A Wave of Cancellations Hits the Florida Housing Market as Deals Fail

Posted on by Chris J. | 9187 Views | 18 min read

Real estate property in Florida – Courtesy: Shutterstock – Image by Kristi Blokhin According to a recent Redfin research, as unsold properties begin to accumulate in certain of the state’s markets, Florida is witnessing the largest amount of property acquisitions that fail. The Significance of It Most real estate analysts predict that as inventory increases

‘Dominoes’ in the Florida and Texas housing markets have fallen, according to a real estate analyst

Posted on by Krystal S | 14685 Views | 16 min read

Beautiful Residential Home in Florida – Courtesy: Shutterstock – Image by Mike Focus While home prices in the Northeast are still rising, real estate consultant Nick Gerli predicts that a spike in inventory in Florida and Texas will lead to sharp price drops in the two regions’ housing markets. Texas and Florida “dominos have fallen,”