We're seeing some interesting shifts in the real estate market lately. Over the four weeks ending August 23, new listings across the US rose slightly—up 0.4% week-over-week—and total homes for sale increased 0.5%, reaching the highest level since early spring. While more inventory is becoming available, pending home sales dipped 1.1% to a six-month low, largely due to high housing costs that are keeping many buyers on the sidelines even as choices improve. The median home-sale price is now up 1.9% year-over-year, still above $400,000, and average mortgage rates are hovering around 7%, near a 13-month high.

With more homes on the market and a bit less competition from buyers, there’s more flexibility out there for those actively shopping—you might find room to negotiate price cuts or seller concessions, especially on homes that have been listed for several weeks. As someone who’s been passionate about helping clients navigate changing markets for over twenty years, I always emphasize the power of realistic pricing and strategic negotiation. Whether you’re considering a move, a sale, or simply want to understand your options, it’s a great time to explore what’s possible with the right guidance.

As someone who has been deeply involved in Florida real estate for over twenty years, I’m always watching for signs that the market is shifting—and lately, I’ve noticed some encouraging trends right here in our state. Inventory is trending lower, which means more buyers are stepping up and homes are being absorbed more quickly. That’s often a sign of a stabilizing market. It’s also worth noting that homebuilders are seeing their backlogs rise again, pointing to renewed demand and more confidence in future projects. On top of that, job growth in Florida is beginning to tick upward, and goods-producing employment is expected to turn positive after 2025. For those of us who call Florida home, these changes matter—not just for current homeowners but for anyone considering their next move. I’m passionate about helping clients navigate these shifts, whether you’re buying, selling, or exploring investment opportunities. A healthy market means more options and a stronger foundation for our communities.

As someone who’s been deeply involved in Florida’s real estate market for over twenty years, seeing signs of recovery here is both encouraging and energizing. Recently, we’ve noticed inventory levels moving lower—a classic signal that buyers are absorbing homes and the market is stabilizing again. Homebuilders are also experiencing increased backlogs, pointing to stronger demand than during the recent slowdown. On top of that, job growth is starting to trend upward, especially in the goods-producing sectors as we look toward 2025 and beyond. These shifts create a positive backdrop for anyone considering buying, selling, or investing in Florida real estate. For those of us who live and work in this market every day, these are the kinds of shifts we watch closely to help our clients make confident decisions. I continue to keep a close eye on these developments to ensure my clients are always a step ahead.

Labor Day in the United States celebrates the contributions of workers everywhere, while also unofficially marking the final big summer weekend before fall takes over.
It’s known for backyard barbecues, road trips, and that classic tradition of buying things you didn’t know you needed because “it’s on sale.”
Beaches, parks, and grills reach peak activity as everyone tries to squeeze every last drop of summer fun out of the long weekend.
Happy Labor Day! Wishing you a fun, easygoing weekend filled with good vibes, great food, and absolutely no thoughts about Monday.