US EditionMiami Real Estate Market Crashes Amid Surging Supply, Fleeing Buyers
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Miami Real Estate Market Crashes Amid Surging Supply, Fleeing Buyers
A perfect storm of overbuilding, high rates, and climate fears decimates demand Once hailed as the crown jewel of Florida’s pandemic real estate boom, Miami is now experiencing a sharp and painful bust. Fueled by a perfect storm of overdevelopment, unaffordable mortgage rates, climate-related insurance nightmares, and a crumbling inflow of new residents, the Magic […]
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