President Jonathan Lickstein shares his thoughts on July’s housing market decline
Palm Beach Post
Palm Beach County saw another market decline in July. Although prices of single-family homes are dropping, real estate investors are hopeful that these market trends will regulate with potential interest rate cuts.
Jonothan Lickstein, president of Broward, Palm Beaches & St. Lucie Realtors®, spoke with The Palm Beach Post, stating that “the decrease in value we are seeing right now is very healthy. Interest rates are still a concern, but we are literally one change in interest rate to going into another competitive buyer market.”