When it comes to housing, few places are as volatile as Florida. In this unique state, you'll find the highest of highs and the lowest of lows. For instance, in Miami, from December 1996 to December 2007, home prices soared by 217%, only to then experience one of the worst crashes in economic history, falling over 50%. It would take the Florida market nearly 14 years to recover back past these 2007 highs, and now with the market continuing to soar, many are left wondering whether the same fate awaits Florida in the near future. Earlier this summer, we started seeing some concerning news, with price cuts increasing and inventory skyrocketing. Many experts online and in the real estate sector are warning that this could be the start of the next crash. Today, we examine new evidence that sheds light on these shocking figures coming out of the Sunshine State.

Foreclosure.com Link
https://www.foreclosure.com/?rsp=3670

Substack Link
https://open.substack.com/pub/riskofr...