Article Summary:
– Texas and Florida are experiencing stagnant home prices due to a surge in housing inventory.
– The increase in supply is not being met with a proportional rise in demand, leading to the stagnation of prices.
– Despite the high cost of housing, the surplus of available homes is preventing prices from falling.
Closing Thoughts:
It seems like in Texas and Florida, the housing market is playing hard to get – lots of options, but no takers. Perhaps it’s time for homes to start wooing potential buyers with some sweet deals!
Original article: https://www.biggerpockets.com/blog/on-the-market-213


Leave a Reply