{"id":141961,"date":"2026-02-03T14:21:09","date_gmt":"2026-02-03T14:21:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-fl\/141961\/"},"modified":"2026-02-03T14:21:09","modified_gmt":"2026-02-03T14:21:09","slug":"florida-homeowners-median-equity-loss-hit-17k-report-shows","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-fl\/141961\/","title":{"rendered":"Florida Homeowners Median Equity Loss Hit $17k, Report Shows"},"content":{"rendered":"<p>Florida\u2019s housing market is undergoing severe correction, with the state now accounting for 8 of the nation\u2019s 10 largest percentage declines in home values over the last year.<\/p>\n<p>PropFusion, a software company the provides a cloud-based platform for HOA\u2019s, <a href=\"https:\/\/www.propfusion.com\/research\/local-buyer-affordability-index\" rel=\"nofollow noopener\" target=\"_blank\">released its latest report<\/a> detailing how major Florida metropolitan areas are seeing home values plummet by double digits.<\/p>\n<p>Key Findings:<\/p>\n<p>Median equity loss hits $17k: The median price drop across Florida\u2019s major metros stands at $17,384, ranging from a low of $11,241 in Jacksonville to a massive $38,719 loss in North Port.<\/p>\n<p>Prices are falling fastest in Cape Coral and North Port: Cape Coral recorded the steepest decline in the U.S. with a 10.27% drop, followed closely by North Port at 8.84%; homeowners in both cities lost over $38,000 in equity in a single year.<\/p>\n<p><a href=\"https:\/\/www.evergladesfoundation.org\/\" rel=\"nofollow noopener\" target=\"_blank\"><img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/us-fl\/wp-content\/uploads\/2025\/11\/restore-the-everglades-728x90-1.webp.webp\" alt=\"\" class=\"wp-image-60491\"\/><\/a><\/p>\n<p><a href=\"https:\/\/jamesmadison.org\/naples\/\" rel=\"nofollow noopener\" target=\"_blank\"><img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/us-fl\/wp-content\/uploads\/2026\/02\/JMI-Feb-Event-Ad-600.webp.webp\" alt=\"\" class=\"wp-image-70575\"\/><\/a><\/p>\n<p>The correction is statewide: Beyond the hardest-hit zones, Tampa, Miami, Orlando, Deltona, Lakeland, and Palm Bay all rank among the top 10 markets nationally for percentage price declines.<\/p>\n<p>Affordability is returning: The sharp decline in prices has created a silver lining for buyers; North Port and Cape Coral recorded the nation\u2019s most significant improvements in price-to-income ratios, effectively lowering the barrier to entry for local earners.<\/p>\n<p>Stuart Wilkinson, co-founder of PropFusion says local buyers, who were unable to purchase homes in Florida over the past few years due to increasing unaffordable pricing, may see the first real chance to get into the Florida housing market with better affordability (and price) in 2026.<\/p>\n<p>\u201cRight now, Florida is the central location for a nationwide housing correction as it gives back all of the post-pandemic frenzy\u2019s gains. Losing $17,000 to $38,000 in equity is a bitter pill for many sellers to take, but that will ultimately help restore equilibrium to the real estate market,\u201d said\u00a0\u00a0Wilkinson.<\/p>\n<p>\u00a0<\/p>\n<p><a href=\"https:\/\/www.conservatives4energy.org\/\" rel=\"nofollow noopener\" target=\"_blank\"><img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/us-fl\/wp-content\/uploads\/2025\/11\/v2-728x90-solar-ads-April-2025.webp.webp\"\/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Florida\u2019s housing market is undergoing severe correction, with the state now accounting for 8 of the nation\u2019s 10&hellip;\n","protected":false},"author":2,"featured_media":141962,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[209,211,210],"class_list":["post-141961","post","type-post","status-publish","format-standard","has-post-thumbnail","category-cape-coral","tag-cape-coral","tag-cape-coral-headlines","tag-cape-coral-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/141961","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/comments?post=141961"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/141961\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media\/141962"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media?parent=141961"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/categories?post=141961"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/tags?post=141961"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}