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

Posted by Christopher Lazaro on May 12, 2024
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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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