Florida is crashing (top 10 cities AVOID)

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Florida's housing market is turning down in 2024 due to a big rising in inventory and a decline in homebuyer demand. Home prices are now dropping in many parts of the state, and could decline by more in 2024 and 2025. Especially in cities like:
Access housing data on Reventure App: www.reventure.app
10. Cape Coral / Fort Myers
9. Jacksonville
8. Naples
7. Orlando
6. Punta Gorda
5. Tampa / St. Petersburg
4. Ocala
3. Miami Metro Area
2. Lakeland
1. Port St. Lucie
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DISCLAIMER: This video content is intended only for informational, educational, and entertainment purposes. Neither Reventure Consulting or Nicholas Gerli are registered financial advisors. Your use of Reventure Consulting's RU-vid channel and your reliance on any information on the channel is solely at your own risk. Moreover, the use of the Internet (including, but not limited to, RU-vid, E-Mail, and Instagram) for communications with Reventure Consulting does not establish a formal business relationship.
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15 сен 2024

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Комментарии : 1,4 тыс.

@ReventureConsulting 13 дней назад

Major movements happeing in Florida's housing market right now. Inventory spiking to highest level in 10 years in some cities. Price cuts out the wazoo. Track what's happening in your city and ZIP code on Reventure App: www.reventure.app Note: despite this initial declines in Florida, values are still near all-time highs in many markets.

@justinkindler9682 13 дней назад

How about Brevard county Florida space coast specifically Melbourne, Palm Bay, and the beaches up to Coco Beach

@tomb727 13 дней назад

Homes in Florida have been way overvalued for the past 20 years. Prices can come down 50% or even 60%. Then we're going to see a little stability in the market.

@TheBirdmon17 13 дней назад

dude wtf happen to your left eye being lower than your right eye?

@yesla4tesla 13 дней назад

@@TheBirdmon17 lmao! I did not expect this kind of comment...

@seanmacoy-n5f 13 дней назад

So is this reventure website that you're selling sort of like true car or something that tells you what a home should be valued at? Does it show an up to date average price per square foot for single family homes, condos, and townhomes or just single family?

@Riggsnic_co 7 дней назад

I believe the retirement crisis will get even worse. Many struggle to save due to low wages, rising prices, and exorbitant rents. With homeownership becoming unattainable for middle-class Americans, they may not have a home to rely on for retirement either.

@kevinmarten 7 дней назад

Got it! Buying stocks during a recession when prices are down could be a good move. You might get them at a lower price and sell later when they go up. Just do your homework and be aware of the risks before diving in!

@Jamessmith-12 7 дней назад

That's awesome! Investing in stocks with a reliable trading system can lead to great outcomes. It's fantastic that you've been working with a financial advisor for a year now. Starting with less than $200K and being just $19,000 away from making half a million in profit is impressive! Keep up the good work!

@JacquelinePerrira 7 дней назад

Mind if I ask you to recommend this particular coach you using their service?

@Jamessmith-12 7 дней назад

Carol Vivian Constable is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..

@JacquelinePerrira 7 дней назад

She appears to be well-educated and well-read. I ran a Google search for her name and came across her website; thank you for sharing.

@oliviaHill-w4e 11 дней назад

Asking a real estate agent whether you should buy a home right now is like to asking an alcoholic whether they think you should have a drink lol. Homes in my neighborhood that cost around $450k in sales in 2019 are now going for $800 to $950k. Every seller in my neighborhood is currently making a $350k profit. Simply unreal. In all honesty, deflation is what we require. The only other option is for many people to go bankrupt, which would also be bad for the economy. That is the only way to return to normal.

@maiadazz 11 дней назад

The new mortgage rates are crazy, add to that the recession and the fact that mortgage guidelines are getting more difficult. Home prices will need to fall by a minimum of 40% (more like 50%) before the market normalizes. If you are in cross roads or need sincere advise on the best moves to take now its best you seek an independent advisor who knows about the financial markets.

@Aaronduckstein49 11 дней назад

A good number of people discredit the effectiveness of financial advisors in exploring new markets, but over the past 10years I’ve had a financial advisor consistently restructure and diversify my portfolio/expenses and I’ve made over $3million in gains… might not be a lot but i'm financially secure.

@richardhudson1243 11 дней назад

this sounds considerable! think you know any advisors i can get on the phone with? i'm in dire need of proper portfolio allocation

@Aaronduckstein49 11 дней назад

My CFA Annette Marie Holt , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.

@jeromesand 11 дней назад

Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible. I booked a call session with her.

@tatianastarcic 12 дней назад

To my own research In USA, individuals living in cars due to partial homelessness result from a complex interplay of factors. High housing costs relative to income, stagnant wages, and income inequality drive this issue. Job loss, weak social support, medical expenses, evictions, and lack of affordable housing also contribute, while systemic problems and inadequate policies further perpetuate the phenomenon.

@JohnSmith060 12 дней назад

Could you guide me on how to get in touch with your advisor? My funds are being eroded by inflation, and I'm seeking a more lucrative investment strategy to effectively utilize them.

@Hectorkante 11 дней назад

Considering the present situation, diversifying by shifting investments from real estate to financial markets or gold is recommended, despite potential future home price drops. Given prevailing mortgage rates and economic uncertainty, this move is prudent, particularly due to stricter mortgage regulations. Seeking advice from a knowledgeable independent financial advisor is advisable for those seeking guidance.

@nicolasbenson009 11 дней назад

I've remained in touch with a financial analyst since the start of my business. Amid today's dynamic market, the key difficulty is pinpointing the right time to buy or sell when dealing with trending stocks - a seemingly simple task but challenging in reality. My portfolio has grown by more than 5 figures within just a year, and i have entrusted my advisor with the task of determining entry and exit points.

@SandraDave. 11 дней назад

this is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation

@nicolasbenson009 11 дней назад

Melissa Terri Swayne is who i work with and she is a hot topic even among financial elitist in California. Just browse, you’d find her, thank me later.

@bestofcountry7637 6 дней назад

This was exactly why my wife and I sold our house in Florida to move to Texas. I invested some of the money from the sale in the stock market. The portfolio is up 300k this year. I guess she knows the investment is making profit, but we've never really spoken openly about it. It's one of the best choices I made.

@NormanGhali 6 дней назад

Wow, that's a good ROI. You trade or you have been holding all this while?

@bestofcountry7637 6 дней назад

Oh no, I don't really trade. Too complex and random for me. I work with a financial advisor.

@cloudyblaze7916 6 дней назад

That's really great. I've tried doing some research myself to hire a financial advisor, but it's really overwhelming. Could you recommend who you work with, please?

@bestofcountry7637 6 дней назад

*Marissa Lynn Babula* is the licensed fiduciary I use. Just research the name. You’ll find necessary details to work with a correspondence to set up an appointment.

@albacus2400BC 6 дней назад

Thanks a lot for the recommendation. I'll send her an email and I hope I'm able to connect with her.

@alexsteven.m6414 11 дней назад

The effects of the downturn are beginning to sink in. People are being impacted by the long-term decline in property prices and the housing market. I recently sold my house in the Tampa area, and I want to invest my lump-sum profit in the stock market before prices start to rise again. Is now the right moment to buy, or not?

@antoniaribeiro8073 11 дней назад

Stocks with yields that outperform the market should be on your radar, as should shares that at least lag the market over the long term. But if you want a long-term strategy that works, I advise you to consult a broker or financial advisor.

@Tanner-c2m 11 дней назад

I concur; I've been in frequent communication with an investing advisor for more than 17 months. I definitely remember needing inspiration to keep my business running after a protracted divorce. I researched licensing consultants, sometimes known as portfolio coaches by some.

@PennyBernadette 11 дней назад

I require suggestions on how to restore my portfolio and create more effective strategies in light of the huge declines. Where can I locate this instructor?

