A confluence of decreased homebuying and increased housing stock has created a perfect storm for would-be sellers in the Sunshine State.
Home purchases are falling through at a growing rate in parts of Florida where supply is piling up, per a new Redfin report.
Florida ended January with 172,209 homes for sale—the highest inventory of any month on record, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. That’s up 22.
As of February, Tampa’s median rent is approximately $1,773, one of its lowest points since October 2021. In contrast, the national rental market has started to stabilize, with the median U.S. asking rent rising 0.4% year-over-year to $1,607 in February — the first increase in six months.
13don MSN
Florida condo HOA dues and special assessments have skyrocketed in recent years due to new legislation. Here's where they're the lowest.
Florida recently saw the highest number of homes listed for sale in the past 13 years, with more than 172,000 homes available on the market, a new analysis shows.
A Redfin analysis shows investor home purchases down nationwide to end 2024, with Florida experiencing the most dramatic decline.
Investment in the U.S. homes market fell to its lowest level in nearly 10 years as real estate investors picked up 47,004 homes during the fourth quarter, a 3.9% year-over-year decrease. This is the biggest decline in a year, according to a Redfin analysis of county-level home purchase records across 39 markets.
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