The state is now solidly a buyer's market, but locals might have a hard time reckoning with the change as home price growth outpaces wages.

The Florida housing market is "on the brink" as home prices, homeowners' insurance, and property taxes have surged beyond what many can afford, according to a new report by Cotality, formerly known as ...

Florida housing markets are living out the old adage that “what goes up must come down.” The Sunshine State was one of the hottest pandemic destinations, as wealthy New Yorkers looked to Florida for ...

Florida’s housing markets were as hot as any after the COVID-19 pandemic began, but now they’re among the coldest. Housing markets have suffered from low inventory dating back to the financial crisis ...

The number of homes listed for sale in South Florida has risen to its highest point in nearly a decade — which ultimately could lead to some lower prices, real estate experts say. There were nearly 52 ...

The Florida housing market is "turning down fast," according to real estate analyst Nick Gerli, as sellers are increasingly offering reluctant buyers dramatic price cuts to convince them to close a ...

Back in June 2022, this home at 1137 Treasure Cay Court in Punta Gorda, Florida, was purchased for $985,000. Just one month later, home prices in the Punta Gorda metro area peaked, and the market ...

An older residential building is undergoing repairs to all of its balconies, Tuesday, Dec. 3, 2024, in Bal Harbor, Fla. Condo and home buyers may have an edge on sellers in South Florida. Average ...

This summary is reviewed by TRD Staff. South Florida’s housing market is facing challenges, particularly with older condo units, leading to declining sales and rising inventory. While the overall ...