@Tanner-c2m 11 дней назад

"Rebecca Nassar Dunne" is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

@samuelrandy-k8x 11 дней назад

Benevolence, this reference seems valid.. Just inputted her full name on my browser and found her site without sweat, 13 years of experience is certainly striking! very much appreciate it

@Mathew-zs3nz 12 дней назад

Mortgage rates are currently at an all time high since 2000(24 years) and based on statistics on inflation, we might see that number skyrocket further, a 30-year fixed rate was only 5% this time last year, so do I just keep waiting for a housing crash before buying or redirect my focus to the equity market

@Richie-3wr 12 дней назад

The stock market is no different, to maintain profit you need to have some in-depth knowledge on the market. I mostly just buy and hold stocks, but my portfolio has been mostly in the red for quite awhile now. Unfortunately to be able to make good gains, you’ll need to be consistent and restructure your portfolio frequently.

@Olivia-z5c 12 дней назад

In my opinion, it was much easier investing back in the 80s but it’s a lot trickier now, those making consistent profit in these times are professionals reason I’ve been using an advisor for the past 5 years to consistently build my portfolio in preparations for retirement.

@Agatha.wayne0 12 дней назад

My partner’s been considering going the same route, could you share more info please on the advisor that guides you

@Olivia-z5c 12 дней назад

I'm very cautious about giving specific recommendations as everyone's situation varies. Consider independent financial advisors like "Jessica Lee Horst" I've worked with her for some years and highly recommend her. Check if she meets your criteria.

@Jasonshelton- 12 дней назад

Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.

@patrica7 13 дней назад

Every crash/collapse brings with it an equivalent market chance if you are early informed and equipped, I've seen folks amass up to $1m amid economy crisis, and even pull it off easily in favorable conditions. Unequivocally, the collapse is getting somebody somewhere rich.,..

@MrsStephanie5 13 дней назад

I do not disagree, there are strategies that could be put in place for solid gains regardless of economy or market condition, but such execution are usually carried out by investment experts with experience since the 08' crash

@Michael25ycl 13 дней назад

The issue is people have the "I want to do it myself mentality" but not equipped enough for a crash, hence get burnt. Ideally, advisors are reps for investing jobs, and at first-hand encounter, my portfolio has yielded over 300% since 2020 just after the pandemic to date.

@Keneth94 13 дней назад

i'm blown away! mind sharing more info please? i am a young adult living in Miami where i've encountered several millionaires, and my goal is to become one as well

@Michael25ycl 13 дней назад

My CFA NICOLE ANASTASIA PLUMLEE a renowned figure in her line of work. I recommend researching her credentials further... She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.. ..

@Keneth94 13 дней назад

Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.

@ruffleschips9055 13 дней назад

When someone buys a Florida house for $10 million, and then tries to flip it for $38 million, I have no pity for him if he can't sell it for 50% off his asking price.

@FreddyPrays 13 дней назад

zero pitty, it's just greed.

@nee-grow 13 дней назад

Right. The country is getting real sick and tired of all these wannabe "hustlers" and home flippers.

@N2MyGroove 13 дней назад

@@ruffleschips9055 unfortunately, it’s mostly not a “him”. It’s an international conglomerate of covert investors, such as BlackRock. 20-25% of residential housing in the USA has been flat out given to these un-named & unaccountable foreign & domestic entities via WallStreet middlemen. These packaged financial systems are funding our parents and grandparents via investment portfolios. Collectively, they are taking care of themselves and pulling up the ladder for everyone that has followed them. Never-mind the obvious influence of the US political parties and certainly the US Supreme Courts decision relative to Citizens United. I believe in higher laws/powers, guided by Divinity. We are overdue for a rebalance. The opportunistic that chose greed over the collective wellbeing, will be held to account. It has been historically proven. Despite Religion. Race. Geography. Gender. Politicians. $$$$. We are all in this together. God Bless…the experience of existing as a human being 💜 ☮️ In other words, Siloed egos power trips, equate to zero for all

@user-is6wb9xn8o 13 дней назад

South FL houses appreciated double or triple fold since pandemic. A lot of people might have borrowed against available equity with their home as collateral. The house prices are now rapidly going south! What will bank do now?

@pargolf3158 13 дней назад

How about if he sells it for 1% of his asking price? Are you cool with that?. That's still $380, 000, 000.

@nancyduynslager6981 13 дней назад

I grew up in Saint Petersburg, FL. Graduated h.s. here in 1983. My rent has gone up sky high since 2020. I was planning on buying a house in 2021. Forget it. All the houses were bought up in cash, companies bought a big majority. People from California & New York Were paying over the asking price Forget it if you needed a loan. Rent is outrageous . My rent has gone up 45% since 2022. Ridiculous

@kjay5056 13 дней назад

What do you do for work? 41 years later and you never bought a house?

@PonyGirl004 12 дней назад

My rent is up in Tampa $650 more per month in the last 4 years, it used to go up $35-50/yr

@ker5776 11 дней назад

That would be called inflation. Biden inflation

@BoBoZoBo 11 дней назад

@@kjay5056Had the same question.

@comradeyuri8492 11 дней назад

Get out of FL while you can. I can't sell my house in Punta Gorda due to all the inventory so I'm stuck !

@kortyEdna825 7 дней назад

I’m in Ohio and the housing market here over the last 7-8 years is unlike anything I’ve ever seen. Homes that were bought for $130K in 2015 are now being sold for $590k. I’m talking about tiny, disgusting, poorly built 950 square foot shit boxes in quiet mediocre neighbourhoods. Then you’ve got Better, average sized homes in nicer neighbourhoods that were $300K+ 10 years ago selling for $750k+ now. Wild times.

@NicholasHarmon-ow3jl 7 дней назад

Home prices will come down eventually, but for now; get your money (as much as you can) out of the housing market and get into the financial markets or gold. The new mortgage rates are crazy, add to that the recession and the fact that mortgage guidelines are getting more difficult. Home prices will need to fall by a minimum of 40% (more like 50%) before the market normalizes.If you are in cross roads or need sincere advise on the best moves to take now its best you seek an independent advisor who knows about the financial markets.

@KaurKhangura 7 дней назад

Personally, I can connect to that. When I began working with a fiduciary financial counsellor, my advantages were certain. I got into the market early 2019 and the constant downtrends and losses discouraged me so I sold off, got back in Dec 2021 this time with guidance, Long story short, its been 2years now and I’ve gained over a million dollars following guidance from my investment adviser.

@Justinmeyer1000 7 дней назад

This is huge! think you can point me towards the direction of your advisor? been looking at advisory management myself.. seeking ways to invest and make more money with the uncertainty in the economy.

@KaurKhangura 7 дней назад

‘’Aileen Gertrude Tippy’’ is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.

@Justinmeyer1000 7 дней назад

Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.

@gary9080 13 дней назад

Prices doubled so a 25%drop would be a correction. Another 25% would bring back affordability after taxes and insurance returned to normal.

@freedomoffgrid82 13 дней назад

insurance will never return to normal. they don't give up that cash cow.

@DB-sd3cw 13 дней назад

@@freedomoffgrid82jew activities

@ZaKRo-bx7lp 13 дней назад

* another 50% percent drop 😉

@BSP1822 13 дней назад

@@freedomoffgrid82 most major home insurance companies won't even cover you in FL anymore. At least in Central/South FL. Too much risk.

@shanerogers9386 13 дней назад

@@gary9080 I remember seeing a few places sell 75 percent off in boynton beach after that last one burst.

@joeykitty2892 13 дней назад

Property tax; HOA fees; insurance; storms, are all dealbreakers for remaining in, or moving to Florida.

@MB031 13 дней назад

Property taxes in FL are fine but HOA and insurances are NOT !

@mike-uw6wt 13 дней назад

You forgot the politics.

@305dadecounty305 13 дней назад

Looks like things haven't changed. There is a reason why florida was cheap and people chose to ignore it bc everything was open during the pandemic.

@robertmanley2687 13 дней назад

@@mike-uw6wt MAGA

@jimshoe402 13 дней назад

What are they doing with the HUGE Tax increases Buying Junk ??

@verdeyoro 13 дней назад

Florida is so expensive to live there and wages are very low, who can pay high rent or mortgage with that little bit of money written on the paycheck

@julienalexander6113 13 дней назад

That's why I'm so glad I left that ratchet state!

@danielfiore8865 13 дней назад

Retired NYC employees with a chunky retirement

@vltruan 13 дней назад

It used to be alot more affordable, but the housing prices are just ridiculous now. Wages have increased, but not enough to keep up with the prices for most folks. You should be ok if you purchased a home between 5-10 years ago. For potential buyers that can afford it, I would wait until the rate cuts come back, or start making lower offers.

