Leaving Florida 7/24/26

Summary

The segment discusses the cooling Florida housing market, with high inventory, rising insurance costs, and increasing price cuts, particularly in Tampa, though Miami remains active. It notes a reversal of pandemic-era migration patterns.

• Florida's housing market is showing signs of weakness with active listing price cuts above the national rate.
• One in seven homes in Florida is currently on the market, indicating high inventory.
• Rising insurance costs and out-migration are contributing to the market softening.
• The Tampa area is experiencing the most significant problems, while Miami continues to attract buyers.
• The segment references pandemic-era buyers who paid inflated prices and are now struggling to sell at a profit.