Last year, South Florida’s housing market saw very little supply and higher demand. At the time, the real estate market saw sellers making massive profits off homes in a short timeframe.
Fast forward to one year later and there’s different story. The housing market is now seeing a new trend of sellers taking their homes off the market. South Florida is leading the nation in this new trend.
According to Realtor.com, in the month of July, for every 100 homes posted for sale, 59 listings were removed in the Miami-Fort Lauderdale-West Palm Beach metro…