Is Florida’s Housing Downturn a Leading Indicator?

Readers will be familiar with Florida’s challenges from increasing sea level, storm pressures, and resulting home insurance prices.
Climate subtext hard to miss in this Investor’s walk-around of a South Florida neighborhood, although he never uses the “C” word.

Description:

A repeat of 2008 is hitting housing markets across Florida right now, with a massive spike in homes for sale and inventory which is putting excess supply on the market.

Access data on Reventure App for Florida’s Housing Market: https://www.reventure.app

The result is that home builders and investors across Florida – particularly in markets like Cape Coral, Sarasota, and Tampa – are beginning to slash home prices. By as much as 30-35% on certain listings. The result is that Florida’s Housing Market has entered a big downturn.

Caveat:

Reventure Consulting teaches home buyers and real estate investors how to use data to make smarter investment decisions. By combining data from a variety of sources – including the US Census, BLS, Zillow, and Apartments.com – Reventure has developed a suite of analytics to home buyers and real estate investors make more educated decisions about where and when to buy real estate. DISCLAIMER: The information provided by Reventure Consulting, LLC and Nicholas Gerli is for general informational, educational, and entertainment purposes only. All information on the Reventure Consulting YouTube Channel is provided in good faith, however we make no representation or warranty of any kind, express or implied, regarding the accuracy, adequacy, validity, reliability, availability or completeness of said information. Neither Reventure Consulting, LLC or Nicholas Gerli is a registered financial advisor.

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