“[Florida] Property prices boomed here during Covid – they are now being slashed as soaring numbers of homes sit unsold”
April 30, 2024
“Its warm weather, low taxes and relatively affordable housing market attracted a surge of Americans to Florida during the Covid-19 pandemic, pushing up home values in the state.
But as prices stagnate and supply soars in some areas, it seems that Florida’s housing bubble may have burst. On the west coast of the state, the number of properties on the market is surging, and homes are taking much longer to sell, according to new data from Redfin.
Sellers are also cutting asking prices at a faster rate than anywhere else in the US, insights from the real estate company show…”
The housing bubble is going to pop. Get prepared now. Position yourself to take advantage. Lower your debt. Improve your credit score. Profit after the crash.