Selling Real Estate

It Started: Florida’s Housing Market Is Collapsing!

This is the biggest housing bubble in America.. Add me on IG @thisisjohnwilliams

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1) https://www.cltampa.com/news/florida-currently-has-16-million-vacant-homes-the-most-in-the-country-report-says-13160557
2) https://www.mynews13.com/fl/orlando/news/2022/08/26/homeowners-insurance-company-announces-plan-to-leave-florida
3) https://www.bankrate.com/insurance/homeowners-insurance/florida-homeowners-insurance-crisis/

Where is the biggest housing bubble? What state do you think is home to the greatest housing bubble in the United States of america? Do you think that the biggest housing bubble is in Austin Texas? Is the biggest housing bubble in Boise Idaho? Is the biggest housing bubble in Los Angeles CA? Is the biggest housing bubble in New York? No, the biggest housing bubble is Florida. Here is why Florida is home to the largest housing bubble in the entire country. I believe we could see home values fall here on average by 50% or more and the reason for this real estate crash is coupled with the home insurance crisis, massive home appreciation over the last five years and the bigger factor is the 1,600,000 vacant homes that sure will come to market for either lease of for sale in the coming few years as the national housing market falls, stocks fall and with it so will seniors retirements thus leading to seniors to sell their second home.

As all of this happens, supply in home sales will pick up and with it will impact the home prices. Supply and demand in the real estate market are very important, as of now the supply is very low and the demand is strong, if the home demand stays the same and inventory increases, down will go the home prices.

Do you think Florida is home to the largest housing bubble?

#realestate #housing #housingbubble

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