Its not just casual tourists staying home. I follow real estate prices like condos in the touristy parts of Florida and the market is flooded with sellers and prices are dropping significantly. Realtors are saying they have had condos on the market for four months without a single inquiry because the market is saturated with sellers and no one’s coming down to buy. Canadians are fleeing their vacation homes.
Its not just casual tourists staying home. I follow real estate prices like condos in the touristy parts of Florida and the market is flooded with sellers and prices are dropping significantly. Realtors are saying they have had condos on the market for four months without a single inquiry because the market is saturated with sellers and no one’s coming down to buy. Canadians are fleeing their vacation homes.
Oh yes. I met a yearly snow birds checking out Mexico hotels and sold their Florida condo.