A closer look at home price corrections in second-home housing markets Naples and Sevierville

Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter. Back in August 2023, I stated that two metro area housing markets I was watching closely—and believed still faced heightened downside risk despite eking out some gains in 2023—were Sevierville, TN (where, in July 2023, home prices were still +70% above December 2019 levels) and Naples, FL (where, in July 2023, home prices were still +72% above December 2019 levels). Unlike…