Florida Housing Market 'at Risk' in 13 Different Cities

Thirteen out of the 15 housing markets at the highest risk of a home price correction in the coming months, according to a recent Parcl Labs study, are in Florida, where new inventory has been flooding in.Read more: How to Calculate How Much House You Can AffordThe Parcl Labs' team, which delivers real-time housing market data, analytics and research, analyzed around 1,000 U.S. housing markets to identify early signs of market stress that could lead to price drops.

Read more: How Much Is My House Worth? How to Determine Your Home's ValueIn Florida, the widespread possibility of remote work led to an influx of people moving from out of state chasing warm weather, sunny skies and cheaper taxes. The end of the health emergency and businesses' eagerness to get their workers back in the office meant a sudden slowdown in arrivals, as well as the departure of some of those who had already migrated to the Sunshine State.

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Florida Homeowners Hit With Housing Market Double WhammyHomes are remaining unsold for longer amid high insurance costs in the state.
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Florida Housing Market 'Getting Crazy' as Inventory TriplesThe rise of listings in the state is a sign that sellers are finally entering the housing market.
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Florida Homes Empty as Housing Market Tumbles in Some CitiesThe metropolitan area of Cape Coral and Fort Myers had the highest rental vacancy rate in the country, according to a Redfin report.
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