Welcome to our series "State of the Marketplace" - May 2023, Episode 25.

In our latest episode of SOTM, "Inventory Continues To Direct The Market", Dewayne Carpenter, Team leader at The Carpenter Kessel | Compass Homeselling Team, discusses how we are not seeing the normal yearly cycle in inventory, where it typically peaks in October. Inventory has remained steady with just 2,000 homes on the market, meaning that sales have outpaced the number of new homes on the market.

Learn why that matters to sellers and how they see real estate success.

00:00 - Intro
00:06 - Brevard County real estate home inventory cycle
00:35 - Sales have outpaced the number of new listings
00:50 - Why home sellers are staying put for now
01:01 - How the debt ceiling impacts rates
01:36 - How rates drive buyer demand
01:56 - Brevard County real estate home prices
02:02 - What types of properties are selling in Brevard County real estate
02:25 - What's keeping Brevard County real estate home prices stable
03:25 - How to sell your Brevard County home in 30 days
03:39 - When is a good time to buy a home

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* Melbourne FL Real Estate Agents Specializing in Luxury Waterfront Homes for sale in Brevard County & the Space Coast.

dewayne carpenter,kirk kessel, carpenter kessel, compass real estate, space coast realtor, brevard county realtor, waterfront realtor, state of the marketplace, SOTM

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