So when’s the housing bubble bursting?



And Florida's big cities are at the top of the list.

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Text from a lender.

How do you feel about this?

“Hey Matt, we now have a 100% financing mortgage which is split into a 96.5% first and a 3 1/2% second. The underwriting requirements are pretty lax and as long as your clients have closing costs and the income to support the DTI of 47/57 and a FIC0 of 580 we can get them into a house. This would be great for all those homes that have been sticking around that are functional, but not pretty as it will allow clients to get into homes”

 


 


 
Some Californians making six figures now qualify for low-income housing, as report reveals 41% of households there are ‘cost burdened’ — making it the highest rate in the US

If you’re looking for a starter home, you’ll likely need to earn at least $142,000. And if you’re eyeing a two-bedroom place, your monthly payments could be nearly double what you’d pay in rent.

Vawn Himmelsbach
Jun 11, 2025

 
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