How Have Home Prices Impacted The Market?

Well… Demand, inventory, and sales volume are down.

Which probably makes you think we’re on the brink of some deep price declines, huh?

Prices are coming down.

But here’s the thing… in 2008, 30% of homes were upside down. At the end of 2022, that number was less than 2%. 

So you’re likely not going to see catastrophic price declines going on.

Instead, we’re actually moving towards healthier market correction.

Want to learn more about where your current home fits into all of this?

Reach out, that’s what I’m here for.

Your Palm Harbor Realtor,⁣

Kelsi Ward⁣

The Fazzini Group | ReMax Realtec