The Florida housing market is currently experiencing a significant change, with a substantial increase in available inventory. According to Jason Cooley of Atlantic Shores Realty, this shift in the market presents a great opportunity for potential buyers to negotiate and secure better deals on houses.

Market Trends

Cooley notes that while interest rates are high, they should not deter buyers, as they can always refinance later. He also emphasizes that the Treasure Coast offers a great value for the price, with buyers able to get more bang for their buck compared to other areas in the Northeast.

When it comes to advice for buyers, Cooley suggests not being afraid to make an offer on a house, as sellers often price their properties higher than they expect to get. He also recommends considering the prices of new houses being built in the area, as these can impact the resale value of existing homes.

For sellers, Cooley advises pricing their homes competitively, taking into account the current market conditions and the incentives being offered by builders. By doing so, sellers can increase their chances of selling their homes quickly and for a good price.

Original reporting: WPBF (Treasure Coast / Hearst) — read the source article.