Housing market teeters: Pre-foreclosure spikes, mortgage payments soar, echoing 1980s crisis.

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While the housing market isn’t mirroring the crash of 2008, localized pain is expected due to pre-foreclosure concentrations, especially in areas like Cape Coral, faces significant challenges with high availability rates, indicating structural problems.

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What caused that sad and sudden u-turn? A property tax hike of 174% and rising insurance premiums
byu/Mrbumboleh inRealReBubble

 

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