Six Of Florida’s Major Housing Markets Are Considered High-Risk

Printer-friendly version
May 23, 2017

According to the CoreLogic Market Health Indicator, nine of the nation’s 100 largest markets are considered high-risk. They have seen home prices appreciate more than 45 percent, with rents appreciating half as much, since January 2012.

Six of these markets are in Florida: Daytona Beach, Fort Lauderdale, Miami, Orlando, Tampa, and West Palm Beach. The remaining three are in California.

Albany, N.Y., Boston, and Bridgeport, Conn., are among the 14 low-risk markets.

Although in some of the metro areas home prices have appreciated more than 30 percent since Jan 2012, rents have sizeable increases too, indicating that price and rent growth are backed up by fundamentals such as disposable income. Meanwhile, most of them have national flipping and fraud ranked in the bottom quantile, suggesting low bubble risk.

Read more

Comments on: "Six Of Florida’s Major Housing Markets Are Considered High-Risk"

July 2017

This Month in Professional Builder


Ashton Woods launched Starlight Homes to target entry-level home...

Overlay Init