Category: REAL ESTATE MARKET REPORT

BREVARD REAL ESTATE MARKET REPORT: Newly Listed Single-Family Homes Up 14.8% Compared to 2023

Brevard’s housing market started 2024 with higher median prices, more new listings, more inventory, and median prices in January compared to a year ago. However, mortgage interest rates above 6% continued to impact potential homebuyers’ purchase power, while also contributing to a lock-in effect among would-be home sellers who bought their homes years ago with a mortgage rate of 3% to 4.5%. […]

The post BREVARD REAL ESTATE MARKET REPORT: Newly Listed Single-Family Homes Up 14.8% Compared to 2023 appeared first on Space Coast Daily.