Florida's housing bubble bursts! Prices fall and supply soars

Its warm weather, low taxes and relatively affordable housing market attracted a surge of Americans to during the pandemic, pushing up home values in the state.

But as prices stagnate and supply soars in some areas, it seems that Florida's housing bubble may have burst.

On the west coast of the state, the number of properties on the market is surging, and homes are taking much longer to sell, according to new from Redfin.

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