Home purchases were canceled at highest May rate on record, The Big Short sequel in motion, crash just started in Florida

by

America’s most expensive housing market is right here in the bay area in Santa Clara county as far as large areas where people actually live. But even here the housing market is showing signs of cracking with inventory. Starting to pile up price is getting stale and more homes with the price cut than we have seen in a decade.

Empty ghost towns are piling up all over Florida. Especially in luxury home-building communities where the houses are listed at $1-2 Million. In this video, I walk you through an empty home building site near Lakewood Ranch/Sarasota, Florida. The builder here is Toll Brothers, and they are America’s largest luxury homebuilder.

https://www.youtube.com/watch?v=V7nn9rqUYi4



Uh-oh! It looks like you're using an ad blocker.

Our website relies on ads and the generous support of readers like you to keep delivering free, high-quality content. Right now, we are facing serious funding challenges and we need your help more than ever. Disable your ad blocker and this message will vanish. You can also sign up for a membership to enjoy an ad-free experience while supporting our work: https://citizenwatchreport.com/plans/subscriptions/ Your support helps us stay independent, continue our work, and keep content free for everyone. We truly appreciate your understanding and thank you for standing with us.