The jump in listings of homes for sale in Florida points to a market that is about to experience price declines and sellers entering the market, a real estate analyst pointed out on Tuesday. Nick Gerli, CEO and Founder of real estate analytics firm Reventure Consulting, pointed out in a series of posts on X, formerly Twitter, that housing prices in the Sunshine State could be on the way down. "This...
ORLANDO, Fla., April 21, 2023 /PRNewswire/ -- Florida's housing market in March and the first quarter (1Q) of 2023 had more for-sale inventory (active listings) and higher median sales prices compared to a year ago, according to Florida Realtors ' latest housing data. "Buyers in Florida remain challenged by mortgage rates above 6% and economic pressures like inflation," said 2023 Florida Realtors...
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