National Avg: In Q3 2023, 35% of U.S. home sales involved seller concessions. Florida Metros: Miami (35.4%) and Orlando (34.3%) align with the national avg. Tampa Surge: Tampa saw a notable rise, with 43.1% of sales involving concessions....
2024 Housing Market
The housing market is currently facing a number of challenges, including: - Rising interest rates - Limited inventory - High home prices However, experts predict that the market will remain stable or experience modest growth in 2024. Predictions for 2024 suggest avg home values to ↑ 6.5%, but affordability remains a concern....