Florida housing market sees new high with 172,000 homes listed for sale

Florida’s housing market saw a big jump in inventory, with a 22.7% increase in homes for sale — the highest since 2012. Factors like rising insurance costs, new safety regulations, and strong home construction have pushed more owners to sell. Meanwhile, buyer demand has slowed, giving buyers more choices and negotiation power. In the Tampa Bay area, home sales rose while prices dipped slightly, showing a shift toward a more balanced market. for mor information click here.