@Gonefishing6572 13 дней назад

@@julienalexander6113Thats racket. 😊

@Tailionis 13 дней назад

@@vltruanI'm looking for a tiny home. It's all I can afford now. I need to get it asap before those are 300k too

@dapperdino1996 13 дней назад

Sold my house 3 months ago in Clermont Florida and moved to a different state. I saw the writing on the wall.

@MM-kf3gq 13 дней назад

What state you move to?

@dapperdino1996 13 дней назад

@@MM-kf3gq North Carolina

@MM-kf3gq 13 дней назад

@@dapperdino1996 heard that state getting super popular

@nicklaaflare1907 13 дней назад

America is about to collapse as a whole …people will be moving to a different country…especially when states start going bankrupt.

@dapperdino1996 13 дней назад

@@MM-kf3gq It is. It’s booming up here. I definitely like it better than FL. The weather is in the high 70s now, we have mountains, beaches, cheap car insurance and fall is to die for. I think having 4 distinct seasons is so much better than sweating 9 months out of the year.

@patricia_nura3378 13 дней назад

Because so many people overpaid for homes even while loan rates were low, I believe there will be a housing catastrophe because these people are in debt. If housing costs continue to drop and, for whatever reason, they can no longer afford the property and it goes into foreclosure, they have no equity since, even if they try to sell, they will not make any money. I believe that many individuals will experience this, especially given the impending mass layoffs and rapidly rising living expenses.

@ryan_dylan6650 13 дней назад

I advise you to invest in stocks to balance out your real estate, Even the worst recessions offer wonderful buying opportunities in the markets if you're cautious. Volatility can also result in excellent short-term buy and sell opportunities. This is not financial advice, but buy now because cash is definitely not king right now!

@leonardives1991 13 дней назад

You're correct! With the help of an investment coach, I was able to diversify my 450K portfolio across markets and produce slightly more than $830K in net profit from high dividend yield equities, ETFs, and bonds.

@debroahmorrow5919 13 дней назад

My portfolio has been in the gutter for the entire year, so I started researching new ways to profit in the market, but everything I tried just seemed to miss the mark. Please let us know the name of your financial advisor.

@leonardives1991 13 дней назад

Jennafer Beaver Turner is the licensed advisor I use. Just research the name. You'd find necessary details to work with to set up an appointment

@debroahmorrow5919 13 дней назад

I just copied and pasted Jennafer’s whole name into my browser, and her website appeared right away. You've saved me several hours of arduous research, therefore I appreciate it.

@chinyerejoseph8004 11 дней назад

Hit 200k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started with 14k in last month 2024

@LucyVade 11 дней назад

Wow that's huge, how do you make that much monthly?

@WilliamAMilley 11 дней назад

I'm 37 and have been looking for ways to be successful, please how??

@chinyerejoseph8004 11 дней назад

Sincerely speaking. I will continue to trade and stick to expert catherine daily signals and guides as long as it works well for me.

@FavourGift-en6en 11 дней назад

Woah for real? I'm so excited. Adriana's catherine strategy has normalised winning trades for me also. and it's a huge milestone for me looking back to how it all started

@user-fn1kg6tx9l 11 дней назад

She is my family' personal Broker and also a personal Broker to many families in the United states, she is a licensed broker and a FINRA AGENT in the United States.

@RaymondKeen. 9 дней назад

The effects of the downturn are beginning to sink in. People are being impacted by the long-term decline in property prices and the housing market. I recently sold my house in the Sacramento area, and I want to invest my lump-sum profit in the stock market before prices start to rise again. Is now the right moment to buy or not?

@Vincent-j8u 9 дней назад

Given the current market situation and the precarious state of the economy, I would recommend refraining from investing in stocks for a while or, alternatively, seeking guidance from a financial advisor. However, keeping a portion of your wealth in gold remains a wise choice.

@DorathyJoy 9 дней назад

I completely agree. I have been consistent with my profit regardless of the market conditions. I got into the market early in 2019 and the constant downtrends and losses discouraged me, so I sold off. I got back in December 2020 and this time with guidance from an investment adviser who was recommended by a colleague

@TinaJames222 9 дней назад

Is there any chance you could recommend who you work with? I've wanted to make this switch for a very long time now

@DorathyJoy 9 дней назад

Finding financial advisors like Melissa Terri Swayne who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.

@Hectorkante 9 дней назад

I just looked her up on the internet and found her webpage with her credentials. I wrote her an outlining my financial objectives and planned a call with her.

@Meil-k4t 12 дней назад

I moved to KCMO a few years ago ,I’m a new mum and I'm weighing my options: should I invest in a single-family home despite soaring real estate prices, or would it be wiser to put my money into stocks and wait for a housing market correction?

@donhug-q8k 12 дней назад

thats a personal decision, but i would suggest you hold off a little.

@HurJon 12 дней назад

well you could put a downpayment on a home and as well diversify as much as you can into Ai and pharm. stocks

@ric-morris7763 12 дней назад

Some AI companies might be overvalued and cause a market downturn. Consider a managed portfolio, but even those have limitations. It's best to consult a financial expert (like we did, and earned $738k in Q4 last year) to get personalized guide

@Meil-k4t 12 дней назад

who do you work with? can you recommend me?

@ric-morris7763 12 дней назад

Glen Howard Chester is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

@AskMadden 13 дней назад

I love how you mentioned that in Tampa/St.Pete that people are unaware of prices retracting. It's so true, people exist in Lala land here

@matt243 13 дней назад

For real. I get called Chicken Little and Bubble Boy when I mention that we're due for a crash here.

@MLagarde0425 13 дней назад

@@matt243Same here

@CaptainCaveman1170 13 дней назад

It doesn't help that Redfin and especially Zillow are posting numbers that are waaaay out of touch with reality. Still saying prices are up big in places where they have been declining for well over a year.

@tapptom 13 дней назад

St. Pete was always a strange RE market

@nee-grow 13 дней назад

@@matt243 lol

@DoubleMaduagwu 12 дней назад

As a beginner what do I need to do? How can I invest, on which platform? If you know any please share.

@FghyVgh 12 дней назад

You're correct!! I make a lot of money without relying on the government. Investing in stocks and digital currencies is beneficial at this moment.

@subashpawar5922 12 дней назад

I just want to use this opportunity to say a very big thank's to Sonia duke and his Strategy, he changed my life.

@FibfvkFibfvk 12 дней назад

Soina Duke program is widely available online..

@DoubleMaduagwu-sb4kp 12 дней назад

Started with 5,000$ and Withdrew profits 89,000$

@DoubleMaduagwu-sb4kp 12 дней назад

Soina gave me the autonomy I need to learn at my own pace and ask questions when I need to she's so accommodating.

@stephenbush7200 13 дней назад

Need badly a 40-50% deflation adjustment on land and homes nationwide.

@toyaavant5129 13 дней назад

It’s coming just stack some cash and gold if you can and wait

@007stopjockin 13 дней назад

Darn right!!! Come on 70% correction!!! 007

@markpitchford7375 13 дней назад

need 60-70% price drop just to get back to 2019 affordability given the elevated interest rates, taxes, and insurance.

@CaptainCaveman1170 13 дней назад

@@Tater-Skinz Yes it is. Something that doubles in price only needs to lose 50% to get right back to where it was. Can it go more than 50% down? probably in some places, but 50% is a catastrophic crash in anyone's book.

@alphaforce6998 13 дней назад

It's going to have to be more than that. Prices were up more than 300% in many parts of Florida. A 50% drop would mean they're still 150% too expensive.

@montymatthew1784 13 дней назад

Port st lucie will IMPLODE!

@aprilgentile5438 13 дней назад

Yet they’re still building it’s crazy !

@equityjustice2695 13 дней назад

But houses and rent are cheap their compare to South FL 😔

@rubiogy 13 дней назад

I really hope it does, so I can actually afford to buy a house in that area!

@angelacironedebenedictis9014 13 дней назад

Let me know when this happens. I've been wanting to move there too. I can wait though lol

@Dohair879 12 дней назад

The traffic is now insane.

