rise nationwide.
cities in florida are seeing
down payments plunging.
fox business' ash ally webster
is live in melbourne, florida
with more.
ashley.
>> reporter: can you believe it,
cheryl?
as i said before the commercial
break, there was a mad stampede
to florida and texas it should
be said and the attraction was
low taxes, you could work from
home.
if you're going to do that, why
not do it in beautiful weather
and take more pay home with you.
not bad.
things are starting to cool off
a little bit.
i'm inside a five bedroom, three
bath home, it's on the market
for 674,000.
we're in the very nice upscale
development that's pretty new.
this house is i would say a
great family house.
this is not a retirement
community by any means.
talking about prices falling, i
want you to look at a this.
the median sale price has been
$335,000, more than where we are
here but it's down 3%
year-to-date and if you go back
to june 2022, the days of covid,