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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 |