Florida Trend Real Estate

Florida’s real estate market is showing mixed signals as of July 2025. Cape Coral, once booming during the pandemic, now faces steep challenges with home prices down 11% in two years, increased foreclosures, and over half of listings seeing price cuts—driven by high insurance costs, property taxes, and reduced demand. Meanwhile, Florida’s “Forgotten Coast,” including Gulf and Walton counties, is gaining popularity among wealthy buyers seeking second homes, outperforming traditional hotspots like Miami. The state will also eliminate its longstanding 2% sales tax on commercial leases starting October 1, easing costs for businesses. Additionally, more seniors in South Florida are choosing to rent rather than own, using home equity or savings to avoid the burdens of property ownership. For more information click here.