Extreme Weather is Hurting Home Prices in Florida

By Douglas McIntyre  •  January 5, 2025

Douglas McIntyre discusses the recent drop in U.S. home prices, focusing on Florida, where cities like Miami, Tampa, and Orlando have seen significant declines. He attributes the decrease to extreme weather, making home repairs expensive and home insurance difficult to obtain. These challenges disrupt the housing market by limiting mortgage access and making home sales harder, ultimately driving prices down.

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