Fort Lauderdale, FL – April 2025
Florida’s competitive foreclosure resale market is making it tough for first-time buyers to compete. Most properties are being scooped up by all-cash investors, leaving mortgage-dependent buyers with fewer options.
“It’s hard to get an FHA deal accepted when the seller just wants speed and cash,” said a buyer’s agent.
Some officials are calling for grant programs to help owner-occupants compete in distressed property markets.
