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Home Team | PBD Podcast | Ep. 290
PBD Podcast
The Artificial Scaffolding of Real Estate Prices
Housing prices in South Florida are not dropping because of a lot of cast buyers from the Northeast that have come down here holding it. The rest of the United States, it's just not affordable. Not enough people are willing to put their house on the market in the United States. And so with the limited supply, prices have moved very slowly and with the interest rates, which were almost 8%, but they dropped back like 6.75, 7% a week ago, that is keeping it there.
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