Despite S. Florida real estate prices climbing, ‘we’re nowhere near where we were back in 2007,’ FAU economist says

Despite S. Florida real estate prices climbing, ‘we’re nowhere near where we were back in 2007,’ FAU economist says

South Florida’s residential real estate markets have climbed well above their long-term pricing trends, suggesting the need for a slowdown in the rate of increases if the region is to avoid a repeat of the market crash of a decade ago, according to a survey by Florida Atlantic University. Ken Johnson, a real estate economist…