Florida Sellers Slash Prices As Buyers Bypass The State Entirely — View It As Overpriced And Undervalued With Extreme Insurance Rates

https://finance.yahoo.com/news/florida-sellers-slash-prices-buyers-180016652.html 

Florida and Texas Are Stuck With an Excess of Housing Inventory

Florida and Texas Are Stuck With an Excess of Housing Inventory

South Florida Housing Market at a Tipping Point: Is Miami Overheated?

South Florida Housing Market at a Tipping Point: Is Miami Overheated?

Post from Peter St Onge, Ph.D. (@profstonge)

Peter St Onge, Ph.D. (@profstonge) posted at 5:32 AM on Mon, Apr 29, 2024:
Housing costs hit new record of $2,775 per month.

That's almost double since the pandemic -- and the inflation.

Housing costs are now nearly half of median family income -- for housing alone.

As a result, it now takes $110,871 in annual income just to qualify for the median… https://t.co/UGzspD42BD
(https://x.com/profstonge/status/1784923790952042970?t=x7bA5-fuQZ0-9n1q3719fw&s=03) 

Big-city dwellers are better off renting than buying a home everywhere, analysis says

https://www.usatoday.com/story/money/personalfinance/2024/04/29/renting-better-than-buying-big-cities/73471030007/ 

Watch "The Fed just flipped. No rate cuts." on YouTube

https://youtu.be/9HdohMjAaBs?si=WDjo5N9_lBtxV5uD 

https://finance.yahoo.com/news/housing-supply-surges-50-metro-090000298.html

The property report includes 85 major metropolitan areas in the U.S. with populations of at least 750,000.