Florida’s housing market, which had been among the weakest in the country over the last two years, is now showing early signs of leveling out as active inventory begins to decline in some of the hardest-hit areas, including Punta Gorda and Cape Coral.
The report says some Florida markets that saw steep post-pandemic price drops are now experiencing year-over-year inventory decreases. That does not mean the market is fully strong again, but it suggests the correction may be easing and conditions may be starting to stabilize. For more information click here.
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