
Buyer Demand Rising Florida 2025
Florida Buyer Demand Shows Early Signs of Strength
June 16, 2025 — Even as home sales remain near historic lows, mortgage activity is trending upward—an encouraging signal for Florida’s spring real estate market.
Growing Buyer Interest
Mortgage applications surged 20% year-over-year during the week ending June 6, according to the Mortgage Bankers Association—signaling renewed activity even though mortgage rates haven’t significantly changed (floridarealtors.org).
More Homes on the Market
Inventory is climbing too, with a 20% increase in listings compared to last year . Still, more available homes haven’t yet translated into a dramatic rise in closings.
Rates: Stable But Watched Closely
Freddie Mac reports that mortgage rates have stayed steady:
30‑year fixed: ~6.84% (down slightly from 6.85%)
15‑year fixed: ~5.97% (down from 5.99%) (floridarealtors.org)
Lawrence Yun and Joel Kan from national real estate organizations say if rates fall further—even near 6.5%—we could see a 10% boost in home sales (floridarealtors.org).
What It Means for Florida Buyers
Rising rates encourage more homeowners to list, increasing competition and choices.
Even slight rate drops could energize buyers currently on the sidelines.
As your local expert, I’m tracking these shifts—so when the market moves, you're ready.