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Unread 04-10-2013, 03:56 PM   #1
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Default South Florida Income Lags Behind Home Prices Zillow

Just as South Florida's housing market is steaming ahead, new data from Zillow raise a troubling trend that has been masked by low interest rates. According to the Seattle-based real estate information firm, as South Florida home prices have risen, median income hasn't kept pace. In the fourth quarter of 2012, South Florida homeowners spent 3.2 times their median annual income to ...




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