In an interview for the TODAY, I explain that all the people who moved to Florida during the pandemic helped drive up home values and rents.

Rents are likely to remain high in Florida because of strong demand and a shortage of units.

Two Texas metros -- McAllen and Austin -- rank among the top five most renter-friendly markets in the U.S.

This is big news.

The desperately needed supply appears to be coming from delivery of units under construction, an increase in unit density and the conversion of many Airbnb units to long-term rentals.

Even though the U.S. housing market is slowing, prices are still rising in many areas due to a shortage of homes for sale to meet demand.

The current rental crisis is hurting Florida's economic growth potential and making it hard for service workers to live near their jobs.

Fort Myers, still recovering from Hurricane Ian in September, is the nation's most overvalued housing market, with buyers paying 62% more than they should, based on a history of past sales.

When we first ranked the Top 100 overvalued housing markets in August 2021, no Florida metros were in the top 10. Times have changed.

June 2023 Newsletter... 🇮🇹Transatlantic Faculty Exchange 🏆Siri Terjesen Heritage Foundation Award 💡New Value Creation Certificate ⛓️Supply Chain Discussion Panel 🚫Companies exiting Russia 🏘️Rent Increases Stabilizing 💸Average Renter Salary Read on: mailchi.mp/45491104ac34/j…

Price increases have started to lessen month-to-month, especially in areas like Seattle, Charlotte and Portland.

"What we're seeing with this evolving insurance crisis is exacerbating the housing affordability crisis," says real estate economist Ken H. Johnson after major insurance providers pulled out of California and Florida.

Mike Armstrong chats with Ken H. Johnson about a surprising fact about building wealth by renting vs. buying. youtu.be/3kIe_-lGvA0 via YouTube

Florida is moving out of a #rental crisis, and into an affordability #crisis where many renters are facing increased costs, but #incomes that don't rise to meet those costs. More🏡tinyurl.com/2yg3bamb #FAUBusinessNews Florida Atlantic Executive Education

Just a year ago, South Florida had some of the lowest housing premiums among measured metros in the United States.

Cities in the #WestCoast are more likely to face #price instability, while areas in the #EastCoast should see stronger price performance, according to researchers at Florida Atlantic College of Business and FIU Real Estate. More🏡tinyurl.com/22bhpjnp #FAUBusinessNews

Many of the cities in the western part of the country are seeing premiums closer to their historic trends.

📰#FAUBusinessNews "Housing premiums have ticked up in seven out of the top 10 hottest #housingmarkets in the country amid concerns that the #RealEstate market is taking off again after years of record price growth." Ken H. Johnson FIU Real Estate

📰#Renters across Florida are faced with a prolonged #affordability crisis despite rent growth having returned to normal, according to researchers at Florida Atlantic College of Business, Florida Gulf Coast University, & The University of Alabama. More🏡tinyurl.com/2yqjoc53 #FAUBusinessNews Ken H. Johnson

Seven Florida cities dominated the list of #overvalued #housing #markets in the country, at a time when #interestrates are squeezing out many buyers, according to researchers at Florida Atlantic College of Business and FIU Real Estate. More🏡tinyurl.com/22gta7py #FAUBusinessNews Ken H. Johnson