Politics

Zillow to stop buying homes, signaling possible slowdown in housing market

While a flattening market might lead to construction slowdowns, Johnson said it is unlikely to be as bad as 2008, when cities such as Orlando were more than 70% overpriced at their peak. “Those cities that really got burned in the last crash, they’re the least overpriced,” he said. “It’s as if one group of cities learned and another didn’t.”

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