Clouds Emerging in the Sunshine State’s Housing Market: BI Webinar
Low sales and increasing inventory across Florida could pressure home prices and upset the competitive landscape for builders including Pulte, Lennar and D.R. Horton. The market is grappling with low affordability, exacerbated by rising insurance and HOA costs, while listings are rising sharply and now exceed pre-pandemic levels. This may mute order growth and challenge margins if price declines broaden. Join Drew Reading, Bloomberg Intelligence’s Senior Homebuilding analyst and Susan Heffron, Zonda’s VP of Advisory for the Southeast region for a boots on the ground look at trends in one of the industry’s top markets.