Homebuyers should wait, experts say; high prices set a record in June

Florida homebuyers should consider renting while they wait for the state’s overheated market to cool off, according to researchers from Florida Atlantic University and Florida International University. Statewide, they say, homes are overvalued by more than 20%. posing a risk that buyers could get stuck with overpriced homes when prices eventually ease.

#foridanews #fidelityhomegroup #floridakeysmortgage