Independent thinking for complex markets and current events
by confoundedinterest17 There was a rush from the northeast US to Florida, now we are seeing a reversal in home prices. Punta Gorda FL, a suburb of Ft Myers, leads the nation with a -20.4% decline from its peak. Austin TX is second at -17.3% from peak. And Fort Myers FL is third at -15.0% …
Florida’s housing market didn’t cool. It cracked. Pandemic money, remote-work fantasies, and short-term rentals pretending to be long-term investments pushed prices to unsustainable heights. Now the air is rushing out. Cape Coral homes lost nineteen percent of their value. Fort Myers dropped thirteen percent. Sarasota, Naples, Miami, all sliding. These aren’t small corrections. They are …
By the time the implosion of Housing Bubble 2.0 finishes playing out, I suspect a lot of unhappy landlords will be forced to slash rents to attract or keep quality tenants. 17% of Home Sellers dropped their asking price in August pic.twitter.com/oeOxYJ6s4N — Barchart (@Barchart) October 3, 2025 h/ty Boo_Randy_II