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Florida housing market ‘at risk’ in 13 different cities

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Florida housing market ‘at risk’ in 13 different cities


Thirteen out of the 15 housing markets at the highest risk of a home price correction in the coming months, according to a recent Parcl Labs study, are in Florida, where new inventory has been flooding in.

The Parcl Labs’ team, which delivers real-time housing market data, analytics and research, analyzed around 1,000 U.S. housing markets to identify early signs of market stress that could lead to price drops. It found that there’s “trouble” ahead for the Sunshine State, which it described as “the epicenter” of a mismatch between supply and demand.

The top five list of markets with the biggest supply and demand divergence—one of the factors considered in Parcl Labs’ analysis, are in Florida—namely, Pensacola (+52 percent supply increase, -28 percent demand decrease); North Port, FL (+50 percent, -18 percent); Naples (+44 percent, -14 percent); Port St. Lucie (+40 percent, -22 percent); and Palm Bay (+39 percent, -18 percent).

Four of the top five markets expected to see the biggest price drops in the months ahead—though any decline isn’t guaranteed—are also in the state. These include some of the same metropolitan areas which are seeing demand drop, such as North Port (52 percent of listings with price cuts); Tampa (49 percent); Naples (46 percent); and Palm Bay (44 percent). Myrtle Beach, South Carolina, was also in the top five with an expected 46 percent with price cuts.

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Homes are shown in a residential neighborhood in Miami on May 10, 2022. Florida is “the epicenter” of a mismatch between supply and demand, according to a recent study.

Joe Raedle/Getty Images

Several markets in Florida have already seen dramatic price cuts since the beginning of the pandemic in 2020, which saw the U.S. housing market boom as low mortgage rates, high demand and a lack of supply led aspiring home buyers to cutthroat bidding wars.

In Florida, the widespread possibility of remote work led to an influx of people moving from out of state chasing warm weather, sunny skies and cheaper taxes. The end of the health emergency and businesses’ eagerness to get their workers back in the office meant a sudden slowdown in arrivals, as well as the departure of some of those who had already migrated to the Sunshine State.

In Lakeland, according to Parcl Labs’ data, prices are now -4.63 percent from their peak in 2020. They increased by 51.36 percent in 2020. In Sebastian, they’re down -4.14 percent from their peak of +61.43 ; in Gainesville, by 2.28% from +50.21 percent. Deltona, Homosassa Springs, Tampa, Ocala, Port St. Lucie, Miami and Orlando have also seen prices cool down from their pandemic peaks.

Inventory has been growing at a faster pace in the state than in the rest of the country. Florida, together with Texas, is among the states that has been building the most new homes in the past few years, trying to fill the gap between demand and inventory which marked the pandemic. But now, as mortgage rates remain high and home insurance premiums in the Sunshine State inflate, buyers are a little more reluctant.

Newsweek contacted Parcl Labs for comment by email early on Monday.

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The 15 metropolitan areas which are most likely to see home price drops, according to Parcl Labs, are:

  • Crestview-Fort Walton Beach-Destin, Florida;
  • Daphne-Fairhope-Foley, Alabama;
  • Deltona-Daytona Beach-Ormond Beach, Florida;
  • Gainesville, Florida;
  • Homosassa Springs, Florida;
  • Lakeland-Winter Haven, Florida;
  • Miami-Fort Lauderdale-Pompano Beach, Florida;
  • Myrtle Beach-Conway-North Myrtle Beach, South Carolina;
  • Naples-Marco Island, Florida;
  • Ocala, Florida;
  • Orlando-Kissimmee-Sanford, Florida;
  • Palm Bay-Melbourne-Titusville, Florida;
  • Port St. Lucie, Florida;
  • Sebastian-Vero Beach, Florida;
  • Tampa-St. Petersburg-Clearwater, Florida.

Uncommon Knowledge

Newsweek is committed to challenging conventional wisdom and finding connections in the search for common ground.

Newsweek is committed to challenging conventional wisdom and finding connections in the search for common ground.



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Florida couple in alleged embryo mix-up have identified biological parents of ‘non-caucasian’ baby

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Florida couple in alleged embryo mix-up have identified biological parents of ‘non-caucasian’ baby


A Florida couple who claimed a fertility clinic error led the woman giving birth to a “non-Caucasian child” who was not related to them said they have identified their child’s biological parents, according to reports.

