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A Wall Street investor bought this 1,700 sq ft home in St. Petersburg for $550,000 in April 2022. They just sold it for $391,000 in March 2025, a loss of over $160,000. That’s a 25% drop, showing how severe the downturn is in investor-heavy markets. Track home prices in your area on www.reventure.app | Reventure App Data
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Florida is flooded with vacant rentals right now. This house behind me was listed at $2,000/month back in July 2024. Now it’s down to $1,650 — and still sitting empty. The rental market is crashing across the state. Landlords are panicking as rents drop… While taxes and insurance keep rising. Many are now losing money on their properties. That’s one reason housing inventory is surging. Here in Lakeland, supply has doubled since before the pandemic. It’s the highest level since 2008. Now prices a
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