Thursday s Afternoon Update | 4/15/2021
Hot housing market puts pressure on appraisers in Northwest Florida
According to national data, over the past 12 months, the median sales price of existing homes climbed 16%, going from $270,400 to $313,000. It s a perfect storm for sellers,” said Sandy Blanton, a broker at Team Sandy Blanton Realty, Inc. Low-interest rates, COVID kept people at home, fewer people wanting to sell their home for a long period of time, and population growth. Inventory levels are down 40-50 percent where they were a year ago. More from the WEAR.
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A lawmaker who represents Osceola County, where some of the working poor pile into rent-by-the-week motels, has filed a bill that would make it easier to kick out residents of affordable housing statewide.