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Stability, Momentum Returning to Southwest Florida Housing

For the first time since February 2022, every segment recorded year-over-year gains in closed home sales. 

After several years of disruption caused by pandemic-era volatility, rising interest rates and storm recovery, the SWFL housing market is beginning to show encouraging sings of stabilization and renewed momentum. 

KEY POINTS:
• The Southwest Florida housing market is showing signs of stabilization after years of volatility.
• For the first time since February 2022, all regional market segments saw year-over-year gains in closed home sales.
• Closed home sales in February rose 23% compared to last year, while new listings declined.
• Current market conditions offer opportunities for both sellers and buyers in a more balanced environment.

Read The Full Article Here

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