Home Prices in Florida, Texas Stagnate As Supply Soars -- Market Talk

Dow Jones04-26

1317 ET - Home sales in Florida and Texas are stagnating as supply increases. On the west coast of Florida, housing supply is surging, sellers are cutting their asking prices and the time it takes to sell a home is soaring--all at a faster rate than anywhere else in the U.S. The story is similar in parts of Texas, Redfin says. Of the 10 metro areas that posted the largest year-over-year increases in supply, six are in Florida and two are in Texas. Of the 10 metro areas where sellers were most likely to cut their list prices, five are in Florida and two are in Texas. Individual home sellers are having a tough time attracting buyers in part because builders are offering big concessions. (chris.wack@wsj.com)

(END) Dow Jones Newswires

April 25, 2024 13:17 ET (17:17 GMT)

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Of the 10 metro areas where sellers were most likely to cut their list prices, five are in Florida and two are in Texas. Individual home sellers are having a tough time attracting buyers in part because builders are offering big concessions. 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On the west coast of Florida, housing supply is surging, sellers are cutting their asking prices and the time it takes to ...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4548","symbol_name":"巴美列捷福持仓","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2430234056","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2430234056","pubTimestamp":1714065420,"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1317 ET - Home sales in Florida and Texas are stagnating as supply increases. On the west coast of Florida, housing supply is surging, sellers are cutting their asking prices and the time it takes to sell a home is soaring--all at a faster rate than anywhere else in the U.S. The story is similar in parts of Texas, Redfin says. Of the 10 metro areas that posted the largest year-over-year increases in supply, six are in Florida and two are in Texas. Of the 10 metro areas where sellers were most likely to cut their list prices, five are in Florida and two are in Texas. Individual home sellers are having a tough time attracting buyers in part because builders are offering big concessions. 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Of the 10 metro areas where sellers were most likely to cut their list prices, five are in Florida and two are in Texas. Individual home sellers are having a tough time attracting buyers in part because builders are offering big concessions. 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