Many markets in Florida saw rampant investor speculation during the previous several years. Traditionally affordable areas were gobbled up by would be landlords and AirBnb hosts forcing out locals and retirees. Now as the rental bubble bursts in areas like Charlotte County these homes are left with little interest from buyers or renters, while owners face massive insurance increases.
#investmentproperty #floridarealestate #housingmarket
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Ben Grieco
Broker Associate
Call/Text: 845-674-5290
Email: BenFloridaAgent@gmail.com
SL# 3330499
Coldwell Banker Sunstar Realty
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#realestateupdate #realestate #floridahousingmarket #housingmarketupdate #housingcrash #housing #housingbubble #rentalproperty #airbnb #insurancecrisis
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