The industry has performed very well. We’ve seen record levels of profitability.

While Florida has been an incredible job engine, wage and income growth has been relatively soft.

The rapid pace of appreciation and other negatives has made housing become very unaffordable. About one-third of home buyers can afford the median price of a house using the traditional down payment of 20 percent...

Housing and commercial real estate have been a very important part of the economy in the Southeast and Florida. Banks are financing all of the development.

This lending has been lucrative to banks here. The housing market has been vibrant.

This may start to pinch some consumers’ wallets.