Where Florida Home Prices Are Declining the Fastest

Florida Home for Sale — Courtesy: Shutterstock — Andy Dean Photography As inventory rises and buyers are suppressed by record high mortgage rates, rising homeowners association (HOA) dues, and rising house insurance prices, the Sunshine State is seeing some of the biggest price declines in the nation. According to the most recent data given by

In almost a dozen cities in Florida, home prices are declining

Florida Homes for Sale — Courtesy: Shutterstock — Andy Dean Photography According to the most recent data, purchasing a home is becoming more affordable in a number of Florida urban regions as inventory increases and demand declines, even though home prices are still growing nationwide. According to a recent National Association of Realtors (NAR) survey,

Florida residents leave the state as insurance rates soar by 900 percent

Insurance premiums – House in Florida – Courtesy: Shutterstock – Image by Mark Winfrey According to recent reports, Florida homeowners are considering selling their homes, canceling their insurance, and even leaving the state as a result of the state’s soaring insurance premium costs. The state has long been a popular vacation spot for many Americans,