May 1, 2025 - 09:10
In March 2025, the Space Coast real estate market continues to show dynamic trends, reflecting a mix of opportunities and challenges for buyers and sellers alike. Real estate expert Bobby Freeman provided insights into the current state of the market, highlighting key factors influencing property values and buyer behavior.
The region has experienced a steady increase in demand, driven by the ongoing growth of the aerospace and technology sectors. This surge in interest has led to a competitive environment, with homes often receiving multiple offers shortly after listing. Freeman noted that the average home prices have risen significantly compared to last year, indicating a robust market.
However, potential buyers are facing hurdles, including rising interest rates and limited inventory. These factors are prompting many to act quickly when a desirable property becomes available. Freeman emphasized the importance of staying informed and prepared in this fast-paced market, urging buyers to work closely with experienced real estate professionals to navigate the complexities of the current landscape.
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Mortgage Rates Dip: 30-Year Fixed Rate Down 10 Basis PointsIn a noteworthy shift in the housing market, the average 30-year mortgage rate has decreased by 10 basis points, settling at 6.72%. This decline may influence potential homebuyers who have been...
August 9, 2025 - 04:04
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