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Florida housing market worsens: Port Richey listings up 248% YoY, builders abandoning projects.
Citizen Watch Report ^

Posted on 06/19/2024 11:22:54 AM PDT by davikkm

The Florida housing market has been experiencing notable shifts. While the overall state-level home prices have been steadily growing, there are specific areas where inventory has surged dramatically. For instance, in ZIP codes like Port Richey, located north of Tampa, listings have nearly tripled compared to last year, with a staggering 248% growth in listings year-on-year. This surge in inventory can indeed be a sign of a major selloff, which may impact prices in the second half of 2024.

(Excerpt) Read more at citizenwatchreport.com ...


TOPICS: Business/Economy
KEYWORDS: florida; housing; portrichey; realty
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To: nfldgirl

The condo fees have gone up because of the regulations enacted after the building collapse in Miami. They now must have reserve studies and funding at 100% by 2025 I believe. I know folks with assessments as high as their mortgage payment.


21 posted on 06/19/2024 7:03:24 PM PDT by lula (1984)
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