In my decades of working with Space Coast buyers and sellers, I’ve seen market cycles come and go—but the latest trends in home construction are especially telling. Single-family home building continued to lag in the second quarter, with high costs and rising interest rates making it challenging for many would-be homeowners. Interestingly, there’s been only modest growth in smaller metro areas, where some buyers are still managing to make moves.

On the other hand, multifamily construction is seeing notable momentum, particularly in core and suburban neighborhoods of major cities. That growth is fueled by intense rental demand—something I’m tracking closely as it shapes both investment opportunities and lifestyle options for my clients. Navigating these shifts takes a nuanced approach and a keen understanding of local dynamics—a skill set I’ve refined over 35 years right here in the Space Coast market.