Since March 2020, U.S. home prices have surged dramatically, especially in smaller markets and 'Zoomtowns.' This video breaks down the key trends across the country, highlighting significant increases in the Western U.S., and shifts in Florida's housing market. We'll delve into the factors behind Miami's deceleration, including the impact of the Surfside condo collapse, new safety regulations, and rising insurance costs. Discover how these changes reflect broader adjustments across the state and the nation. Key Points: Overview of U.S. home price trends from 2020 to 2024. Detailed analysis of significant increases in the Western U.S. Focus on Florida: dramatic price rises in Fort Myers, Tampa, and Sarasota. Miami's price growth deceleration: impact of Surfside condo collapse, safety regulations, and insurance costs. Broader market adjustments in Florida and nationwide.
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