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Miami's housing market has been labeled a "bubble" by UBS, topping the Global Real Estate Bubble Risk Index. While home prices continue to rise, the pace has slowed, allowing local incomes to catch up. Experts note that improved mortgage underwriting and buyer behavior create a more stable environment compared to the pre-2008 crisis.
Jon Woloshin
People
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
miami housing market faces bubble risk amid rising prices and economic factors
12:00 21.10.2024
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