High interest rates are putting an unusual summetime damper on homes sales in Northeast Florida. Sales normally rise in June, but both closed sales and pending sales are down this year — a sign that interest rates around 7% are keeping buyers on the sidelines, according to the Northeast Florida Association of Realtors Closed sales […]
While the median price of a single-family home hit a record high in Northeast Florida in June, the real estate market is showing signs of slowing, according the Northeast Florida Association of Realtors June sales research. “Although the median price of single-family homes rose 1.3% over the region to $405,000, other factors indicate that the […]
