Hurricane-battered Florida has four of the top 10 cities where home prices are dropping the most
Florida has four of the the top ten cities where house prices are falling the most in the last year, according to new data. The state, which was battered by Hurricane Milton last week, is also suffering from a real estate crisis. The Sunshine State experienced a major boom during the pandemic when remote high earners fled to the state for space and lower taxes. 'Remote work trend certainly played a role, but I think many of the people that have come to Florida were more focused on the benefits of no state income tax as well as political ideologies,' Robert Washington, owner of Savvy Buyers Realty in St.
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