“More homes are sitting on the market longer in South Florida, and experts say the housing market may finally be cooling after years of soaring prices and tight inventory.
Though prices remain high compared to pre-pandemic levels and mortgage rates are hovering around 7% for 30-year fixed loans, listings are now staying up for about 90 days, compared to 60 or fewer just a few years ago.”: https://www.cbsnews.com/miami/news/south-florida-housing-market-shows-signs-of-cooling-experts-say/