Reply to Are people still moving to Florida?

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[quote=Anonymous][quote=Anonymous]I read an article within the last couple months that said that the pandemic boom of moving to FL is over. Now FL is just seeing regular influx, which is still a lot of people because people have always moved to FL for retirement, work, etc. However, population growth wasn't actually a lot during the pandemic because the birth rate was much lower and the death rate much higher than average. Now there's little to no population growth and a forecasted growth of just over 1% over the next several years.

I'm house hunting in Central FL, and there's a disconnect between buyers and sellers right now. Sellers still want close to peak pricing but buyers won't pay it, so homes are just sitting. Lots of homes that go under contract go back on the market. Prices have softened here and I'm betting that they'll continue to fall quite a bit more. They went up so much during the pandemic, so there's a lot of room to fall.[/quote]

I am seeing the same. I assume the properties don’t appraise and buyers can’t get loans. [/quote]

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