However, in cities such as Miami, median list prices are still 50% higher than before the pandemic,”
This is still pretty much the case in Tampa too, property values are so inflated from 2021 and 2022 that a 5% drop really just shows the market leveling off.
But the home insurance market is a sword of Damocles hanging over the state, and Desantis is too busy campaigning against universally popular ballot measures to do anything about it (and has found other culture war bullshit to distract himself from it for years now).
This is still pretty much the case in Tampa too, property values are so inflated from 2021 and 2022 that a 5% drop really just shows the market leveling off.
But the home insurance market is a sword of Damocles hanging over the state, and Desantis is too busy campaigning against universally popular ballot measures to do anything about it (and has found other culture war bullshit to distract himself from it for years now).