The Sunshine State Faces a Reckoning as Housing Costs, Insurance Rates, and Inflation Take Their Toll
Fla. News Network —Florida’s once-sizzling housing market is now facing a severe downturn. A decade of appreciating values and increased demand left the state poised for an imminent major reset. Economic, environmental, and policy factors contributing to an erosion of resilience in the market have brought on the sudden deflation of the bubble in Florida, according to an analysis by housing analytics company Cotality.…