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In this article, we will take a closer look at the current trends and what they mean for the Florida housing market.Īccording to the recent report by Florida Realtors, single-family home sales in January 2023 were down by 32.5% compared to the same period in the previous year, a trend that has persisted for several months. Despite the challenges, the market has seen a significant increase in end-of-month inventory levels for both categories, albeit still short of pre-pandemic levels. The Florida housing market has continued to face challenges caused by rising mortgage rates, resulting in a decline in both single-family and townhouse/condo closed sales. New Jersey Housing Market: Prices, Trends, Forecast 2023.Fort Lauderdale Housing Market: Prices & Forecast 2023.45 Secret Websites & Ways to Make Money Online in 2023.Colorado Springs Housing Market: Prices & Forecast 2023.Vancouver Housing Market: Home Prices And Forecast 2023.Chandler Housing Market: Prices, Trends, Forecast 2023.California Housing Market: Prices, Trends, Forecast 2023.Orange County Housing Market Forecast & Trends 2023.Toronto Housing Market: Prices, Trends, Forecast 2023.Fed Chair Powell Expects More Interest Rate Hikes in 2023.New Senate Bill Targets Executive Compensation Amid Bank Failures.Bay Area Housing Market: Prices, Trends, Forecast 2023.San Jose Housing Market: Prices, Trends, Forecast 2023.US Housing Market 2023: Trends and Insights.How Rising Interest Rates Affect Real Estate Investors.Projected Interest Rates in 5 Years: How Much Will Rates Rise?.
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