Real Estate Minute with Zalunardo Steven

  Monday, Jul 18, 2022

Happy Monday Morning!

Reporting from Florida current inventory 16243 units with 772 units selling similar numbers to the last 2 weeks.

I'm currently carrying 11 listings with action in some communities and no action in others, its interesting to watch the migration of buyers and what there looking to purchase and what there not willing to purchase. Clearly price will always be the issue and will only be the cure to cause the home to sell.

Also watching the Florida market and there constant price adjustments on there current listings, the Florida is adjusting slowly but not as aggressive as the Toronto Market. It looks like the houses that have been paid in cash or have small mortgages are not on the market or budging on there prices but its the over leveraged units logically seem to be making the adjustments more frequently.

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