> Florida housing market 'significantly' overvalued, FAU study suggests
Florida housing market 'significantly' overvalued, FAU study suggests
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Description
The housing market — we all know about the high prices and high demand dominating the scene for a while now. But what about the value of these homes?
A report released last week by Florida Atlantic University, in partnership with researchers at Florida International University, shows that Florida continues to have housing markets that are "significantly" overvalued, even with prices starting to come down.
Specifically, two Tampa Bay cities rank in the Top 5 and three cities make up the Top 10. That means homebuyers in these housing markets are shelling out more for homes that typically wouldn't cost as much.
For more: https://www.wtsp.com/article/money/florida-most-overvalued-housing-markets-tampa/67-f1c73174-2487-436a-8f6b-46efb9d2977d
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