Davin News Server

AlleyCat <katt@gmail.com> wrote:
> 
> DeSantis Dismisses Idea Canadians Will Keep Away From State - Sun Sentinel
> 
> https://www.sun-sentinel.com/2025/04/03/oh-no-we-love-florida-desantis-dismisses-idea-canadians-will-keep-away-from-state/
> 
> The estimated 3.271 million Canadians who made their way to Florida in
> 2024 was 1.2% more than in 2023
> 
> =====
> 
> DeSantis expects Canadian visitors will keep coming - Orlando Sentinel
> 
> https://www.orlandosentinel.com/2025/02/19/desantis-expects-canadians-will-keep-coming-to-florida-despite-political-tensions/
> 
> Feb 19, 2025 - Canada is Florida's top source of international tourists
> with 3.3 million making the trip in 2024, representing 
> about 2% of Florida's total visitors. Earlier this month, ...

And within the past eight weeks, Canadian tourism has dropped by 70%.



> 
> I STILL can't find what the hell you're talking about, regarding house and/or 
> property values going down. I was just talking to a neighbor, and we checked
>  out our house appraisals... our houses are worth more now, than before all 
> this Canada TOURISM bullshit.
>                                      
> So... fuck off.               


Is your neighbor a professional realtor?

If not, you’re in the “Sir, this is a Wendy’s” old geezer meme.

Because you can’t even do a simple Google news search:

“Homebuilding Giant Is Forced To Slash Prices in Florida—as It Highlights
Sunshine State’s Housing Market Weak Link
BY SNEJANA FARBEROV
APRIL 18, 2025”

<https://www.realtor.com/news/trends/homebuilder-price-cut-florida-housing-market/>

“Rob McGibney, COO of KB Home, ranked 545th on the Fortune 1000 list,
revealed to investors in late March that the company had to reduce prices
by more than $30,000 in the Sunshine State to drum up local business.

During the homebuilder's latest earnings call on March 24, McGibney singled
out Florida as being KB Home's worst-performing market during the first
three months of the new year.”

“On the earnings call, McGibney highlighted Jacksonville as a particularly
weak link in Florida, given that the city has more than seven months' worth
of unsold homes piled up on the market, prompting KB Home to slash prices
even more.

The Realtor.com® March 2025 Monthly Housing Trends Report echoes what the
homebuilder has been seeing on the ground in Jacksonville, which
experienced a drop of more than 15% in pending sales last month compared
with the previous year.

Additionally, the city saw homes sit unsold on the market 10 days longer
than during the same time in 2024, the third-biggest surge across the
nation's 50 largest metros.

Due to slowing buyer demand, Jacksonville also saw its share of for-sale
homes with price reductions soar to just under 28% in March. 

The median list price in the Florida metro last month was $399,000, down
nearly 4% year over year. “

“The KB Home COO noted that Orlando and Tampa markets also softened during
Q1 2025.

Realtor.com data from March indicates that Tampa had the second-highest
share of homes with price reductions, at just under 29%, among the large
metros. 

Meanwhile, pending home sales in the city declined nearly 12% from a year
ago, and the median list price was down more than 4.5%. 

In Orlando, the number of active listings surged more than 45% from the
year before, and homes spent 60 days on the market in March, six days
longer than during the same period in 2024. 

Nearly a quarter of all the for-sale properties in Orlando offered a price
cut, up 4.5 percentage points year over year. “

And note that that’s the quarter as a whole - it doesn’t take into account
the last three weeks of the shit show.

-hh