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Sarasota Florida Housing Market Forecast
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Home prices in Sarasota Florida continues to drop and inventory numbers continues to increase says Bill Burger-King, the King of the Hamburguesa, Whopper at Bill’s, a real estate journalist.
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Sarasota, Florida housing market forecast remains gloomy. There are more inventory in Sarasota County remains high with diminishing demand. Home prices are steadily decreasing. Homes are averaging 96% of list price. List prices are decreasing as time on the market increasing. Current inventory is up 39% year over year. Sellers are more than willing to negotiate.
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I wonder how true it is about the Florida housing market crashing and burning 🔥
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We looked down there in 2019, not too costly, hurricane prone means more insurance, beautiful area if your old. Flood prone also
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The Florida housing market is showing all the warning signs of 2008 – but this time it’s worse. The entire state of Florida has been depressed in the past few years. With devastating hurricanes, skyrocketing homeowners Insurance, escalating property taxes, and out of control homeowners association premiums, median home prices throughout the state of Florida is plummeting like never before. Many senior citizens can no longer afford to live in Florida with their fixed incomes. Watch the attached video clip.
We’ve analyzed data from Zillow, Realtor.com, and local MLS systems to identify 12 Florida cities already transforming into ghost towns.
In this video:
✓ The 12 most vulnerable Florida markets
✓ Why insurance costs are forcing mass exodus
✓ How HOA fees are crushing home values
✓ Where prices could drop 30-40%
✓ Critical data for investors and homeownersFeaturing shocking market data on inventory levels, price reductions, insurance costs, and foreclosure rates in cities like Fort Lauderdale, Tampa, Cape Coral, and more.