Great update! Mind blowing comparison to gfc 👍 Very honest and helpful for Home sellers and buyers 💯

Awesome update, Ben. It's going to be crazy once the snowbirds come back, because they're going to be selling in droves. These prices are going to soon have to reflect these inventory numbers. Still seeing delusional sellers with their listings rotting on the market!

its already way higher than 2008 inventory... thers way more new construction and homes for sale not listed on the mls than 2008 after the NAR lawsuit. I drive past for sale signs every day for homes that arent on the MLS. both new and existing.

The collapse of the home insurance, mortgage, construction and other related markets is speeding up in Florida. Prices will drop precipitously as houses can no longer be insured and when all sales are cash only!

Is the listing number compared to 2008 the same % rate. Seems like a lot more houses have been built since 2008?

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Great video. Hurricanes, sure, they're having an effect, but this is all still the covid bullwhip effect playing out. The builders will not stop because they can't (and if they do stop they'll singlehandedly create a layoff wave/recession). So I think this poopshow is just beginning and we have a good five more years of covid hangover left to go. The distortions (and the subsequent games) really were that bad.

Not surprised. I told you months ago, this would happen...

Florida in recession

Ben- thanks again for the “nerdy” video! My inner geek just loves these. On a positive note, I bet if you played this video for the baby it would put him (her?) right to sleep!

Thanks Ben.

But, don’t worry. At least Gov Go-Go Boots and his party are protecting Floridians from their prurient desires to access PornHub😂

Please don't use acronyms like GFC (or GSC) levels and not tell us what that stands for. Some of us may not know what that means. I, for one, have no idea what that stands for.

Trump will fix it 👌🏿

It's still 2024. Things are just beginning to get rolling. Wait till summer of 2025 thru 2026. Throw in a stock market crash & You'll see a drop in RE to the tune of 50-75% And that's my conservative estimate. I actually anticipate that 50 to 75% to eventually accelerate up to 90% with Credit Event happening with the banks worldwide. It's a race to the bottom. Fear will prevent those buyers to wait longer before they buy because those few buyers will be uber careful with their $ before making decisions. There will be so many deals at that point that it'll be in their best interest to wait. Fear & greed will be the driving impetus to wait and make strategic decisions. Remember, RE sales is unfortunately driven large and part by emotion. And those 2 emotions are powerful. Psychology will always play a part only this time it won't be in favor of the sellers.

Dump it!

Not sure which line I liked better, Rocketship increases, or not here to hurt anyone.

The party hasn't even started.

Where's Manatee Co? Is that included in Sarasota Co?

The rent is too damn high!

And F Tampa😂

Always a great job Ben and to the point.

Thanks!

Line it up players

Yes, 7.5% property tax decrease in 2024, with the huge value drop this year and assessments done on 1/1/25, I expect an even bigger drop in 2025.

Do buyers worry about getting Insurance coverage for storm and flood damage? Once i wouldn't have been too conserned, but after the hast two hurricanes it would be front and cantre in my mind. I'm hearing they take your money but provide little cover.

Ben, I'm trying to sell my house in Waterford. Can't even get a single showing and I'm priced cheaper than others around me! I hear the CDD tax and high HOA fees cause our houses to takes months, almost year to move in many cases from a few realtors.

The Federal Reserve Is that fault for the biggest money printing in our lifetime? Now we must pay for it. The bubble is deflating.

Why buy it this week when you can buy it next week for a better price

No different in SE FL but they keep building and destroying AG land/Land Swaps. Criminal.

I wonder if the inventory rise is due to homeowners worrying that prices _may_ come down and they are listing simply to see if they get 'lucky'. From time to time I look at listings on the east coast of Florida. I see a lot of greed. For example: Purchased 2021 for $875K, Listed today for $1.275M. Or how about Purchased in 2021 for $1.8M. Listed today for $3.6M. These people must be hoping someone needs to launder money...

Ty

More hurricanes and sinkholes in-coming.

Does "single family homes" include condos and townhomes etc ?

Thanks Ben for the great news❤. Hopefully we see prices fall🤞. Hope you and your family have a Merry Christmas with your new little one 🎄

Thanks Ben for the great news❤. Hopefully we see prices fall🤞. Hope you and your family have a Merry Christmas with your new little one 🎄

Keep the lightning streaks in the thumbnail ⚡️⚡️

Boom and Bust 😂

It doesn’t look good for sellers next year 😢😢

I'm in Spring Hill,FL i wonder what it is like near me?

LETS. EFFing Go ‼️🎉🥳👏🎊🙌🍾🍻

Love the Doom Bro vibe in this vid! 🤣

I assume there are more houses in Fl today than what there were in 2008. Even if the number of listings is the same as in 2009 then the fraction is lower. I agree there is clearly an economic effect upon home sales but I don't think is comparable to 2008.

Realtor guy is shocked despite mass building since said time period! Clown. Why don’t you provide valuable info like listed inventory to total available inventory % Jesus Christ you’re a mess. You get what I’m saying guy? Even if it matches 2009 levels, there’s probably double the inventory since that time so it’s not even a big deal

Like to hear about North port.

Brevard county has close to 6,300 houses for sale

2007 we had zero data

We need the inventory ‼️‼️‼️

More inventory will lead to more price cuts

I’m hoping for a complete return to 2010-2011 in SW FLORIDA pricing 😂🤞🤞🤞