Understanding Florida’s Housing Market: A Focus on Miami

Understanding Florida's Housing Market: A Focus on Miami Florida's housing market, especially in Miami, has drawn attention due to its unique features and impact on the state's economy. To grasp a complete picture, it's important to examine different housing price indexes. Let's explore the Case-Shiller and FHFA indexes to understand Florida's real estate scene. In April, the Case-Shiller index showed a drop in home prices for the first time in 11 years. This happened because mortgage rates became higher, making…