South Florida homes quickly become more expensive as inventory shrinks

South Florida home sales increased by double digits and prices climbed quickly in January, driven by a shortage of homes on the market, according to Florida Realtors. The luxury home market was especially strong, as the region attracted wealthy people from other states. On the other end of the spectrum, rising home prices make it increasingly difficult for working-class families to buy. Single-family home sales in the tri-county area increased 10.8% compared to the same month a year ago, to 3,276.…