The Housing Bubble in Miami and Southeast Florida keeps getting worse. With small houses and shacks now selling for $2 Million in neighborhoods like Wynwood and Buena Vista.

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However, this massive Florida Housing Bubble could be on the verge of bursting in 2024. With a big downturn in homebuyer demand causing inventory levels to spike. These spiking inventory levels are often the prelude to a big decline in prices.

Miami's Housing Market has managed to continue appreciating while the rest of America's housing market is slowing. However, one has to wonder howl long this can go on for. Neighborhoods like Pembroke Pines and Kendall continue to do well. While Wynwood and Buena Vista have entered a downturn.
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