Dog days of summer have home-buying on hold

The median price of single-family homes in Northeast Florida inched up 1.3 percent to $395,000. July finished with closed sales of single-family homes down nearly 20 percent from June. “Interest rates, the cost of goods and services, and available supply are all factors in the decline in closed sales,” said 2023 NEFAR President Diana Galavis. Galavis also attributed the slowdo...

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