Tagged: home prices

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Rising Construction Costs Threaten The Homebuilding Boom

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The pandemic propelled a mass migration of city dwellers to the suburbs, hungry to buy homes. And that surge in demand has driven new home prices up by 12 percent since March 2020. Great, right? Except construction costs have jumped as much as 30 percent in the same period. CLICK ON THE HEADLINE FOR MORE

FAU Expert Concerned By Overvalued Housing Market

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FAU’s College of Business analyzed over 25 years of housing data and pricing trends through May from online real estate marketplace Zillow. The conclusion: South Florida homes were overpriced by 14.88% compared to historical levels. CLICK ON THE HEADLINE FOR MORE