Florida’s sun-soaked southwestern coast, known for its wealthy enclaves and retirement appeal, is grappling with the steepest home price drops in more than a decade.
From Sarasota’s luxury listings to Punta Gorda’s booming developments, property values have fallen at rates not seen since the post-recession days of 2011.
Despite rising home prices across most of the US, certain Southeast metros, especially in Florida, are bucking the trend.