@siouxrose7766 13 дней назад

I have a friend who is super savvy with real estate--and art! She got a great pool home in Naples before the market rose, and she paid $300k. It doubled in value in a matter of 5 years. I visited and loved her place. She took me to a Good Will and a Habitat For Humanity store that sold used furniture. You cannot believe the quality of things for sale in those places. My friend told me that wealthy women in Naples redecorated every year or two leaving prior fabulous furniture at these consignment shops. My friend also studied art and found pieces worth several thousand dollars each (she recognized the artists' names) at these local shops!

@loanokaharbor8303 13 дней назад

Prices will be going back to 300k range within a year. 👍

@alyross2850 13 дней назад

That’s everywhere. I do that for a living. I flip things I find in those place and resell them. Not too unusual to find high end clothing, accessories, in those places. You would not believe what people give away because they are too lazy to sell it themselves. 😊

@kathleenmccarthy4510 13 дней назад

Did she have a background in real estate; was she a licenced agent or broker? Serious question

@shanerogers9386 13 дней назад

My friend goes to estate sales, garage sales, goodwills and has an amazing eye for things of value. It’s his side hustle. he buys things for dollars and sells for hundreds routinely. I think his record was a small tea cup or something like that he got for $1.25 at goodwill and sold it online for $1500. Cool hobby.

@siouxrose7766 13 дней назад

@@shanerogers9386 I buy designer clothing at these places. One year close to the holidays there was a long line; so I stirred up a conversation with the woman ahead of me. She told me she put her daughter through law school ... by finding things of value at those types of places and selling them for a lot more on Ebay, etc. It's a good side hustle if you're good at logistics.

@CDMaclintock 13 дней назад

I'm REALLY GLAD I didn't buy that "older Condo" in S. Florida (2005) I was very close to buying.....

@mike2959 13 дней назад

No but I wish I would have bought that condo in Naples in 2011 that was 89k, it sold last year for 798K.

@enthused7591 13 дней назад

Would sure have been smart to reconsider by the time 2009-2010 rolled around at 65% off the 2007 price.

@vickieelisa2248 12 дней назад

Floridians were deer in headlights blind ded by banning books, Disney, woke, and trans reading at library story time instead of fighting to preserve their property values.

@benjaminlyng8269 12 дней назад

How much of this uptick in inventory is a result of people struggling to sell condos because of the regulatory risk / state mandated CAPEX requirement?

@joaultman 13 дней назад

Wages are the same as when I lived in Jacksonville in 2001

@MX-CO 13 дней назад

I made more in 2001 than I do now but Rent has doubled

@Man_of_TheWay 13 дней назад

Agreed, you can't leverage anything here because someone else will always take the lower pay and undermine everyone else.

@MX-CO 13 дней назад

@@floridad4717 I was a car salesman and made more in 2001 then I do now

@joaultman 13 дней назад

@floridad4717 not better than Ohio, I was making 32 an hour, same job here wanted to give me 12. Food is cheaper, taxes cheaper homes cheaper insurance cheaper. Who cares if you don't pay taxes when everything else is 4x more

@nee-grow 13 дней назад

Who needs money when you can get paid in sunshine, lol.

@casonbrown9678 13 дней назад

West Palm Beach. New construction. Listed for 5 million. On the market for over 400 days.Price lowered over 40%. Ouch.

@GaryWarren-em7el 12 дней назад

Amazing video, you work for 40yrs to have $1M in your retirement, mean while some people are putting just $10K into trading from just few months ago and now they are multimillionaires

@shirinahammed9019 12 дней назад

Waking up every 14th of each month to 210,000 dollars it's a blessing to I and my family...Big gratitude to Geraldine lane

@AdaneFenatw 12 дней назад

Same here, with my current portfolio made from my investments with my personal financial advisor (Gerladine lane) I totally agree with you

@AlassaneCoulibaly-p6m 12 дней назад

YES!!! That's exactly her name (Gerladine lane) so many people have recommended highly about her and am just starting with herfrom Brisbane Australia

@BarbaraLinda-s9e 12 дней назад

I have heard a lot of wonderful things about Gerladine lane on the news but didn't believe it until now. I'm definitely trying her out

@John-e8q2g 12 дней назад

Life is easier when the cash keeps popping in, thanks to Gerladine Lane services. Glad she's getting the recognition she deserves

@joniyilmaz 12 дней назад

Thank you for sharing. Financial education is crucial today to show incredible resilience and discipline in the volatile market, masterfully balancing strategy and insight for success. This dedication to continuous learning is inspiring...managed to grow a nest egg of around 100k to a decent 432k in the space of a few months... I'm especially grateful to Sandy Barclays, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.

@joniyilmaz 12 дней назад

Sandy Barclays program is widely available online..

@sheisjavier4 12 дней назад

Indeed, the recent market downturn serves as evidence that a vast majority of individuals lacked a sufficient understanding of the underlying financial dynamics at play.

@lihlacerda 12 дней назад

Over the years, I've been a part of numerous trading programs, sifting through a barrage of information. Yet, nothing has come close to the sheer clarity, depth, and precision of Sandy insights. It's akin to finding a diamond in a coal mine.

@Birdman5902 12 дней назад

Even with the right strategies and appropriate assets, investment returns can differ among investors. Recognizing the vital role of experience in investment success is crucial. Personally, I understood this significance and sought guidance from a market analyst, significantly growing my account to nearly a million. Strategically withdrawing profits just before the market correction, I'm now seizing buying opportunities once again.

@batiaz 12 дней назад

Building a good investment portfolio is more complex so I would recommend you seek Sandy’s support.

@Erinmills98 12 дней назад

Sometimes, the numbers on a spreadsheet don't capture the storm on the horizon. Is it still worth riding the Florida wave?

@simonbad 12 дней назад

Investing in real estate is always a gamble, but understanding local markets is key. Florida's boom might be hiding deeper cracks.

@user-sb6po3yj7d 12 дней назад

I've been struggling to figure out where to put my money next. Anyone know a solid investing professional who could help?

@AstaKristjan 12 дней назад

I've heard Kristin Amy Rose is pretty sharp with navigating complex markets. Has anyone worked with her?

@LarsBergstrom-uh2eu 12 дней назад

Real estate isn't just about property; it's about the community and future potential. Florida's long-term growth is what I'm watching closely.

@danrichardson6132 12 дней назад

This guy has been calling for a crash since 2021 so he can sell a membership.

@Howiefaam31459 13 дней назад

Watch out for Cape Coral. It was ground zero for the 2008 housing crash.

@bryanzamora8861 11 дней назад

Lehigh was actually

@snookiparks 13 дней назад

In Scottsdale, my car insurance went up 50%, my home insurance up 35%, price gouging for sure. I will self insure before I pay these prices for insurance.

@amrice62 13 дней назад

Thanks for adding perspective

@caroleelder4836 9 дней назад

I’m in Pittsburgh area and my car and homeowners also went up but don’t think 50%.

@tomlewis632 13 дней назад

Yes it is crazy, I just retired and left Apopka, Florida. In 2016 I bought a 1200 sq.ft. home for $165K,.... today it is on Zillow for $368K. Everyone in the world wants to move there. How in the hell does everyone know about this little town?.....And everyday a big traffic jam on 441. In the 1960's they used to have signs at the city limit that said that it was the indoor foliage capital of the world because of all the Nurseries. But most of them sold off and are now sub divisions. Most of the yards are pure dirt, even with sprinkler systems due to the bugs. It takes about an hour to get anywhere, even with all the toll roads. I moved to a little town in North Alabama, Dora, which is small, like Mt. Dora in Florida.

@nee-grow 13 дней назад

Corporations using algorithms to find the lowest priced real estate everywhere in the country is my guess. Blackrock is buying up entire neighborhoods in Florida to rent out.

@N2MyGroove 13 дней назад

@@tomlewis632 a small town in Alabama sounds so refreshing in comparison, congrats! Growing up in Florida, our family vacations were road trips 2X a year to visit grandparents in Mobile, Anniston & Birmingham. You’ve made good decisions

@tonyh4513 12 дней назад

I'm in Apopka. Still very nice but for sure the insurance is the biggest problem here. Unfortunately this is all planned and will eventually reach everyone. The middle class is almost doomed. The only saving grace for you is that you are retired. I have a couple more years to go and praying that I can hang on. By the way congrats to you on your move.

