Why houses in pandemic boomtowns are sitting unsold - despite prices falling
Texas and Florida are seeing the biggest increase in homes sitting unsold on the market, new research has revealed. In Dallas, 63 percent of listings sat on the market for at least 30 days in June - up from 52 percent a year earlier. This rise of over 10 percent was the biggest uptick of all the major US metros, according to new analysis from Redfin. It is followed by four metros in the Sunshine State - Tampa, Fort Lauderdale, Jacksonville and Orlando.
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