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Why Are 1 in 7 Homes for Sale Nationwide in Florida?
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Why Are 1 in 7 Homes for Sale Nationwide in Florida?
Florida has become the epicenter of a national housing oversupply problem. The state now accounts for roughly one in seven homes listed for sale across the entire United States, or about 1.8 times its share of the country’s total housing stock, according to Parcl Labs, a real-time housing data firm. The firm has also tracked roughly half of all Florida listings currently cutting their asking price, a level it says is matched only by Arizona. BR…
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