@tomlewis632 12 дней назад

@@tonyh4513 Yes I fought with State Farm Several times. Then they stopped offering coverage for homes. Only cars. And none of them will issue you insurance while there is a tropical storm or hurricane developing near. You have to wait until it passes. So make sure you are covered before the season hits.

@jamesleonard4713 10 дней назад

Can understand the move, been telling the wife we need to move North of Ocala to get out of the crowd myself. I remember when driving to MT Dora was mostly a 2 lane road and now 6 lanes isn't enough. I feel sorry for the long term residents of that area. The Villages sprung up from 0 in the 80s, to over 300k now.

@IJRPUBLIC 13 дней назад

Hollywood Florida Home flipper dropped his price from $1,200,000 to $850,000 right here on Adams st. No one can afford this.

@k_escobar917 13 дней назад

I love living in Hollywood. The only thing I hate is how easily it floods here…Hollywood, Hallandale, Dania are a mess

@996turbo 13 дней назад

@@k_escobar917 Hollywood also it’s shit show here Wild West , but noting will crash here ppl moving in every day

@user-vs8et8gk5s 11 дней назад

😂😂😂😂😂 yeah right. They revamped downtown Hollywood, but it's not enough. They went with the Wynwood aesthetic 🤮.

@user-vs8et8gk5s 11 дней назад

@k_escobar917 I hate what they've done to Dania. It had an old-time feel and now it's full of skyscrapers 😢....

@Slapnfish 13 дней назад

Spent 2 weeks on vacation in Florida. Never saw more for sale signs in my life. Actually freaked me out.

@floridasuncoast 13 дней назад

Insurance that was $2,500 now $7,500 w flood insurance becoming mandatory for many/most homes over time. Currently 25% of flood claims are OUTside flood zones.

@Gonefishing6572 13 дней назад

Oh well there's always the trailer parks. Pink flamingos and all.😂😂😂😂😂

@Cozydrone 13 дней назад

I sold my house 2 years ago in cape coral at the high point.i got real lucky.😊

@terrydlewis8681 13 дней назад

Are you still in Florida?

@1973superdad 13 дней назад

Why did you move? How long did you live there?

@user-vs8et8gk5s 11 дней назад

Very lucky! I was there in 2021 and it was a ghost town. Fast forward to 2022 and everything skyrocketed. Crazy how that happens.

@80sgyrl82 13 дней назад

Median Florida salary is about $60k. Even if-when housing crashes, it won't be to an affordable price, for the average Joe, making $40,000. Prices would have to be under $200,000.

@JohnnyLightningV10 13 дней назад

It's definitely plausible because insurance alone is killing the ability for affordability

@lindaknox6623 13 дней назад

I read about and heard stories about the boom and then bust of Florida real estate in the 1920s. Interesting, 100 years later, the exact same things have and are happening in Florida now. The 5 reasons for the Florida bust of the 1920s according to a site I checked are: 1) Those who made lots of appreciation on their properties sold, thus taking their profits. 2) Negative stories about the expense of Florida land/home ownership were appearing. 3) Fewer buyers were interested in buying Florida properties 4) A horrendous hurricane and severe storms made the area less desirable. 5) Lastly, the stock market crash of 1929 destroyed the wealth of nearly all formerly potential buyers.

@michaellanza6327 13 дней назад

Im from Ocala, I was very interested to see if and where we would land. So way overpriced here, a big fall coming. Im in mobile home development in which prices more than doubled since 2020 and nothing is selling other than land.

@bigbubba4314 12 дней назад

9:45

@TT-hv8bx 11 дней назад

I read another article, where Ocala was, one of the top places people are moving to. I remember as a kid Ocala to Orlando was nothing but orange groves. Nothing but houses now.

@6gredlite907 10 дней назад

@TT-hv8bx I want to move their next year. I've been paying attention to the rent prices there for 3 years now, and they are definitely gotten higher even for old homes.

@bearbull88 10 дней назад

My parents sold a house just south of Ocala last month and it had multiple offers within the first couple of days. I was shocked. There is a lot of new development going on, new neighborhoods, and that may account for the huge increase in inventory. Personally I think people are moving here because it's cheaper but it's cheaper for a reason.. it's so hot and miserable during the summer. On the coast you at least get a breeze, It's hotter in the summer and colder in the winter in Ocala.

@mariedennis510 8 дней назад

I live in rollinghills.

@MB031 13 дней назад

Those highest inventory are where recent hurricanes hit it very hard, destroyed and flooded everything ! Ft. Myers beach, Cape Coral, Naples and east coast as well. Lakeland is a ghost town and over all Florida has the same wages 25 years, nobody can afford to live there with high prices and so little paycheck !

@apmartini70 11 дней назад

Why do people talk about wages as a limiting factor for FL real estate? Most of the folks moving down are retired people with money. They are not working, they have investments and/or a pension, and probably sold a home up north.

@DaveRichard-bd8iv 13 дней назад

I had trouble understanding trading in general. I tried watching other YT trading channels but they made the concepts more complicated. I was about to give up until I discovered your channel. I love the way you break down the content and explain everything in detail. The videos are easy to follow.

@DenisePozzi 13 дней назад

I have been losing a lot trying to make a profit from trading. I thought trading on a demo account was like trading in the real market. Can anyone help me or at least advise me on what to do?😊

@JerryHaparr 13 дней назад

I advise you to follow experts and experienced people like Ms. Sara Ramirez

@RicardoGalvão0 13 дней назад

Trading on a demo account can definitely seem similar to the real market but there are some differences. It is important to remember that trading involves risk and it is normal to experience losses sometimes. One piece of advice is to start small and gradually increase your investments as you gain more experience

@AntonioRocha7 13 дней назад

Hey, I am shocked that you just mentioned Ms. Sara, I thought I was the only one who used her

@BRIFAR-eu7pi 13 дней назад

You don't need to be shocked haha because I am also a big beneficiary of her

@justineaton6386 13 дней назад

Current resident of Jacksonville Fl, I can tell you now, home prices and rents are going to go full fire sale next year. The job market here does not support the prices and the price to sqft ratio + Deposit/Fees and needing to make 3 times the rent has many homes sitting for months with 0 applications. The corporations that own these homes like Progress and First Key are doing their best to not lower the prices by much, but that just means they will sit vacant. For mom and pop landlords, many aren't keeping up with the current trend, and are trying to charge outrageous rent prices, and when no one bites within a month of listing, they then put it up for sale which no one is buying. People simply do not have the money, not with a median income of $35k and household of $64K.

@LJ-jq8og 13 дней назад

If I am interested in the areas just north of JAX up to the Georgia state line, but staying in FL for tax reasons, what do you think about Hillard and Yulee and all those places above Jax ?? Thanks !

@dingodave1238 13 дней назад

I will believe it when I see it. Houses on the beaches side have practically doubled in the last 4-5 years. Just looked at a 2000sq ft house that was last sold in late 2015 for $433k. Now on the market for 1.175 million. Lots of buyers with tons of cash.

@justineaton6386 13 дней назад

@@LJ-jq8og Once unemployment crosses 8.250 Million, you'll see the start of panic in housing and inventory start to skyrocket. If you're looking to grab a house, wait until unemployment stops going parabolic and starts to even out

@justineaton6386 13 дней назад

@@dingodave1238 Now how many of them are actually selling? Doesn't matter how much it list. 2015 buyers aren't 2024 buyers. One came right out of a crash, another is going right into it. Drop the address of the place if you dare so we can see if they cut the price $5,000 multiple times.

@dingodave1238 13 дней назад

Going to take a lot of 5k price cuts to make a nearly 1.2 million dollar house that should be a 500k house affordable.

@DJTheoSF 13 дней назад

Sad to see what is happening to all the fixed income retired people.

@DrewRueDoo 13 дней назад

They voted for MAGA and DeSantis. They deserve it.

@jagodah1130 12 дней назад

@@DrewRueDoo WTF? Maga is not in power now, that is your Bidenomix…wake up!

@craptacular8282 13 дней назад

The best time to buy is when the banks stop lending. That's when you need a big pot of cash in the bank.

@BradleyJ_FL 13 дней назад

I live in Port Saint Lucie and the prices are 50% over at minimum of what the local economy can support! The only people buying here are from out of state or from the south. We are set for a major crash!

