Seeing asking prices tick down this fall isn’t just a headline—it’s what I’m watching unfold here in Duval County. Nationwide, we’ve seen median listing prices per square foot drop about 2% compared to last year, marking nearly a year of steady declines. After years of the market running hot, sellers are finally adjusting their expectations, especially as buyers face higher mortgage rates and a little more economic uncertainty. That means more folks are taking their time, weighing their financing, and making sure their next move makes sense.
For military and VA buyers, this shift matters. Sellers are a bit more willing to negotiate before the usual winter slowdown hits, and an expanded housing supply means you actually get to compare options—sometimes in neighborhoods that felt out of reach just a few months back. After helping so many military families find the right fit, I can say: now’s one of those windows where patience and a sharp eye for value really pay off.
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