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Florida’s Housing Market Is Showing Signs of Life-Here’s Why

Florida’s Housing Market Is Showing Signs of Life-Here’s Why

Florida’s housing market is beginning to rebound after a period of sluggish sales and falling prices, with recent data showing a 2% increase in new home orders and an 18% year-over-year surge in sales for move-up homes and active adult communities. Inventory levels are stabilizing, and median list prices remain about 10% lower than two years ago, helping to draw buyers back into the market. While challenges like high home insurance costs and a struggling condo sector persist, the overall outlook is improving as demand strengthens and price declines slow. For more information click here.

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