After Huge Hurricane hits, Florida is awash in Homes for Sale at Bargain prices

After years of attracting people seeking better weather and lower taxes, Florida’s housing market is facing an oversupply due to reverse migration caused by extreme storms. A recent study identifies the Sunshine State as one of seven states with too many houses, with Louisiana also on the list due to its history of tropical storms. The shift is expected to result in a significant drop in real estate prices, particularly in vulnerable areas like Tampa and St. Petersburg. A silver lining: Those still considering a move to Florida could find attractive bargains in coming months.