Florida has long been the housing canary in the national real estate coalmine. The situation in the Sunshine State is anything but sunny with prices even outright declining in six key areas. That's just where the downturn is most pronounced right now. The excuses for an increasingly ugly housing market have worn out as the real story is finally being revealed.
Eurodollar University's Money & Macro Analysis
If you are in any way interested in precious metals, you need to see what today's video sponsor, Monetary Metals, is doing with them at the link below:
http://www.monetary-metals.com/Snider/
Kenny's Channel
https://www.youtube.com/@KenMcElroy
Video w/Jeff
https://www.youtube.com/watch?v=hDQunoS96X4
FRB Vice Chair Michelle Bowman Unintended Policy Shifts and Unexpected Consequences
https://www.federalreserve.gov/newsevents/speech/bowman20250623a.htm
NAR Existing-Home Sales Report Shows 0.8% Increase in May
https://www.nar.realtor/newsroom/nar-existing-home-sales-report-shows-0-8-increase-in-may
Newsweek Most Florida Housing Markets Are in Trouble
https://www.newsweek.com/most-florida-housing-markets-trouble-2086554
Bloomberg US Spring Homebuying Season Has Its Weakest Start in Five Years
https://www.bloomberg.com/news/articles/2025-05-14/us-spring-homebuying-season-has-its-weakest-start-in-five-years
Bloomberg US Home Resales Stay Sluggish on Affordability Constraints
https://www.bloomberg.com/news/articles/2025-06-23/us-home-resales-stay-sluggish-on-affordability-constraints
NAR May 2024
https://www.nar.realtor/newsroom/nar-chief-economist-lawrence-yun-predicts-falling-long-term-interest-rates-rising-existing-home
https://www.eurodollar.university
Twitter: https://twitter.com/JeffSnider_EDU
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