With a CNBC Your Money Minute, I'm

Jessica Ettinger. Once upon a time,

people wanted to retire and move to

Florida. These days, maybe not so much.

The people there are trying to get out.

>> Florida, Parcel Labs had some data last

couple of days on the percent of active

listings that have a price cut is well

above the national rate.

>> Yeah, and it also shows that there are

so many homes for sale in Florida that

one in seven homes in Florida for sale,

according to Parcel Labs.

>> CNBC's Diana Olick with Carl

Quintanilla. One in every seven homes in

Florida is on the market. Of course, all

real estate is local. It's not

everywhere in Florida.

>> You've got this issue of the costs are

going up, higher insurance prices,

people are moving out of the state, and

so there are parts of Florida that are

really softening, but it goes, you know,

market to market. Tampa is kind of

having the big problems right now.

Miami's still seeing an influx of

buyers.

>> Back in 2020 as the pandemic took hold,

people picked up and moved to Florida.

And so much demand sent home prices

soaring. Now, some of those same people

are leaving, and they're still trying to

make back the pandemic price they paid

for that property, many with no luck.

You can see a lot more on real estate at

cnbc.com. That's also where you can sign

up for Diana's Property Plane

newsletter. I'm Jessica Ettinger, CNBC.