October 4, 2024

downtown San DiegoA real estate analyst for Forbes.com on Thursday explained why he ranked Miami the No. 1 riskiest real estate market in the country. He blamed the unflattering ranking on escalating insurance costs, a high number of adjustable rate mortgages, unaffordable housing prices and high vacancy rates. 

This sure sounds almost identical to downtown San Diego real estate market.[tags]Miami real estate,real estate bubble,housing bubble, downtown San Diego real estate[/tags] overpriced real estate market downtown San Diego real estate  San Diego Century 21 agent

3 thoughts on “Miami the No. 1 riskiest real estate market in the country

  1. A house is worth no more than what someone is willing to pay you for it. No buyer? Value = $0. House prices have held steady throughout the past 100 years in the US at 3x median income of whatever area you study… because every house you build must be affordable to the workers within the surrounding area.

    Jamie
    San Diego Family Dentists

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