Buying a Home in South Florida? | 3 Key Issues That Might Change Your Mind
Автор: Savannah Unruh | Palm Beach County Realtor
Загружено: 2025-07-06
Просмотров: 40
Buying a Home in South Florida? | 3 Key Issues That Might Change Your Mind
Why is the South Florida housing market struggling?
In this video, I break down the three major issues currently impacting the South Florida housing market, as highlighted by investor and entrepreneur Kevin O'Leary (aka "Mr. Wonderful"). If you're thinking about buying or selling a home in South Florida—or just trying to understand what's going on—this is a must-watch.
🏠 Here’s what we cover:
Soaring Mortgage Rates – How rising interest rates are pricing out buyers.
Skyrocketing Insurance Premiums – Especially in high-risk states like Florida, Texas, and California.
Rising Property Taxes – Increasing the long-term cost of homeownership.
Together, these factors have made homes 40% less affordable, forcing buyers to settle for smaller homes at higher prices.
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👇 Comment below: How are rising costs affecting your home search or property plans?
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