and historically high home price growth. Both of these aspects mean a tough environment for buyers without the ability to offer top dollar or make a quick purchase decision. However, there are…
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