Ponte Vedra Real Estate Blog

Receive the latest information and insights about the residential real estate market in Ponte Vedra Beach, including trends, tips for buyers and sellers, and news about new developments and communities.

Real Estate Market Update Spring 2024

Real Estate Market Update Spring 2024

As the NY Times reported recently (Apr 20, 2024), “something deeply unusual has happened in the American housing market over the last two years.” While most of us are aware that current mortgage rates are currently running at 7%, we may be ignoring the unprecedented underlying impact of the average American household fixed mortgage rates—that are fully 3% lower.
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