Major Red-Hot Florida Metros Are Now Buyer’s Markets

SFGATE reports that Florida’s formerly “red-hot” metros—Miami, Orlando, Jacksonville, and Tampa—have tilted into buyer’s-market territory as inventory rises and homes sit longer, prompting more price cuts and negotiation room; Florida now holds roughly 15% of all active U.S. listings, yet solid job growth and continued in-migration underpin demand, meaning buyers get more leverage while sellers must price sharply and offer incentives. For more information click here.