Part 2/8:
The influx of homes on the market starkly contrasts the predictions from various real estate professionals who once asserted that inventory would remain scarce. Many in the field now find themselves reflecting on their previous optimism as the reality of Florida's real estate conditions hits hard. It was just two years ago when potential buyers were led to believe that purchasing properties at inflated prices was a safe investment. However, today, those who overpaid are left grappling with their decisions in a tumbling market.