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Has Florida Housing Finally Hit Bottom? The Numbers Are Starting to Change

Florida’s August housing figures show softer sales, tighter inventory and prices holding steady. Is the market finding a new balance?

Has Florida Housing Finally Hit Bottom? The Numbers Are Starting to Change

For the last several years, Florida real estate has been trying to figure out what it wants to be. Booming? Correcting? Overbuilt? Unaffordable? A buyer’s market? The answer has depended heavily on whether you were standing in Miami, Tampa, Orlando, Jacksonville or a condo building facing another insurance increase. But the latest statewide numbers suggest something important. Florida housing may finally be leveling out. Not booming again. Not crashing. Just finding a new normal. SALES FINALLY HIT A SPEED BUMP…

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