Shorts on LEN and DHI: Florida Housing Market Warning Issued by One of America's Biggest Banks
Posted: Jul 04, 2024
- Wells Fargo analysts are warning of a potential housing market crash in Florida - They predict a 15% drop in home prices by 2026 - Factors contributing to the warning include rising interest rates and oversupply of new homes - Florida real estate developers and homebuilders like $LEN and $KBH may be impacted - Homeowners in Florida may experience a decline in home values
Stay ahead of the market with AI stock alerts & AI summaries of the latest earnings, stock ideas for free with Fluid Bot. Sign up now!