Quote:
Originally Posted by justjim
Supply and demand. Too much supply and not enough demand is a buyers market. As mentioned in a major Florida newspaper, corporate real estate investors have already purchased several thousand Florida properties. How this will play out remains to be seen.
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MLS sales were up 11% in 2024 and VLS was up 3%. 4th quarter new builds had a record quarter. The homes sitting on the market are older homes that need work or people that have a fantasy on what they think their home is worth. A good home priced right will sell.