Real estate slowdown? Not so fast — Florida homes continue to be overvalued

Homes in South Florida are growing more overvalued, suggesting that the housing market may not be slowing down anytime soon. A housing index released this week by researchers with Florida Atlantic University and Florida International University indicates that homes in the region were 16% overvalued compared to their long-term pricing trends in September, an uptick from 14.29% in August. “These results are contrary to the reports that housing markets are slowing down across the country,” said Ken H. Johnson, a real estate economist with Florida Atlantic University. [Source: South Florida Sun-Sentinel]

Bezos’ Blue Origin pitches “mixed-use business park” in space by end of decade

Jeff Bezos’ latest venture, a “mixed use business park,” won’t show up on LoopNet listings anytime soon. Bezos’ Blue Origin said this week that it…

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