South Florida's Red-Hot Housing Market Icing Out Potential Buyers Who Can't Compete With Investors

By Bobeth Yates, CBS Miami

October 6, 2021

Home prices continue to surge in South Florida, and the trend has left many homebuyers in bidding wars or unable to find properties.

“I’ve been looking for a home for about two years, it has been a very difficult and kinda of a strenuous process,” said South Florida resident Alexander Shepard.

Shepard adds despite have thousands saved and great credit his dream of becoming a home owner has been virtually unattainable.

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