January 14, 2016 | By Brandon Cornet
Home prices in South Florida have risen steadily over the last couple of years, with new construction ramping up across the area. Now, some are worried the Miami housing market could be headed for another crash. The dreaded ‘B’ word — bubble — is being tossed around again, as well.
Some economists have forecast that home prices in the area will remain mostly flat in 2016, after many months of steady growth. Here are some notable real estate trends and predictions for the Miami real estate market in 2016.Miami Real Estate Market to Crash in ‘Next Few Years’
In an interview with The Washington Post, Miami real estate expert Jack McCabe said that the South Florida housing market could be headed toward another bubble-and-bust cycle,Read more: http://www.homebuyinginstitute.com/news/forecast-will-miami-housing-market-flatline-714/#ixzz3xJUtURJi
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