Home prices in Miami fell sharply after the financial crisis when buyers and investors took on loads of debt and could no longer meet payments. As another potential downturn approaches, it Miami faces similar problems. Nationwide, Miami has the third-highest risk of seeing a downturn in housing prices during the next recession, according to a new report by Redfin. It tracked the 50 largest U.S. cities’ risk of a housing downturn in the next recession. […]
source https://therealdeal.com/national/2019/09/10/miami-among-most-at-risk-cities-for-falling-home-prices-during-next-recession-report/#new_tab
No comments:
Post a Comment