Miami is it's own market, Miami condos doubly so. They are not weathering the insurance crisis well.
Increased inventory in Orlando/Tampa/Ft.Myers is due to new builds. Prices haven't dropped from their skyrocket peak. Rents are double pre-covid.
The steep insurance increases will guarantee that housing costs stay unaffordable for generations. FL locations w/o history of hurricane damage are seeing rate increases like they live on the coast. But that's always been the case.
Miami is it's own market, Miami condos doubly so. They are not weathering the insurance crisis well.
Increased inventory in Orlando/Tampa/Ft.Myers is due to new builds. Prices haven't dropped from their skyrocket peak. Rents are double pre-covid.
The steep insurance increases will guarantee that housing costs stay unaffordable for generations. FL locations w/o history of hurricane damage are seeing rate increases like they live on the coast. But that's always been the case.