Recent South Florida homebuyers risk getting ‘stuck’ once market settles, expert says


    Homebuyers shouldn’t be afraid to walk away from an “overpriced” property, real estate economist Ken Johnson says. He estimates that homes across the Sunshine State, including in the tri-county area, are currently overvalued by about 20%. The trend of rapidly rising property values fueled by low interest rates and short supply could leave buyers “stuck” for a while before they see returns on their investments, said Johnson, associate dean of graduate programs at Florida Atlantic University’s College…


    Please enter your comment!
    Please enter your name here