ilmscore | Comparing 3 of Florida’s Most “Polarized” Housing Markets

Predictions from this Video

Total: 2
Correct: 2
Incorrect: 0
Pending: 0
Prediction
Topic
Status
Multifamily housing oversupply in Florida markets will be absorbed within 1-2 years (from May 2024) due to population growth.
"I personally think they're likely short-term issues because there's so much population growth these units will eventually get absorbed... but it might take a year or two for that inventory to get worked through"
Real Estate (Florida Multifamily)
Correct
Tallahassee real estate prices are predicted to continue increasing over the next year (from May 2024) due to appreciation and low inventory.
"with all of that appreciation and continuing low inventory there's a good chance that prices are going to keep going up over the next year that's just what I see here looking at the data"
Real Estate (Tallahassee)
Correct