Year End 2024: Florida Housing Report, Is the Market Crashing? 7 Crucial Factors to know now.

In this video, I discuss the current state of the South Florida real estate market, highlighting that closed sales are up 8% and the median sales price has risen to $640,000. I also point out that active inventory has increased by 27%, while pending sales have dropped by 13%. It’s crucial to keep an eye on price decreases and inventory levels as indicators of market trends. I encourage you to consider these factors when making decisions about buying or selling in this market. #kaplanmortgage #floridarealestate