"Real Estate Analysts Predict Housing Price Drop in 2 Florida Cities"

CoreLogic predicts a significant drop in home prices in several U.S. cities, particularly in Florida, over the next year due to high interest rates and slowing sales. Cities like Palm Bay-Melbourne-Titusville and Deltona-Daytona Beach-Ormond Beach in Florida are at high risk, with a greater than 70% chance of price declines by spring 2025. Nationwide, the growth in home prices is expected to slow, impacting the traditionally busy spring homebuying season.