Home prices continue to rise in Florida

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If you are considering moving or investing soon, you are probably very interested in knowing what will happen to property prices in the future. Today we will dedicate this post to give you a general context of the current real estate market.

The immediate trend, according to the latest statistics, is for property prices to stabilize, but not for long, since the low availability of inventory causes prices to rise constantly.

Although there are more properties on the market today, the available inventory is still low. below the average of previous decades, as indicated by the following graph, whose data is extracted from the census.

As if a low housing inventory were not enough, current living conditions mean that demand is increasing, more and more millennials are looking for houses where they can establish their home, this is what They add financial facilities that have benefited many first-time buyers and investors, including foreign buyers.

Increasing demand and limited inventory are the ideal combination for the constant increase in prices to be a reality like the one we experience today. If you are waiting for prices to drop to buy or invest, it could be a big mistake, always seek help from a professional.

Contact us and let's analyze the possibilities you have in the current market, despite these being difficult times, the opportunity is still open for you to make your real estate dreams come true, whether you are looking to buy or invest, we can help you. provide specialized real estate advice. More than 11 years of experience in the real estate market in South Florida. Contact us here.

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