"It needed to happen, or else we were going to price everyone out of the market," said Tony Barrett, president of the Realtor Association of Sarasota and Manatee. He calls the slowdown a "reset" rather than a down market. Credit: Raul Rodriguez/Adobe Stock

(Bloomberg) — Florida's southwestern coast — long one of America's fastest-growing regions — is losing some of its boomtown swagger as a home insurance crisis and other soaring costs make homes unaffordable.

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