Our Real Estate Market in Real Time

Saturday, April 16, 2022   /   by Trish Wheeler

Our Real Estate Market in Real Time

Today the market is still very much a Seller's Market.  Sellers are basically calling the shots on what they want for their property.  There is still a shortage on inventory for homes and condos.  People are asking is there going to be a bubble?  My opinion is NO! This market is not like the financial crisis we saw in 2007 and after.  At that time Lenders were giving loans to anyone who could breathe.  What is happening now is totally different.  Lenders are alot more cautious in their loan process.  They are requiring more down payments for condos and second homes which creates equity.  The problem our market is having now is low inventory because we have had an influx of people moving to our beautiful State of Florida.  Rates are going up, but the demand is still there.  This may cause the market to stabilize somewhat on prices, but the inventory will take a while to come back.  I hope this information is helpful to you today.
The Wheeler Sauls Group
Taylor Sauls | 850-630-8377
Trish Wheeler | 850-527-2275
7923 Panama City Beach Pkwy
Panama City Beach, FL 32407

The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker are marked with either the listing Broker's logo or name or the MLS name or a logo provided by the MLS. Detailed information about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Florida Association of REALTORS® and its cooperating MLSs do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Data last updated September 25, 2022

IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. Vendor Member Number: 28179

The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker are marked with either the listing Broker's logo or name or the MLS name or a logo provided by the MLS. Detailed information about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Florida Association of REALTORS® and its cooperating MLSs do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Data last updated September 25, 2022
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