CoreLogic’s June 2024 report highlights critical trends in the mortgage and housing markets. Key insights include a historically low mortgage delinquency rate of 2.6%, increased use of FHA loans for home purchases, and a rise in all-cash transactions to 37%. The report also notes that inventory levels are up 10% from 2023, yet still below pre-pandemic levels, and that home price appreciation remains steady, with some areas not yet returning to 2022 peaks. These factors contribute to a dynamic and evolving market landscape. For details on all 10 of the insights, check out CoreLogic’s report by clicking here.
Over 6 years, I’ve been a multi-million-dollar top producer with topnotch marketing, sales, and—above all else—a vast network and resources to achieve your real estate goals. I am a second generation Sarasotan and I love this city! I have since learned the intricacies of each neighborhood, each having its own unique and interesting history. Real estate is my true passion and I have built lasting relationships with many happy and satisfied clients. Let me be your local expert and help guide you through the market and process I know best. Let’s get on a call if you or someone you know is interested, my direct line is 941-284-0283.