Why Are There So Many Empty Houses in Florida?

Why does Florida have so many empty houses? The housing vacancy rate across Florida is 14.2%, the third highest in the U.S. This rate is more than double California's vacancy rate. Many homes are held by investors or second and third homeowners.

In Naples, 32% of homes are vacant. In Cape Coral, 28% are vacant, and in Punta Gorda, it's 27%. Some of these vacant homes are now being listed for sale. Access vacancy statistics for your area on www.reventure.app.

Florida's housing inventory has spiked to a decade-high over the last three years. Prices still need to drop further for housing to become affordable. More vacant homes must be listed to bring prices down.
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Access housing market data on REVENTURE APP: https://www.reventure.app

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