@larrymann1272 10 дней назад

Yes, many drive out of PSL to work. Mostly service and hospital type jobs in PSL.

@BradleyJ_FL 10 дней назад

@@larrymann1272 I’ve noticed that most of the people buying and moving into the new construction are “work from home people” ie from out of FL. Or people that are stacking up 2-3 generations or family in the same home. I literally drive these communities with job everyday and there are way too many cars in the driveway from 10:00-3:00. Once the work from home collapses, PSL housing collapses. People aren’t retiring here because it is cheaper to stay where they are at. Plus taxes are ready to go up again.

@larrymann1272 10 дней назад

⁠@@BradleyJ_FL I’m in Brevard , but have friends i visit in PSL. Notice a lot of people living in one house.

@BradleyJ_FL 10 дней назад

@@larrymann1272 I work in the industry and there are hundreds/ thousands of units going in, rentals and for sale. I just can’t imagine how locals can afford to keep this market flowing. We don’t make enough to put a dent in a mortgage payment for these prices. I make a decent wage for PSL and I can barely afford to rent an apartment for my family. Out of state money only goes so far before the market collapses and the state government realizes that the people drive the economy, not big money moving in.

@larrymann1272 10 дней назад

@@BradleyJ_FL Same here in Palm Bay, new homes that can’t sell are being rented, plus brand new 4 story apartment complexes ( wood framed) just being built 1 mile from my house

@Unknown-pc9yq 12 дней назад

Life long floridian, leaving when my house sells. The traffic is unbelievable, quiet little beach towns no longer exist. To many new yorkers retired here. I'm so tired of hearing "well NY has the best...", go back if it's so much better. The house I am in was $175k brand new 5 years ago and now it's allegedly double? Meanwhile it's already falling apart. Also way to many foreigners who illegally crossed.

@goochmcduck4285 11 дней назад

Thank you! Can’t stand when blue staters move to a red state and complain about everything. This place use to be my dream now it’s literally my worst nightmare. I want to move out to the desert in AZ at this point

@user-vs8et8gk5s 11 дней назад

Don't forget the skyrocketing crime rates. It's like the 90s all over again.

@BarryWeaver-pv6cz 8 дней назад

so move!! You sound like one of the whiners you complain about. NY does have the best....Free medical, free college educations, high paying jobs, but it's freakin cold there!!

@Copilot1204 День назад

@@goochmcduck4285Forced to come here from California and I agree New Mexico or Arizona is where it’s at .

@texanwd8387 13 дней назад

Not a crash, just a market adjustment

@Way2EasyDIY 13 дней назад

Yup, this channel is just clickbait garbage for wishful thinkers

@kevinc8811 12 дней назад

You’re absolutely right.

@kevinc8811 12 дней назад

@@Way2EasyDIY👍

@knahknoh 11 дней назад

⁠agree

@brettweltz8135 11 дней назад

As far as I’m concerned anything less than a 25% change in price is not a correction.

@lewisisabella995 11 дней назад

After selling a couple homes in 2022, I'm anticipating a housing crisis in order to buy inexpensively. As a backup plan, I've been thinking about purchasing stocks. What recommendations do you have for the best time to buy? On the one hand, I keep reading and seeing trader earnings of over $500k each week. On the other side, I keep hearing that the market is out of control and experiencing a dead cat bounce. Why does this happen?...

@atsukitokunaga 11 дней назад

The top experts, however, have access to confidential information and data that is not made available to the broader public. Being knowledgeable enough to use them successfully is quite another. Big returns, not changing stochastics, are the key. Rewards and risks must be balanced. To reach your aim, pick the right size and turn your edge as often as necessary.

@Philip_873 11 дней назад

I concur; I've been in frequent communication with an expert for more than 17 months. I definitely remember needing inspiration to keep my business running after a protracted divorce. I researched licensing Pro trader, sometimes known as portfolio coaches by some.

@scottbill905 11 дней назад

Very true, you can be passively involved in the markts and still amass wealth-gains using an investment advisor. I first dabbled in stocks late 2019, just before the pandemic, and that same year gained over 150% with no prior investing experience, basically all I was doing was following directions of my advisor. We are working on a retirement ballpark of $3m and I’m certain my goal isn’t farfetched after subsequent investments and tremendous returns so far.

@ajaynaya1630 11 дней назад

On which platform is this professional trader

@ajaynaya1630 11 дней назад

Where can I find this professional trader?

@Revenant_Knight 13 дней назад

A lot of the Florida inventory spike is due to condos flooding the market. The condos were required to catch up on HOA fees which has caused massive fees. Freestanding homes are still rising in price.

@scottgriffin2005 13 дней назад

Nope

@Revenant_Knight 12 дней назад

@@scottgriffin2005 Unfortunately, yes in many areas of Florida, particularly South Florida. That’s why I said a lot but not all. I see in another comment you gambled and sold your home to cash in on a potential correction. I truly hope it works out for you.

@Darrinjasz 13 дней назад

I can sum this up in one sentence. Drowning in information and starving for wisdom. There is no national real estate market, there is no state, county or city real estate market, there is only a neighborhood real estate market. Your analysis is equivalent to saying “my head is in the freezer and my feet are in the fire, on average I feel pretty good.” You may try adjusting for seasonality, population growth, product type, etc. Comparing average list price drops is ridiculous given how people often price things way too high…just see. I could go on and on and on.

@stevem437 12 дней назад

This guy put out the same video on August 5, 2021. Over 3 years ago. It didn’t crash then and it’s not crashing now.

@tomanimesa6679 11 дней назад

You've been saying, "housing crash" since 2021. At what point can we call this, "clickbait?" 🙄

@Fidel-jodio-Cuba 10 дней назад

Yes . All this " experts" are full of sh@it . I know one day real estate prices will go down , but it has nothing to do with their predictions that take many years to happen😂😂

@louis20122 13 дней назад

Up 100% then down 5%. Crash??? What crash???

@Sunlover42 13 дней назад

Port St. Lucie is getting hit hard three times. As you mentioned they are the highest overvalued city in Florida, which is especially brutal as they also have the highest property tax rate in Florida. A few years ago FEMA completely rewrote their flood maps, with Florida receiving the greatest increase in flood risk and rising premiums, especially along the coastlines but not all areas were affected equally. Port St Lucie was given the highest rate increase in the entire nation, about a 300% increase compared with 2020 rates. I’d argue those 3 factors push Port St Lucie up the least affordable list, putting it on par with cities with much higher average housing prices.

@equityjustice2695 13 дней назад

🤣😂.. is this true @@Tater-Skinz

@equityjustice2695 13 дней назад

Houses 🏘️ are cheap their compare to South FL, how do you explain that?

@SonnyChan-y3w 13 дней назад

Just like the flood maps, there seems to be other delineations within PSL. West of 95 may be taking on a different tone than east of 95 and coastal PSL. Most of the new builds and higher prices seem to be mostly west of 95. Brand new construction with the latest hurricane materials will cost more thus higher home prices. The older homes more towards the coast are similarly priced as new builds or just a bit less and this is where I think the price adjustments will take place. People coming down from the northeast after selling their overpriced homes can easily afford the higher prices new builds and have no mortgage. Even if there is an adjustment with new builds, those adjustments would have happened up the northeast, too so it's kind of a wash. Buy a home to live in and enjoy. After a lifetime of the northeast grind, boring is looking pretty good.

@larrymann1272 10 дней назад

@@SonnyChan-y3w You are correct, except that I-95 runs way inland in that area. Even east of I -95 takes an hour to get to the ocean.

@XennialGuy 12 дней назад

Thanks for keeping it real. No one believed me when I kept telling them Florida's housing market was going to crash, my parents included. I've been watching you for years, the data doesn't lie. The time has come, the money has dried up, time to pay the piper.

@mikejlawrence0788 13 дней назад

Ft Myers had a hurricane that destroyed homes. He didn't mention that

@bettervetter 13 дней назад

Still a very real risk of living in Florida, as a Floridian

@goochmcduck4285 11 дней назад

That hurricane didn’t stop anyone from pouring in here. More ppl moved down here after Ian than any other time. Fla over priced and built itself. Im so hear for the downfall

@nayadedecumbe7407 10 дней назад

Miami Dade property taxes are way higher than California. Of course, in California you are protected by Prop 13. But Miami Dade's property appraisal goes up and up every year, causing rents to be sky high. Absolutely ridiculous

@FeelingPeculiar 13 дней назад

There will be no housing crash. Corporations and the wealthy will continue to purchase this asset.

