Elvira Rios Miami Real Estate

US housing starts fall sharply in May, further weakness seen ahead
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US housing starts fall sharply in May, further weakness seen ahead Housing starts fell 14.4% month-on-month in May to reach an annualised pace of 1.55m. Single-family starts meanwhile declined by 9.2% on the month to reach 1.05m. Building permits, which many consider to be a leading indicator for homebuilding, dropped by 7.0% in comparison to April.

South Florida homes currently overvalued about 30%, real estate economist says
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South Florida homes currently overvalued about 30%, real estate economist says South Florida housing expert says sharp increase in cost of housing could be costly. 15 housing markets are now overvalued by over 50%. Here in South Florida, that number is 29.84%.

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Elvira Rios Elvira Rios is a real estate agent with Fortex. Check out Elvira Rios's listings or office listings.