A new report about pending home sales nationwide includes some bad news for home sellers in South Florida.
Pending home sales are falling fastest in the market of Fort Lauderdale, where it’s down 15.2% year over year during the four weeks ending November 10, according to Redfin, a tech-powered real estate firm. That represents the biggest decline among the U.S. metropolitan areas analyzed by Redfin analyzed. Next on the list is Miami (-14%) followed by West Palm Beach (-13.8%). Two other Florida cities, Jacksonville (-9.5%) and Tampa (-7.2%), rounded out the top five.
Nationwide, pending sales actually rose 4.7% over the same period, reports Redfin…