@mohammadmohon8616 12 дней назад

*I'll say that I can never be poor again in my life. I'm glad I had positive trades with consistent daily profits. $35k+/week. just bought my second house* 🎉

@Lauren-x2p 12 дней назад

Sounds great! To be kinda blunt, I am giving up on investing in stocks and , cryptos...I put between 2000 to 3000 USD a week and it's nothing but down down.... Sooooo frustrating and I only invest in boring big companies.😢I will appreciate if I could get some tips please? 🙏

@mohammadmohon8616 12 дней назад

i'd advise you redistribute assets in your portfolio with the help of a pro so you don't get completely burnt in the market🤷

@LadySonia-il9vu 12 дней назад

I totally agree with you💯

@LadySonia-il9vu 12 дней назад

Jenny Adams Holds the credit of being crucial about the mrkt and also a knowledgeable broker to be proud of

@imtiyaz-jt3vx 12 дней назад

YES! that's exactly her name (Jenny Adams ) She is my family' personal Broker and also a personal Broker to many families in the United States, she is a licensed broker and a FINRA AGENT in the United States

@Michael-qy1jz 13 дней назад

You missed North Port, Sarasota, Lakewood Ranch> all getting ready for 30 to 50% off

@Gufenaugh 13 дней назад

Hope so, given what happened in Laurel Meadows from Debbie. It would take type of correction to make buying logical given hoa fees and insurance absurdities, not to mention future climate impacts.

@Michael-qy1jz 13 дней назад

@@Gufenaugh Ya, They should sue the county for APPROVING the developments right there with different elevations and not enough holding ponds.

@dennisnoone7427 13 дней назад

It’s basically all markets from tampa to naples

@Michael-qy1jz 13 дней назад

@@dennisnoone7427 Yes, all Sw Florida

@johnlibonati7807 10 дней назад

@@dennisnoone7427100%. I’m in Rotonda. Prices dropping. Investors can’t sell for what they paid - pre-remodeling. 2025 is going to be crazy.

@Mark-yy2py 12 дней назад

We live in the Cocoa Beach area. The new home building has stopped (thank God), existing home sales have slowed down considerably, but the values have not dropped too much. We bought our place in 2021 for 380K and it’s now still worth about 590K. 10 minute walk to the beach.

@amandag4940 13 дней назад

Insurance is a major problem all over Florida. My agent told me they're struggling to get policies for anything built pre-2021, and modulars more than 2 years old.

@lynfl9814 13 дней назад

This is not true. We built in 2017 in NE Florida and we had no problem getting home insurance just a month ago. We are three miles to the coast as a crow flies.

@johnlibonati7807 10 дней назад

Where? I had no problem getting quotes from multiple companies. My house is 53 years old and less than a mile from the Gulf.

@Havok121212 11 дней назад

Sold my house in Land O Lakes FL (just north of Tampa) for $545K in October of 2023. Zillow estimated value of that house is now $528K. I'm glad i got out when i did!

@VomBethel 13 дней назад

I'd like to add, that looking at large metro areas gives a very broad view of the market. Taking it down to county is even better, but the best is by town and/or zip code. Also, the type of house (condo, single family, multi-family) is also something to look at. I pay attention to all of this to determine how our property values are doing. Everything is local!

@amunank2217 12 дней назад

I am a current florida resident, and I approve of that message. The client list of those high income residents that you mentioned is missing the illicit drug business and cartels, which contributes enormously to the Miami housing market.

@George-ri6vg 13 дней назад

Finally! I have been watching your videos religiously for many years now. I’ve been waiting to buy a house. Finally some good news. Greetings from Jacksonville and keep up the great work.

@rationalryan954 10 дней назад

Only thing you’re missing with the inventory in southeast Florida is the Condo data. A lot of that inventory are Condos not single family.

@randyonthekey7519 13 дней назад

Crash? Or just a correction seeing as prices have exploded upwards the past few years.

@froc7128 13 дней назад

This guy has been warning for years but prices keep climbing. Just like stocks, fundamentals matter, but price is most important. Unless there is a major depression event, prices retracing only 20-30% after quadrupling is not a big deal

@victorandrade7940 13 дней назад

@@froc7128 Do you think things happen overnight? Especially with the Government giving out trillions of dollars in stimulus. Sales are at 2010 lows, inventory is rising, wages are now stagnant or dropping, and unemployment will continue to rise as companies continue to try to show profits in the market. Also, credit usage is at an all time high. This market has been artificial for years. The fed can't continue to stimulate the market because of inflation. We have had about a year of high interest rates due to monetary tightening by the Federal Reserve. People have no idea how bad it is because of govt. intervention. Why do you think they keep dumping more Govt. programs for first time buyers? Because investors have stopped buying and the little people can't afford it. Again, manipulating the market.

@baldmenwin9591 13 дней назад

Ft Myers (not mentioning the Hurricane DESTROYED the entire city) and Insurance is almost impossible to get. Dude. 😮

@shanerogers9386 13 дней назад

Will it crash 50 percent or correct 50 percent? That actually still seems severely overvalued in many areas when you think about the fake values colluded up by out of control flipping and investing.

@Acc0rd79 12 дней назад

We just got home from my wife's medical jobs interviews in Kentucky and Missouri. They just offered her the job today at Kentucky and she's waiting for Missouri to write back. They pay her more than she gets paid in Orlando and the cost to live there is easily half. We have become stretched for money and we said enough was enough. I think we will be putting our Kissimmee home on the Flooded market in the next 3 months and bugging out. My wife said she's taking the Kentucky job if the MO job doesn't pan out but we're leaving one way or another. They can't get medical doctors to move to those smaller towns so they pay tons to live up there. Home insurance here and Car insurance has gotten insane. If we can literally save 15k a year on insurance alone by moving and we can double the size of the home for generally the same price, we are gone!! We are scared it won't sell though because the market is currently flooded here in Kissimmee.

@maryeb08 9 дней назад

I felt compelled to say a prayer that your home sells so you can move. 😊

@peterkiviat9969 12 дней назад

Talking about Florida prices without discussing the intricacies of the real-estate tax Homestead law is disingenuous. If my home is valued at $700,000 my taxes are only $2900 because I have been in it a long time. An investor or out of stater will get assessed to say, $13,000 in real estate taxes. But, if I sell it to a homesteaded Floridian who sold his townhouse for a few hundred thousand and was paying say $3300.00, he has portability protection and will not have his taxes go over what he was paying. This helps protect values in better suburban areas with highly rated school districts.

@larrymann1272 10 дней назад

Good point!

@007stopjockin 13 дней назад

Nice Nick!!! Let's get this 70% correction started !!!!! 007

@jagodah1130 12 дней назад

I am waiting for it😊

@hungo7720 12 дней назад

The property bubble has bursted in Florida as prices spiked to ridiculous levels.

@siouxrose7766 13 дней назад

I am in North Florida and like others, waiting to see how things play out since nothing is affordable south of where I live. The problem is that even if prices do become affordable, it won't change the following: 1. Hurricanes are coming more often, and South Florida is flat when it's not on the water 2. Insurance costs are insane 3. Condos that might have been affordable carry such high HOAS that seniors on a tight budget can't afford to live in them 4. It's so hot!!!!

@toddknode752 13 дней назад

1 and 2 go together.

@siouxrose7766 13 дней назад

@@toddknode752 --But they ARE two separate concerns.

@siouxrose7766 13 дней назад

Question: Are these home statistics combining condos with single-family homes? The huge increase in condo fees IS creating a flood of inventory. But the same price depreciation may not apply to single-family stand-alone homes. Please clarify.

