Florida's Top 3 Cities on the Brink of a Housing Market Crash
As unused stock accumulates throughout the state, According to a recent study by information services provider CoreLogic, three metropolitan areas in Florida are currently at a high risk of experiencing a housing market downturn this year. According to estimates from researchers within the organization, using figures from January, Winter Haven, Tampa, and West Palm Beach in Florida stand out as three of the top five U.S. markets to monitor in 2025 due to their substantial likelihood—more than a 70% probability—to experience decreases in prices. gudangmovies21 reached out to CoreLogic via email for their input on Wednesday. Why It Matters Following years of growth, the Florida real estate market is currently facing a downturn. The arrival of new residents from other states has significantly decreased since the pandemic began, and high costs continue to be a barrier for potential homebuyers seeking to achieve their dream of owning property here. Even though an in...