CoreLogic identifies 4 Florida regions at risk of home price drops in the coming year. Factors considered are missed mortgage payments, unemployment, and income growth. Winter Park realtor observes no price decline in certain areas in the real estate market
Real Estate market remains relatively healthy with a stable foundation. Florida's population set to [↑](color-green) 11% by 2032, driven by domestic and foreign buyers.
Luxury home sales in South Florida increased significantly between Q1 and Q2. Luxury home sales above $1M [↓](color-red) 18.1% yearly.Q/Q sales for single-family homes above $1M [↑](color-green) 33.8%.
Florida's housing market in 2Q 2023 shows stabilization, with avg prices and inventory improving. Closed sales of single-family homes [↓](color-red) 7.9%, condo-townhouse sales [↓](color-red) 11% yearly.