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William769

(59,147 posts)
Sat Mar 29, 2025, 01:13 AM Mar 2025

More home sales are being dumped on the market in Southwest Florida creating a buyer's market. [View all]

CAPE CORAL, Fla. —
A new report warns that Florida cities are at very high risk of a housing market crash or decline.

According to CoreLogic, those cities at risk of a crash include Tampa and West Palm Beach.

Lee and Collier counties have a growing number of homes being dumped onto the market for sale.

The housing market in Southwest Florida is saturated with homes for sale. It’s taking sellers months to sell and creating anxiety for many.

Mike Ruggles of Cape Coral has had his home listed for nearly 50 days and there are still no buyers.


https://www.gulfcoastnewsnow.com/article/swfl-homeowners-lower-home-prices-sell/64277088?lid=kyxqfaqt6fun

I live in North Fort Myers. They also forgot to mention yes, we are still recovering from IAN!

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Homes in Fla are becoming uninsurable do to climate change so it will only get worse. Many are coming to my state which ImNotGod Mar 2025 #1
What State is that if you don't mind me asking? William769 Mar 2025 #2
Michigan. We are supposed to be a climate change oasis state. I read a while back that many of our new residents ImNotGod Mar 2025 #3
Thank you, I have a Brother & Sister that live in Michigan. William769 Mar 2025 #4
Yes, the winters are way too long but the summers are so beautiful it almost makes up for it ;o) nt ImNotGod Mar 2025 #5
I remember our parents taking us their in the Summer time. William769 Mar 2025 #6
not even close.....life long Michigander democratsruletheday Mar 2025 #34
DeSantis acts like he created a paradise Demovictory9 Mar 2025 #7
He has. William769 Mar 2025 #8
Won't be much of a paradise if people leave. ananda Mar 2025 #35
If I were to move back to North America DFW Mar 2025 #9
When my brother was in the Army in the late 80's early 90's William769 Mar 2025 #10
Well, Frankfurt is a safe bet. DFW Mar 2025 #15
Well thank you for the tour of that part of Germany. William769 Mar 2025 #17
NYC, if you can afford it, is awesome for seniors C_U_L8R Mar 2025 #29
I've put away enough to have a chance at finding a decent place DFW Mar 2025 #31
And you don't need a big place there C_U_L8R Mar 2025 #33
I believe the whole market is going to crash SheltieLover Mar 2025 #11
I think it is too. :( William769 Mar 2025 #13
I've got my mask on but can't sleep either SheltieLover Mar 2025 #16
Thank you SheltieLover William769 Mar 2025 #18
What's it to the nurses? SheltieLover Mar 2025 #32
I should also mention that when Ian hit, I took almost a 50% loss on that house, majority if that was principle. William769 Mar 2025 #12
.... yardwork Mar 2025 #36
My Florida brother will be happy Tickle Mar 2025 #14
I was there last week mercuryblues Mar 2025 #19
Agreed. William769 Mar 2025 #20
IMO, if you buy a house in FL, even discounted, you had better have no_hypocrisy Mar 2025 #21
I couldn't agree more. William769 Mar 2025 #22
Florida population had been increasing, not decreasing n/t MichMan Mar 2025 #23
"Buy now. Don't trust the 'lib fibs' about climate change." - G.O.P., Inc. BoRaGard Mar 2025 #24
My neighbor snowybirdie Mar 2025 #25
My house has been on market for 35 days. Buyers have pick of litter FloridaBlues Mar 2025 #26
Canadian snowbirds selling their condos? Freddie Mar 2025 #27
No insurance. No FEMA. No climate control. C_U_L8R Mar 2025 #28
Insurance cost Emile Mar 2025 #30
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