Is the Real Estate Market Stabilizing? Aug 2021 Market Update

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Have you ever thought about how incredible it is that a flamingo can stand on one leg? Think about it, these top heavy birds with scrawny legs are able to maintain their balance in spite of physics laws. They SHOULD fall over, right? Well, somehow, some way, the real estate market has started to stabilize in spite of being top heavy with prices rising the way they have over the past year. I call it the Flamingo market. Fitting, right? There are some signs that the market is getting a little worn out of carrying the weight of rising prices and limited inventory.

 

Brad Dohack | Gulf Pointe Properties | 239-839-1168 | Brad.HomeSearchinSWFlorida.com

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