This housing market downturn in Florida is getting crazy.

There’s ZIP codes where inventory has nearly tripled from its level last year.

Like this one north of Tampa, in Port Richey. 248% growth in listings YoY.

That’s the sign of a major selloff. And indicates prices are… pic.twitter.com/sYQl77RVY4

— Nick Gerli (@nickgerli1) June 18, 2024