November 16, 2023
Local senator proposes flood disclosures on home sales
Sen. Jennifer Bradley of Fleming Island filed a bill that would require property owners to tell buyers whether flooding has ever damaged a property.
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Sen. Jennifer Bradley of Fleming Island filed a bill that would require property owners to tell buyers whether flooding has ever damaged a property.
Fewer homes are selling; they’re sitting on the market longer; and prices remain high, according to the Northeast Florida Association of Realtors.
Higher interest rates have cooled the torrid real estate market on the First Coast. The region’s “affordability index” was the lowest on record in July.