The Epoch Times highlights Jonathan Lickstein’s outlook on Florida’s spring housing market for 2025
Epoch Times
Real estate experts nationwide are predicting a more active spring market in 2025, with the National Association of Realtors forecasting moderate price increases and stabilizing mortgage rates. Jonathan Lickstein, president of Broward, Palm Beaches & St. Lucie Realtors®, emphasizes that despite reduced transaction volume and rising inventory, South Florida continues to attract buyers:
“If interest rates improve slightly, that would incite more transactions to occur from the pent up demand in our region,” he said. “Even with the reduction in transaction volume, prices have continued at a healthy pace of growth, with a 3.5 percent year-over-year increase of the median sales price across all south Florida counties.”
Although multiple offers and bidding wars have eased since the pandemic frenzy, Lickstein notes this shift may benefit buyers with more options and negotiating power—especially in areas like St. Lucie County and Lauderdale Lakes, both of which offer more affordable entry points into Florida’s housing market.