Once America’s Hottest Housing Market, Popular State is Now the Hardest Place to Sell a Home

If you’re planning to cash out in Florida, you might want to pack your patience.

The Sunshine State is the single worst place in the country to sell a home right now, according to a fresh ranking from Underwood Law Firm that pits 48 states against each other on how brutal their markets are for sellers.

Florida sits at the bottom of the barrel with a staggering 206,508 homes up for grabs, the biggest glut of any state studied.

The typical property there lingers for 73 days before a buyer bites, and bidding wars have all but vanished. Only 10.9% of homes fetched more than their asking price.

This essentially means buyers in Florida are calling the shots.

The firm crunched Redfin Data Center figures across seven yardsticks. (Read more from “Once America’s Hottest Housing Market, Popular State is Now the Hardest Place to Sell a Home” HERE)