In Florida, many people come to settle down and retire after their long-lived lives. This can cause a drop in homes being available in Florida over the next decade or two.
We are diving into a topic at large with historic lows from first-time buyers. Yearly, the National Association of Realtors® (NAR) releases its 2019 Profile of Home Buyers and Sellers. This goes into detail about the demographics, experiences, and preferences of the buyers and sellers across the United States.
When it comes to sales we’ve seen more this year than we did last year. When we look at the condo-townhouse market, total sales closed was 29,539 in 3Q. That total was up 2.2% from last year’s 3Q.
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