Happy And Sweet Mila Is Ready To Be Adopted
The happy and sweet Mila is ready to be adopted. Mila is our Mutt Monday dog this week. This gorgeous girl is truly special. Mila is happy, sweet and eager to please. She deaf and visually impaired, but loves her daily walks and makes a great cuddle pillow! Mila will need a very patient home that has lots of love to share. This two year old, 72 pound All American girl will do best in a home with no small children.
Florida Cities Where Homes Are Selling Below Asking Price
It’s a tough market to become a new homeowner. But on the bright side, there are some Florida cities where some homes are selling below their asking price. Some are even a quick drive from the Tampa Bay area. We got the list from Stacker, who analyzed data from Redfin. Their data shows sales from the month of December 2022.
The average 30-year fixed rate mortgage sits just above 6%. Even if it trends a half of a percentage point, it can have an outsized impact on the monthly payments required for a mortgage. Before mortgage rates started spiking, homebuyers were able to lock in rates that are far more affordable than what’s suddenly on offer in today’s environment. It also doesn’t help that sellers aren’t exactly coming down on price. In a lot of metro areas, home prices are still increasing.
And yet there are still metro areas where homebuyers are finding homes selling for below asking price.
One thing that could skew this data is something that’s happening here in many parts of Florida. People are ‘first listing’ at a ridiculous price just to see if they get lucky. If they don’t, 2 weeks later they lower the price. The point being, if you’re looking to buy you should be very skeptical of that ‘first listing’ price. After viewing the home, see if you can make a reasonable offer, who knows, you could get lucky!
Our list just includes the cities in Florida where homes are likely to sell under asking price. If you’d like to see how they match up to other metros in the country, click here for the full study.