The skyrocketing growth in inventory in South Florida could be a sign of price drops to come, a real estate expert warns.

Tampa, Florida, saw the biggest month-on-month decline in home prices in the nation in January, at -1.6 percent.

The housing market in South Florida has grown weaker and condos are only partly to blame, a Redfin economist said.

One home in Tampa is forced to drop its price nearly 20 percent as Florida homeowners struggle to attract buyers.

Zillow's updated forecast projects that U.S. home prices will rise 1.1% between January 2025 and January 2026.

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