Florida's Real Estate Market Faces Unexpected Decline and Future Uncertainty
TL;DR Summary
The US housing market is shifting, with Northern cities like New Haven and Norwich heating up due to limited inventory and rising prices, while Southern markets, especially in Florida, are cooling down as affordability issues and insurance costs deter buyers. The Bankrate 2025 Housing Heat Index highlights these trends, showing a reversal from previous years where Southern markets were dominant.
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