Home values are falling in these 10 major metros—Florida dominates the list
After years of record-breaking appreciation, the market is starting to come back down to earth in some areas where houses are beginning to lose value. While sellers may not welcome the shift, it could finally bring some financial relief to would-be homebuyers who’ve found affordability out of reach in recent years. Realtor.com® economists assessed the country’s 100 largest metros to find the 10 experiencing the greatest year-over-year median home value losses. [Source: Realtor.com]
Fort Lauderdale tops Miami in renter popularity
According to Rentcafe.com’s Q3 2025 Renter Engagement Tracker, the city is ranked No. 14 nationally, up three spots from the same period in 2024. In 2025 alone, it has broken the top 30 list every quarter of the year. Analysts reviewed rental site data to corroborate the claims, finding that saved apartment searches in Fort Lauderdale nearly doubled (up 93%), favorites grew by 57% and page views rose 10% year-over-year. [Source: Islander News]
How eliminating property taxes may make Florida housing more expensive
Next fall, Florida voters will likely vote on at least one proposed change to property taxes. It’s an effort led by Gov. Ron DeSantis to reduce or eliminate most local property taxes for homeowners. But cutting the annual tax bill may not make buying a home any cheaper. Research has shown that lowering the expenses of owning a home, like getting rid of property taxes, increases the value of the home itself. [Source: WLRN]
‘We want to have a legacy here.’ Inside a landowner’s plan in Florida’s Ag Reserve
Longtime plant nursery owner Paul Okean and his two grown children walk along a barren patch of land on a recent morning, frustrated but hopeful about the future of their family terrain in the Ag Reserve. It used to claim a booming nursery. It used to be where the kids grew up at their dad’s farm-oriented workplace, a distinct upbringing they remember fondly. These days, the family has been working together to convert the land into something for which they again can be proud. [Source: Tampa Bay Times]
The middle class Florida dream is disappearing
At its pandemic peak, the median sale price of a home in Florida jumped by 23.8 percent year-over-year in May 2022 to $405,900, according to Redfin data. In May 2017, the median price for townhouse-condo properties in Florida was $178,000, while for single-family existing homes it was $239,000, Florida Realtors data shows. [Source: Newsweek]
$630 million
Goldman Sachs and JPMorgan Chase provided a $630 million refinancing loan to the owners of the 830 Brickell office tower. [Source: South Florida Business Journal]
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