Stabilization. Admittedly, an odd choice of words in a year when little feels normal and uncertainty dominates on macroeconomic, geopolitical, and real estate fronts. Yet call me an optimist: I believe we are overlooking signals pointing toward it.

The premise may surprise when recent media coverage has been awash with predictions of Florida real estate’s inevitable collapse, spotlighting several west coast markets appearing on rankings lists, and not the good ones.

Let us be candid. Year-to-date, every market from Naples to Tampa has delivered fewer sales. Inventories of unsold homes have swelled compared to the same period last year. Typically, these conditions foreshadow downward pressure on prices.

Still, context matters. Across the country, values surged in the wake of a pandemic o

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