Where is the Pensacola Market Headed and Who Could Benefit?

Real Estate Broker/Owner with Charles Stallions Real Estate Services

Pensacola market will show signs of slowly slowing there will still be a lot of homes sold and various financing tools will be used for sure but the winners will be buyers who realize that buying is still better than renting and refinancing down the road will pay off in high equity. 

  • Want to know what experts say will happen in Pensacola for the rest of 2023? Home prices are already appreciating again in many areas. The average of the expert forecasts shows positive price growth.
  • Where Pensacola mortgage rates go for the rest of the year will depend on inflation. Based on historical trends, rates are likely to ease as inflation continues to cool.

Even though low inventory for the nation continues to be a challenge, experts project that 5 million homes will still sell this year. That pace should pick up if rates come down.

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Comments (2)

Bill Salvatore - East Valley
Arizona Elite Properties - Chandler, AZ
Realtor - 602-999-0952 / em: golfArizona@cox.net

Great information. Thanks for sharing and enjoy your week!

Bill Salvatore, Realtor- Arizona Elite Properties

Sep 12, 2023 06:32 AM
Kristin Johnston - REALTOR®
RE/MAX Platinum - Waukesha, WI
Giving Back With Each Home Sold!

Great post!  Thanks for sharing and enjoy your day!

Sep 12, 2023 06:35 AM