Page 3 - Whitney Dutton News Today

Looking to make dinner plans? See what's new on South Florida's dining scene.

Looking to make dinner plans? See what's new on South Florida's dining scene.

Are condo prices dropping? Is there more inventory this year? What are the hot new developments? We explore the current condo market.

It's a different market than the one of the past two years. Buyers have more options, but prices are out of reach.

A growing number of sellers are wrestling with this decision as they now face the same pressure from rising interest rates that buyers have been struggling with.

The median sale price of homes in South Florida saw declines from month to month, according to the latest numbers from the Broward, Palm Beaches & St. Lucie Realtors.

With a new shift coming to the market, more owners are looking to sell their homes.

Early indications suggest a shift in the market could be coming as buyers have dealt with unaffordable prices for homes over the past two years.

Rising interest rates and higher home prices would normally cool a hot housing market, yet the national and local real estate scenes continue to run red hot.

A hot market, lasting longer than expected, is being driven by emotions, specifically a fear of missing out. But market experts say the resulting snowball effect is unsustainable.