1 year ago

Welcome to the Corey Team's Real Estate Update, your go-to source for the latest insights into the dynamic Southwest Florida housing market. 🌟

🔍 Market Overview:
Despite a 60% YoY dip in total sales volume and a 20% decrease in closed sales, there's optimism in the air. Southwest Florida is experiencing a surge in new listings, up by an impressive 40% YoY. With the median sales price holding steady at $400,000 and a 7.1 months' supply, let's dive into what this means for you.

💼 Buyer's Market Unveiled:
We're officially in a buyer's market, presenting incredible opportunities. Offers are coming in at 85-90% of the list price, and heightened buyer activity spans various price ranges, including the $1 million plus range, where cash buyers are active participants.

🏠 New Construction Boom:
The game-changer? New construction is on the rise! Builders are offering slashed prices, low teaser rates, and closing cost credits, making it the golden moment for those dreaming of calling Southwest Florida home.

💰 Financial Incentives:
Exciting news! The Florida Hometown Heroes program now offers up to $35,000 in closing cost assistance, accessible to most Florida residents employed by a brick-and-mortar business in the state.

📉 Smart Move: 2/1 Buydown Rates:
Secure your dream home with 2/1 buydown rates – a savvy strategy saving up to 20% in your first year. An excellent choice while waiting for favorable rates to refinance.

🤝 Your Trusted Real Estate Expert:
As your dedicated real estate expert, I'm here to guide you through these opportunities. Whether you're a first-time homebuyer, aspiring luxury homeowner, or intrigued by new construction, consider me your go-to guide.

📩 Connect with Kent Corey:
Feeling the excitement? Reach out with your questions or delve into your real estate goals. Let's seize the day in this dynamic market together!

📞 Contact Information:
📞 239-410-9075
📧 [email protected]
🌐 TheCoreyTeam.com

🌅 Here's to your next chapter in Southwest Florida – where dreams find their home. Until next time! #RealEstateUpdate #SouthwestFloridaHomes #KentCoreyRealty #CoreyTeamRealty

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