Florida faces a national housing oversupply, with one in seven U.S. homes listed there, 1.8 times its share of total housing stock. Overbuilding during the pandemic in the Sun Belt collided with reduced buyer demand due to affordability, climate risk, and high insurance costs. Miami is the most lopsided buyer’s market, with high price drops and rising foreclosures linked to costly insurance and taxes. Inventory is down 14% year over year but challenges remain.
With the recent changes to lending rules, Florida’s condo market is seeing a significant shift.…
After more than 30 years navigating Florida’s dynamic real estate landscape, I’ve seen how market…
A shift in consumer confidence is underway: by mid-Q3, Americans felt more optimistic about current…
After over three decades working closely with buyers and sellers, I’m seeing a notable shift:…
July brought another month of steady momentum for Florida real estate, marking the 11th consecutive…
Florida is considering significant property tax changes that could impact homeowners and investors alike. A…