Home Worth Progress Slows, Stock Surges in Florida and Texas

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by Calculated Danger on 9/10/2024 08:22:00 AM

In the present day, within the Actual Property E-newsletter: ICE Mortgage Monitor: Home Worth Progress Slows, Stock Surges in Florida and Texas

Temporary excerpt:

The native knowledge I monitor is indicating that Florida and Texas stock is above regular, whereas stock continues to be low in many of the nation.

• Each main market has extra stock on the market that on the identical time final yr, with the most important enhancements within the state of Florida, together with particular person markets, together with Denver, Seattle, and components of Texas

• Greater than 1 in 5 markets are actually again to, or above, 2017-2019 stock ranges, with markets like Lakeland, Austin, San Antonio, Denver, and Palm Bay all having no less than 25% extra houses on the market than typical for this time of yr

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