The current housing market is still strong but is showing signs of cooling off, driven by climbing interest rates. The number of active listings and the length of time homes are on the market are climbing along with the interest rates, but homes are still selling at fair prices. Predictions are that the housing market is beginning to reset to a more buyer-friendly direction. Two factors driving our successful current housing market is that we are in an incredibly strong labor market driving wages up. Higher wages keep folks working later into their careers and the big plus; the current business environment offers folks the ability to negotiate remote working situations. Lately we have sold homes to multiple clients who move to Solivita and work remotely. Every client has said “It is Nice to work in the sunshine of Florida”, plus all are looking forward to a winter without a snowy commute. One of my clients said they love the ability to swim in the early morning or late afternoon while working remotely and maintaining a salary. Nice Gig and a Great way to ease into retirement. Lee and I are Looking forward to seeing you at the pool with your laptop.
