Florida's Housing Supply Hits Record High in January -- Market Talk

Dow Jones

Feb 27, 2025

1039 ET - Florida's housing market hit a record high in January, with 172,200 homes for sale, up 22.7% from last year, according to Redfin. The surge stems from increased homebuilding and rising natural disaster risks, driving up insurance costs and pushing some homeowners to leave. With buyer demand cooling--pending sales dropped 9.3% year over year--homes are lingering on the market, especially condos, where inventory reached an all-time high due to soaring HOA fees from new structural regulations. Single-family home inventory is also near its peak. Active listings rose 19.4% to 212,437, with eight metro areas hitting records, five of which are on the coast. Redfin agents are calling it a buyer's market, urging sellers to offer concessions and maintain pristine properties as prices dip in some areas. (chris.wack@wsj.com)

(END) Dow Jones Newswires

February 27, 2025 10:39 ET (15:39 GMT)

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The surge stems from increased homebuilding and rising natural disaster risks, driving up insurance costs and pushing some homeowners to leave. With buyer demand cooling--pending sales dropped 9.3% year over year--homes are lingering on the market, especially condos, where inventory reached an all-time high due to soaring HOA fees from new structural regulations. Single-family home inventory is also near its peak. Active listings rose 19.4% to 212,437, with eight metro areas hitting records, five of which are on the coast. Redfin agents are calling it a buyer's market, urging sellers to offer concessions and maintain pristine properties as prices dip in some areas. (chris.wack@wsj.com) \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 27, 2025 10:39 ET (15:39 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Florida's Housing Supply Hits Record High in January -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFlorida's Housing Supply Hits Record High in January -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-02-27 23:39</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  1039 ET - Florida's housing market hit a record high in January, with 172,200 homes for sale, up 22.7% from last year, according to Redfin. The surge stems from increased homebuilding and rising natural disaster risks, driving up insurance costs and pushing some homeowners to leave. With buyer demand cooling--pending sales dropped 9.3% year over year--homes are lingering on the market, especially condos, where inventory reached an all-time high due to soaring HOA fees from new structural regulations. Single-family home inventory is also near its peak. Active listings rose 19.4% to 212,437, with eight metro areas hitting records, five of which are on the coast. Redfin agents are calling it a buyer's market, urging sellers to offer concessions and maintain pristine properties as prices dip in some areas. 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The surge stems from increased homebuilding and rising natural disaster risks, driving up insurance costs and pushing some homeowners to leave. With buyer demand cooling--pending sales dropped 9.3% year over year--homes are lingering on the market, especially condos, where inventory reached an all-time high due to soaring HOA fees from new structural regulations. Single-family home inventory is also near its peak. Active listings rose 19.4% to 212,437, with eight metro areas hitting records, five of which are on the coast. Redfin agents are calling it a buyer's market, urging sellers to offer concessions and maintain pristine properties as prices dip in some areas. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"RDFN":"Redfin Corp","BK4548":"巴美列捷福持仓","BK4079":"房地产服务"},"translate_title":"佛罗里达州一月份住房供应量创历史新高——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"RDFN":0.9},"content_text":"1039 ET - Florida's housing market hit a record high in January, with 172,200 homes for sale, up 22.7% from last year, according to Redfin. The surge stems from increased homebuilding and rising natural disaster risks, driving up insurance costs and pushing some homeowners to leave. With buyer demand cooling--pending sales dropped 9.3% year over year--homes are lingering on the market, especially condos, where inventory reached an all-time high due to soaring HOA fees from new structural regulations. Single-family home inventory is also near its peak. Active listings rose 19.4% to 212,437, with eight metro areas hitting records, five of which are on the coast. Redfin agents are calling it a buyer's market, urging sellers to offer concessions and maintain pristine properties as prices dip in some areas. (chris.wack@wsj.com) \n\n\n  (END) Dow Jones Newswires\n\n\n  February 27, 2025 10:39 ET (15:39 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}