WEATHER ALERT
Federal Reserve warns of brewing US housing bubble
Read full article: Federal Reserve warns of brewing US housing bubbleEconomists with the Federal Reserve issued an unsettling warning to millions of potential homebuyers, cautioning that the real estate market is showing signs of a brewing U.S. housing bubble. A local real estate agent who News4JAX spoke with says the bubble won’t burst like it did in the 2008 recession, especially in growing cities like Jacksonville -- which instead might continue to see a home and rent affordability crisis.