Skyrocketing Insurance Costs, Stubborn Seller Pricing, and New Condo Laws Reshape the Sunshine State’s Real Estate Landscape
Fla. News Network — Florida’s once red-hot housing market is cooling rapidly as 2024 unfolds, with a surge in inventory and economic headwinds pushing the state toward its first buyer’s market in nearly a decade. As 2025 unfolds, Florida’s housing market is experiencing a significant shift. Experts predict that the state will transition into a buyer’s market for the first time in years. High interest rates, stubbornly high prices, and a surging increase in housing inventory contribute to this change.…