FLORIDA'S RENTAL MARKET IS A DISASTER

Thousands of newly built Multi-family rentals are about to hit the Florida Housing market further pushing up supply.

📈 As the real estate market experienced a boom in recent years, multi-family housing projects sprung up in cities and suburbs across the country. Developers capitalized on the high demand for rental properties, promising attractive returns to investors and addressing the growing housing needs of a rapidly expanding population.

🏙️ However, with every boom comes the possibility of a bust, and the Florida Rental market may now be over-saturated with multi-family rentals with many more coming online. Oversupply, combined with shifting economic conditions, has created a precarious situation for those invested in this sector.

Looking for an agent?
Ben Grieco
Call/Text: 845-674-5290
Email: BenFloridaAgent@gmail.com
SL# 3330499

Coldwell Banker Sunstar Realty
19700 Cochran Blvd, Port Charlotte Fl, 33948

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