Housing Bubble Watch – Florida Real Estate Report, Sellers Cut Home Prices: Orlando, Tampa, Miami

Housing Bubble Watch – Florida Housing Market Update: In January 2019, statewide median home sales price of single-family homes and condo-townhouse properties increased year-over-year for the 85th consecutive month. Statewide the median sales price for single-family existing homes came in at $249,900, up 4.1 percent from the prior year, according to data from Florida Realtors. Last month’s statewide median price for condo-townhouse apartments was $182,500, up 2.8 percent over the previous year. The median is the midpoint where half the homes sold for more and half for less. A few select cities did see year-over-year price declines while others saw 10% and higher annual price growth, as outlined in the video report. Links to news sources discussed in the video are posted here: https://bullboom.blogspot.com/ Pledge a monthly tip: https://www.patreon.com/jjallen Buy me a cup of coffee: https://www.paypal.me/bullboombearbust Also, please help our channel grow by clicking like, commenting, sharing our videos and subscribing to our channel. Come back here for more videos on: housing news, investing tips, business and financial news, Precious metals, cryptocurrencies, housing bubble and real estate market analysis, stock trading, market timing, and lots more. Thank you to all viewers and subscribers. I apologize that I do not typically have time to answer questions that are posted in comments. Also, I cannot offer specific investment advice due to the complicated and detailed nature of everyone’s personal, unique financial and life situations. Although I usually include sources, charts, data, and links to the subject matter in my videos, the views expressed in my videos are often “one man’s opinion” and should not be taken as financial advice, in any way. I urge you to seek professional counsel and for everyone to do their own due diligence prior to making any significant decisions regarding financial and investment matters.