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Housing Prices Make Florida a 'Tough Market to Move Into'

“It used to be that you didn’t need a big salary to afford a home in the Sunshine State, but those days are over,” Ken H. Johnson, Ph.D., a real estate economist in FAU’s College of Business said in prepared remarks. The FAU-FIU report focused on housing affordability in markets nationwide and which areas were dubbed to be overvalued. Florida metros make up six of the 10 most overvalued housing markets in the nation, according to the latest report from researchers at Florida Atlantic University and Florida International University.

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