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Florida housing crash just got worse. 40% reductions on houses.

Home values on some listings in Florida have plunged by 30-40%. With pandemic appreciation levels wiped away. As the Florida housing downturn gains steam in 2024. Access the data for your area on Reventure App: https://www.reventure.app Home buyers in Florida have stopped purchasing due to a big increase in insurance and HOA costs. The result is that the number of homes for sale in Florida has skyrocketed, while price levels are now going down. In aggregate - prices are only down about 5% in many of the top real estate markets in Florida, including Tampa, St. Petersburg, Miami, and Orlando. However, there's more and more listings popping from desperate sellers where values are down 30-40%. Suggesting that the future of home price movements in Florida could continue to move down. --- Access Exclusive Data and Videos as a Channel Member:    / @reventureconsulting   DISCLAIMER: This video content is intended only for informational, educational, and entertainment purposes. Neither Reventure Consulting or Nicholas Gerli are registered financial advisors. Your use of Reventure Consulting's YouTube channel and your reliance on any information on the channel is solely at your own risk. Moreover, the use of the Internet (including, but not limited to, YouTube, E-Mail, and Instagram) for communications with Reventure Consulting does not establish a formal business relationship. Image(s) and/or Footage used under license from Shutterstock.com. https://www.shutterstock.com/ Additional stock footage provided by Envato Elements. https://elements.envato.com/