Report: Home prices on West Coast of Florida to fall sharply in a recession

A Redfin study found that three Gulf Coast cities will likely see the largest price decreases in the nation during a recession.

  • By Louis Llovio
  • | 4:10 p.m. July 29, 2022
  • | 0 Free Articles Remaining!
Report finds that three Gulf Coast localities will see the largest price decreases in the nation during a recession. (File photo)
Report finds that three Gulf Coast localities will see the largest price decreases in the nation during a recession. (File photo)
  • Tampa Bay-Lakeland
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Homeowners in Tampa, North Port and Cape Coral might be in trouble.

A new study out from Redfin, the Seattle tech real estate brokerage, finds the three cities on Florida’s West Coast are among the localities in the country where housing prices will take the biggest hits if — or when — a recession hits.

 

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