Florida housing market inventory spikes 1,000%. “It’s worse than 2008”.
A repeat of 2008 is hitting housing markets across Florida right now, with a massive spike in homes for sale and inventory which is putting excess supply on the market.
Access data on Reventure App for Florida’s Housing Market: https://www.reventure.app
The result is that home builders and investors across Florida – particularly in markets like Cape Coral, Sarasota, and Tampa – are beginning to slash home prices. By as much as 30-35% on certain listings.
The result is that Florida’s Housing Market has entered a big downturn.
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