Homes Are Taking Longer to Sell in US Markets That Once Flourished

A buildup of unsold houses sitting on the market for weeks is becoming a new reality in once-booming housing areas across the Sun Belt.

Real estate agents in the South and Southwest say they’re seeing more people list homes, giving up on hopes that mortgage rates will drop anytime soon. In Florida, homeowners are fleeing soaring insurance costs, and in Colorado, investors are culling rental properties.