Investors are liquidating houses and aren't ready to invest anymore in the housing business. Even many big realty companies in the U S are out there trying to invest their funds into other profitable investments. This is because house prices, which are set to be at an all-time low, scare lots of investors. Many cities in Florida are anywhere from 20-40% overvalued in terms of home prices compared to income. And now that the inventory of homes for sale is spiking, these overvalued prices could come crashing down in cities like Jacksonville, Orlando, and Tampa. Just like they did in the last downturn. Subscribe for valuable insights on navigating the ever-changing dynamics of the real estate market! #realestatecrisis #housingmarketcrash
