The housing market in Southwest Florida is getting absolutely battered by a barrage of new listings at a time when activity is seasonally slow. Some areas are seeing almost a year worth of inventory as homeowners and investors race for the exits before the next property tax bill arrives.
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Yet homeowners aren't the only ones in the cross-hairs, as Real Estate Agents nationwide are reeling from the Missouri verdict against The National Association of Realtors and many Realty Corps.
Meanwhile, a pause in the Federal Reserve rate hikes sees mortgage rates plummet back to the low 7s, but is that enough to save us from the Listing Tsunami?
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