“The results of testing delivered to us today confirm that our baby’s genetic parents have been identified,” Tiffany Score and Steven Mills said in a statement obtained by People on Wednesday.

A Florida couple who claimed a fertility clinic error led to the birth of a “non-Caucasian child” who was not related to them said they have identified their child’s biological parents. Mara Hatfield

Score and Mills filed a lawsuit in January against Fertility Center of Orlando and its head reproductive endocrinologist, Dr. Milton McNichol, alleging that another patient’s embryo was implanted in Score’s uterus in April 2025.

The mix-up led to the birth of their now 4-month-old daughter, Shea, who is not biologically related to them, the filing alleged.

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“This ends one chapter in our heartbreaking journey, but it raises new issues that will have to be resolved,” the statement continued. “In addition, questions about the disposition of our own embryos are still unanswered and are even more unlikely to ever be answered.”

“Only one thing is as absolutely certain today as it was on the day our daughter was born —we will love and will be this child’s parents forever.”

The couple added that they will respect the privacy of Shea’s biological parents and will keep their identities “confidential.”

Score and Mills filed a lawsuit in January against Fertility Center of Orlando and its head reproductive endocrinologist, Dr. Milton McNichol, alleging that another patient’s embryo was implanted in Score’s uterus. WESH2

Score and Mills, who are both white, stored three viable embryos at the Longwood clinic in 2020 for in vitro fertilization, a process that creates embryos and stores them until pregnancy.

Five years later, after an embryo was implanted, the couple gave birth to a “beautiful, healthy female child” on Dec. 11, 2025, according to the lawsuit filed Jan. 22 in Orange County Circuit Court and obtained by Law & Crime.

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“Tragically, while both Jane Doe and John Doe are racially Caucasian, Baby Doe displayed the physical appearance of a racially non-Caucasian child,” the lawsuit said.

Further genetic testing confirmed that baby Shea had no biological relationship to either parent — raising questions about where their embryos had gone or whether another woman was impregnated with their biological child.

The new parents had an “intensely strong emotional bond” with their child during pregnancy and wished to keep the girl, but recognized she “should legally and morally be united with her genetic parents so long as they are fit, able and willing to take her,” the lawsuit stated.

The Fertility Clinic of Orlando announced earlier this month that it would close by May 20. WESH2

Scarola told People, following Wednesday’s development, that Shea’s biological parents have not made any requests to take her into custody.

“Remaining questions about the fate of Tiffany and Steven’s unaccounted for embryos…are still pending,” Scarola said.

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“The current legal proceeding will remain open to address those matters,” the attorney added. “However, we expect that we will now also begin to focus on the need for our clients to be compensated for the expenses they have incurred and the severe emotional trauma that they endured and will continue to experience.”

The Fertility Clinic of Orlando announced earlier this month that it would close by May 20 — a decision leadership said was made after “thoughtful consideration.”

Neither Scarola nor the clinic immediately responded to The Post’s request for comment.



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Evacuations underway as crews battle multiple wildfires in Georgia and Florida

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Evacuations underway as crews battle multiple wildfires in Georgia and Florida


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    Evacuations underway as crews battle multiple wildfires in Georgia and Florida

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NBC News NOW

Crews in Florida and Georgia are battling multiple fast-moving wildfires, stoked by dry and windy conditions. Local officials in Georgia said people in the path of the flames should be ready to evacuate. 

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Florida investigating AI role in mass shooting at university

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Florida investigating AI role in mass shooting at university


Florida on Tuesday announced a criminal probe into whether artificial intelligence played a role in a deadly mass shooting at a university in the US state.

The decision to launch an investigation came after prosecutors reviewed exchanges between OpenAI chatbot ChatGPT and the suspected gunman, who opened fire at Florida State University last year, according to state Attorney General James Uthmeier.

“If ChatGPT were a person, it would be facing charges for murder,” Uthmeier said.

Florida law allows anyone who assists or counsels someone in the commission of a crime to be treated as an “aider and abettor” bearing the same responsibility as the perpetrator, according to Uthmeier.

In exchanges with ChatGPT, the accused shooter sought advice on what type of gun and ammunition to use, as well as where and when on campus a lot of people would likely be found, the state attorney general said during a press briefing.

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“Last year’s mass shooting at Florida State University was a tragedy, but ChatGPT is not responsible for this terrible crime,” an OpenAI spokesperson said.



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