
There's a great opportunity for today's homeowners to sell their houses and make a move, yet due to the impact of the ongoing health crisis, some sellers are taking their time coming back to the market. According to Javier Vivas, Director of Economic Research at realtor.com:
"Sellers continue returning to the market at a cautious pace and further improvement could be c...
As we enter the summer months and work through the challenges associated with the current health crisis, many are wondering what impact the economic slowdown will have on home prices. Looking at the big picture, supply and demand will give us the clearest idea of what's to come. Making our way through the month of June and entering the second half of the year, we face an undersupply of homes on the market. Keep in mind, this undersupply is going to vary by location and by price point. According to the National Association of Realtors (NAR), across the country, we currently have a 4.1 months supply of homes on the market. Historically, 6 months of supply is considered a balanced market. Anything over 6 months is a buyer's market, meaning prices will depreciate. Anything below 6 months is a seller's market, where prices appreciate. The graph below shows inventory across the count...
Now Is The Time To Own The Portofino Lifestyle
Portofino Island Resort is truly a world-class beach to bay experience unlike any other. The Portofino Lifestyle is a perfect balance of health, fitness, relaxation, recreation, and adventure which is why more people are choosing Portofino than ever before. Due to recent market adjustments, there is a once-in-a-lifetime opportunity to own your Portofino tower residence today at a historic value. Due to rising demand, evaporating supply, and rising rental rates, this opportunity won't last long!
Supply & Demand
Pensacola Beach will never be overbuilt. Our lack of supply is due to the DCA (depa...