Скачать с ютуб Polk county housing market update 🏡 в хорошем качестве

Polk county housing market update 🏡

Market Conditions Polk county it seems Polk County is moving behind the state wide trend (based on July stats.) Sales for the sate of FL were down year over year in July; however, in Polk county they were up 4%. While FL's pending inventory is down 18%, and new pending sales is down 19%, Polk's pending inventory is up 7% and new pending sales is 3%. Polk county is showing signs of slowing down but not at the state wide rate. Median DOM has increased to 10 compared to 6 a year ago. Our inventory doubled in July and we expect to see that number increase by the end of September We are also seeing price improvements which is exactly what is suppose to happen. Here's a SIMPLIFIED example from a buyers perspective. You'll notice that in April a buyer could purchase a 350K property but due to the increase in rates, the same buyer need to adjust their budget to 295K. Therefore, forcing seller to adjust their pricing. Expired listings are also used to track the current market conditions and last month we have less expired listings than we did in Dec 2021. Overall we are in a good place to transact Real Estate. Sellers will have to price right at the beginning and buyers should consider options such as 5/1 arms. We are not crashing or putting a stop to buying a selling. Instead, we are paying close attention to trends to price correctly and working with lenders to offer options to buyers.