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Condos and Single Family Homes Tell Two Different Stories

Writer: Byron TaylorByron Taylor


In June we see Condo Months Inventory break through the 5 level to land at 5.4. Condo sales have definitely slowed as issues with assessments and insurance negatively affect some condo buildings causing uncertainty. Interest rates also spiked from 6.3 to 6.8 during June. Single Family Homes are showing strength and the rapid growth rate in the county continues.

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