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RedCapInMiami
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RedCapInMiami
@RedCapu4Life
✝️ 4th Account. USMC Mom 🪖 Happily married. American cuban OG Anon America first. Patriot. Florida Native. I love my country, the Land that I love 🇺🇸 ❤️
Miami, FL Katılım Ekim 2025
963 Takip Edilen405 Takipçiler
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Florida's housing downturn is entering a new stage: severe mortgage distress.
It now ranks #1 in the U.S. for foreclosures.
And we're starting to see listings like this, where the homeowner is trying to sell for $130,000 less than they paid in 2022.
That's a 40% loss in just four years.
Many people who bought near Florida's housing peak in 2022-23 are now running into financial trouble.
But what's remarkable is that mortgage distress is still nowhere near 2008-09 levels. Yet we're already seeing individual homes lose 40% of their value.
If this trend continues, today's discounts may only be the beginning.
Check the value estimate of any listing with Reventure's analyzer: reventure.app/listingtool

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