This massive builder is lowering prices because the Florida real estate market is so fragile

South Florida – Housing Market – Courtesy: Shutterstock – Image by pisaphotography Homebuilders are starting the 2025 spring housing market more slowly than usual. The massive homebuilder KB Home, which is rated No. 545 on the Fortune 1000, informed investors that last month. Earlier in the month, the even larger homebuilder Lennar expressed a similar

Five Florida markets had a sharp decline in home sales faster than the rest of the country

Beautiful residential home in Florida – Courtesy: Shutterstock – Image by Mike Focus According to Redfin, over a recent four-week period, house sales in five Florida markets declined more quickly year over year than any other market in the country. Home sales are down 15.2 percent in Fort Lauderdale, 14 percent in Miami, 13.8 percent

Due to people relocating from neighboring states, Florida’s population now exceeds 23 million for the first time

Population growth – Image: Driving on South Florida highway – Courtesy: Shutterstock – Image by Julian Prizont-Cado According to state demographic projections, this year’s migration wave from neighboring states caused Florida’s population to surpass 23 million inhabitants for the first time. According to estimates provided earlier this month by the state Demographic Estimating Conference, Florida