10/26/2022
https://www.economist.com/leaders/2022/10/20/a-global-house-price-slump-is-coming
An excellent piece from The Economist, on the impending global housing slump.
In terms of South Florida, and as prospective home buyers are likely aware, our local real estate market has become disastrously too expensive – and for far too long. While nobody has a crystal ball -- leading economists, the Federal Reserve and well respected global banks maintain that a substantial market correction is imminent.
If you're a buyer/seller/investor interested in learning more about how to navigate the local real estate market, please connect with our fully credentialed team.
It won’t blow up the financial system, but it will be scary