Florida real estate market continues to evolve

Florida real estate market continues to evolve

Florida’s real estate market is currently experiencing a shake up: There is more inventory, meaning more homes for sale, but fewer motivated buyers.

South Florida's Pandemic Real Estate Boom is No Longer - S. Florida Business & Wealth

According to a new report from Cotality, the number of homes for sale across the tri-county area of South Florida is at its highest level in nearly 10 years. Cotality chief economist Selma Hepp told The Daily Mail that “the last 25 years have seen home prices, homeowners’ insurance and property taxes surge in Florida. When you add in the unflagging migration that is straining the state’s public services and inflated costs across the board, the p…