‘The risk levels are higher’: Miami is the No. 1 housing market bubble in the world – again

South Florida’s housing market has slowed down from the torrid pace of the past several years. Yet, an annual ranking of global markets still ranks Miami as the riskiest in the world.

However, that’s not a prediction of an impending collapse of home prices, said Jonathan Woloshin, head of U.S Real Estate Research at UBS Global Wealth Management.

“But certainly the risk levels are higher,” he said…

Story continues

TRENDING NOW

LATEST LOCAL NEWS