@AmerPridexxx 13 дней назад

Single family homes are facing downward pressure too from escalating insurance costs/inflated property taxes. AirBnBs profilerated many SFH neigborhoods. As inflation eats away at disposable income (and AirBnB fees and cost of carry increased) many of those short term rental homes became unprofitable (now becoming part of the rising inventory for sale for those who can't find long term renters who can help the owners cover the cost)

@MyLoganTreks 13 дней назад

A Florida Native, thank goodness baby boomers are set to retirement peaks between 2024-2030. Along with the recent DOJ announcement corporate landlords using Algorithms keeping rents artificially high. Eventually this all will lead to more affordable FL, if it wasn't by Ron Disantis helping the insurance and developers make sure they are in his pockets. He took away the 30 percent rule for roof replacement which causes more litigation after each hurricane

@PerceptionCue 11 дней назад

California and New York are way higher, on everything. Median home price in FLA, 300k$-400K$. California Median home price 800k$-900k$. New York Median home price 750K$-900K+$. The cost of living is is lower in Florida. Y'all have no argument.

@rrcbiker 13 дней назад

I was just in Venice (Sarasota county) checking out new homes and found that the HOA fees are friggin expensive ($460/mo in one particular community). For that amount they take care of your lawn and you get to use their clubhouse with a nice pool. They also charge you a one-time HOA contribution of $5,600. Of course there's the usual CDD and property tax. So they fee you to death to live in Florida before we even talk about home owner insurance, flood insurance, and hurricane insurance. Sure, the beaches are nice but I'll stay out of Florida because of these expenses.

@08turboSS 13 дней назад

Thats cheapc😂. Average is 780-905/mo. in Cali you can live in a manufactured home, a upgraded 2000+ trail park, for 275k 2000 sqft but now pay for the land rent which is 2200 to 4600/mo!!!

@gianmichaelshannon5974 13 дней назад

It nice but geriatric - everyone is old- average age ballpark is 70

@robertmanley2687 13 дней назад

We used to walk the beach in Palm beach County during weekdays. Empty everyone is working.

@dmac42 13 дней назад

Those areas have been invaded by people from the northeast coast and California. The attitude of the people are not as nice as they used to be. Very aggressive driving, rude attitude and a self-serving mentality.

@karnevil9959 12 дней назад

Actually when compared to the northeast $460 for an HOA is not anything out of line and for that money you will likely get far more in amenities in Florida. In Jersey my HOA was $400 with a pool the size that would be average size for a private single family home. Some of these Amenity centers in Florida are 30 thousand square feet with indoor basketball courts with resort style pools with a poolside bar and grill.

@andyz2747 13 дней назад

The home prices has come back that way it was 2019 a 3 bedroom and 2 bath already fixed was for $150,000 But when the pandemic starts the same house now is $350,000 Is unbelievable crazy

@JasonVu-h7t 13 дней назад

Hasn't he been saying this for 3-4 years? nothing has crashed.

@77jaycube69 13 дней назад

LOL. We are seeing a slight correction at best.

@primecash144 13 дней назад

What?

@survivingthetimes 13 дней назад

lol. Yeah. These grifters make millions babbling on to the depressed crowd about how something is gonna crash tomorrow.

@PBlueturtle 13 дней назад

Random know-nothing citizen: Hey! Where’s this so-called real estate crash I’ve been hearing about on RU-vid for over one hundred thousand years?!?!😤😡 Real estate data: Hold my beer.🍺

@AmerPridexxx 13 дней назад

A lot of People cant sell their homes (lack of buyers) and prices are dropping (more time on the market). Inventory is building. Condo market is a disaster right now. Yes. It's crashing.

@andrewmullenix4892 13 дней назад

Just because this guy has a RU-vid channel doesn't mean he's an expert. If he was an expert he wouldn't need to have to make videos on RU-vid...

@Seer645 13 дней назад

I wintered in Polk county last year and it is overcrowded with migrants and retirees. The lakes make improving congested road conditions difficult. Builders are over building, I could not make a left turn out of my community but a quarter mile up the road some company was building 400 apartments or condos.

@Chairman-w7q День назад

But who would really move there now? Mr D made such a mess out of this once successful and admired state! 😮

@Sports4All-kw5vm 13 дней назад

Southeast Florida is very overvalued- prices need to crash

@goochmcduck4285 11 дней назад

Florida overpriced its self. They’ve been building , then over building. We could all see where this was heading when it started . This needs to happen

@rmanbike 13 дней назад

A 100 to 200% drop is more reasonable in Florida

@MikeNaples 13 дней назад

200% drop is brutal. I might not sell if it goes down that much. 😬

@nysavvy9241 12 дней назад

Sold my townhome in Tampa last summer. I purchased right before the pandemic. Prices were already dropping last year from the 2022 highs. Im waiting and will buy again as prices drop more.

@acmecompany 13 дней назад

People way overpaid. Be also tons of foreclosures next

@bh-zj4yt 13 дней назад

Florida # 4 in foreclosures according to SoFi

@streamofthesky 13 дней назад

If someone says the market in Miami can never go down, you know immediately to never listen to them again. Meanwhile, I was expecting Miami to be #1 on the list...

@amoss3035 13 дней назад

Florida is crashing! Trust me this time guys!

@user-py5bn5bw1e 12 дней назад

I live in Lakeland, which is between Orlando and Tampa. Planning to sell it before crashing !!!

@anthonyperrone8083 13 дней назад

Governor has to change / tweak the law so HOA and insurance costs come down or don’t go up 🆙 as fast. Also, no Wall Street investors

@MA-is5hh 13 дней назад

If you want to know what's happening in Florida?? Ask a land developer. In short, Florida is becoming the next California and New York combined, but as a republican state. That's why prices are going up and the poor are leaving the great places and moving to the poor Florida cities.

@Richardkowalski60 13 дней назад

Manipulating the numbers for your narrative! Covid years are an anomaly. Remove 2021 2022 and 2023 and most charts would show normal data sets. Interest rates are higher now so it would reflect more inventory and a longer time on the market. Do you even know what caused the 2008 housing crash ? Not the same situation this time.

@petergoodman1337 12 дней назад

@Richardkowalski60 who’s manipulating numbers? Nick? As a former real estate professional I can tell you what caused the 2008 crisis and most of these external factors exist again today. The main cause was lenders not caring about risk and this became widely accepted as free money to buyers. The solution to this problem was Dodd-Frank where banks still have little risk and can still instantly sell the loan to Fannie or swap the loan asset with Federal reserve. A newer mouse trap of inflated market values was built by lenders and the government through the use of new technology related to appraisals, media, and making consumers believe housing is a great investment while taking interest rates to 3%. We all just lived through 30+ years of lower interest rates to manipulate a buyer to purchase a home. No airbnb, no Wall Street companies such as builders, services, Zillow, Open Door, or Black Rock were not major players in 3008 either. The next crash could easily be worse as percentages don’t tell the real story. Watching your home lose $100k in value versus $200k today would be way more painful while both could be 50%

@darrtrubb 13 дней назад

I fled Florida 2 months ago after living in Tampa Bay for 27 years. The ridiculous cost of housing, cost of living versus salaries, toxic politics, large ignorant populace, highest insurance rates in the country, extreme humidity for most of the year and Category 4 & 5 hurricanes each year were all factors. It was the best decision of my life. I’ll never step foot in the state again.

@LimitlessThinker 12 дней назад

I used to live in Florida and it's nothing special unless you live by the beach

@ui4lh 13 дней назад

By 2100 Prices will crash!!!! Look out!!!

@Zelielz1 13 дней назад

He has been saying it since 2019 haha

@shanerogers9386 13 дней назад

Already flippers loosing over $200K here in Delray after the hot potato turned into a grenade. you want a $2MM house that was just $500K in 2021 and flipped 3 times? There are plenty to choose from.

@Zelielz1 13 дней назад

@@shanerogers9386 That is not a crash, maybe just a correction…

@shanerogers9386 13 дней назад

@@Zelielz1 if they correct 50 percent that only takes that back to 2022s fake, fraud laden flipper and investor driven values here in Delray Beach. But you are right. There are homes here listed for $2MM that sold for $500K in 2021. Multi families are also absurdly hot because everyone suddenly has to be a landlord. I saw a 4 plex that sold for $730K in 2021 and flipped in 2022 for 4.2MM. Only one tenant since then.

@chrissutherland236 12 дней назад

I completely agree with you and further it was obvious mid 2021 that this was going to happen. What is it about history in the FL real estate market that people don't get? Coming from the Palm Beaches I can tell you that once the investors start pulling out of an area the entire game will easily go from positive to negative in a NY minute.