Home Inventory Level in Juno Beach up 3% as of October 1st Almost everywhere one looks we find stabilization in the local real estate markets. The steep declines in inventory levels have abated. Interest rates have dropped and moderated after the Fed announced their decision to continue the current level of quantitative easing. Even the median home price increases have leveled off and while the year over year numbers look great we are not seeing much movement in the month over month numbers. However, almost everywhere, is not the same as everywhere and some concern should be shown for the significant drop is home sales and corresponding increase in the absorption rate we have seen over the past couple months. While it still appears that the drop is sales is due more to the lack of w...
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