15 Housing Markets at Risk: Florida Takes the Spotlight
Parcl Labs recently conducted an in-depth study to identify housing markets with the highest risk of home price corrections. The results are eye-opening, especially for Florida, where 13 out of the 15 markets labeled as "at risk" are located. The Risky Markets: Here are the 15 markets that Parcl Labs has flagged as having the highest correction risk: 1. Crestview-Fort Walton Beach-Destin, FL 2. Daphne-Fairhope-Foley, AL 3. Deltona-Daytona Beach-Ormond Beach, FL 4. Gainesville, FL 5. Homosassa Springs, FL 6. Lakeland-Winter Haven, FL 7. Miami-Fort Lauderdale-Pompano Beach, FL 8. Myrtle Beach-Conway-North Myrtle Beach, SC 9. Naples-Marco Island, FL 10. Ocala, FL 11. Orlando-Kissimmee-Sanford, FL 12. Palm Bay-Melbourne-Titusville, FL 13. Port St. Lucie, FL 14. Sebastian-Vero Beach, FL 15. Tampa-St. Petersburg-Clearwater, FL Why Florida? Florida stands out as the epicenter of this housing market risk. Let's explore why: 1. Hurricane Impact: Hurricane Ian in September 2022 cau...