Florida Housing Market: Why It Didn’t Crash

Florida housing market data explaining why home prices did not crash. Tenpenny Real Estate

Why the Florida Housing Market Didn’t Crash Demand crashed. Prices didn’t. The Florida housing market crash many buyers expected never happened. Mortgage rates rose sharply, affordability deteriorated, insurance costs increased, inventory returned, and home sales fell dramatically. With so many pressures hitting the market at once, a significant decline in home prices seemed almost inevitable. […]