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South Florida home prices are rising, but experts see market correction

Posted by Christopher Lazaro on May 12, 2024

South Florida's housing market is facing high home costs, leading renting to be slightly advantageous. Experts predict a correction in the market, with a potential decline in home prices. The market is experiencing an imbalance in supply and demand, with rising housing inventory. Tighter lending practices and regulations are expected to prevent a massive crash like in 2007.

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