I Lost $150,000 on My Florida Condo

[@tannyost6122]

I pray that things will get better for you, Veronica. Thank you for all your help with our Florida condo.

[@VeronicaEdwards50]

It was great getting to know you better, and it was a pleasure. Thank you for your well wishes 💖

[@jazzyflorida3757]

As a realtor you should know that you shouldn’t have bought a condo that cost you 240,000 and you put 100,000 almost 1/2 the value what you paid for it in upgrades. Not good. Max you should have put $35,000 in upgrades

[@VeronicaEdwards50]

Thank you for sharing your perspective! You make a valid point about managing investment in upgrades relative to property value. It's a fine balance between enhancing a property to maximize its appeal and ensuring that the investment is proportionate to the property's market value. Every situation is unique, and sometimes decisions are made based on factors beyond simple return on investment, including personal enjoyment or specific circumstances at the time of purchase. I appreciate your input-it's a great reminder of the importance of strategic planning in real estate investments.

[@jazzyflorida3757]

@ life is too short, everyone’s home will one day be someone else’s. Glad you were able to get out and move on

[@VeronicaEdwards50]

@@jazzyflorida3757 Thank you 🤗

[@denim99987]

It was her forever home. So it is ok if she wanted to invest and fix it up to be just the way she wanted it. Unfortunately it was a condo situation, where the rules can always be changed from under you. I will never do a condo for that reason, among others. Also the insurance situation there went very far south. I have done much the same thing nearly in the Midwest. Is our forever home. Fortunately it is a house fully owned and not a mortgaged condo. If I pass and don’t make a profit on it , I will not care. In such a case, renovate and invest in what you want as long as your not borrowing and plan to make it a forever home. Could not do that kind of invest so much thing though if still working, as one never knows these days when a job is going to disappear or given to just pick up and go.

[@Albacore877]

Great advice for upgrade considerations! Thanks!

[@johnlibonati7807]

I left Pennsylvania for Florida in 2011. I bought my fixer upper 1971 house on the water for $102K in 2015. It’s basically a 2100 square foot bunker. I’m in Rotonda West, which was ground zero for Hurricane Ian and was supposed to be drowned by 10-15 foot storm surges in Hurricane Milton. Ian’s 200 mph winds couldn’t blow my house down. Milton’s surge never came close. I’m looking out my sliders now at my pool. My girlfriend says it feels like a resort. I’ve lived abroad and I have visited many places. I love it here. 😊

[@Oldeagle66]

Floridas condo problems have been on the news and internet for over a year. How can people NOT know it?

[@reginabaldwin7543]

I honestly think that in less than 5 years time, you will look back on your decision to cut your losses in FL (which has no viable future under the present model) as the very best decision of your lifetime. Happy trails!

[@ClemsonTigerMom]

The condo market is dying because of the new state laws requiring condo associations to make sure properties are safe and in good repair (as a rest of that tragic condo that collapsed a few years ago). Association fees are off the charts now.

[@steveg6978]

no its just repricing itself. No free lunch, you can't expect to live in a house ( condo ) for 20 years with with no up keep. The bill has come due.

[@MuzixMaker]

That’s because they kept the maintenance fees “low” for decades and didn’t have the funds to keep up.

[@LaVidaLocaHomie]

I'd rather clean prison toilets with my tongue than live in a condo or under a HOA.

[@CarolynChebaro]

I did it. I sold my home, my car, my belongings. I purchased a one way ticket to the UK , with my dog. Our age is just a number on our birth certificate. It CAN be done. It is a matter of closing one door and watch the next one open.

[@VeronicaEdwards50]

Your journey is a fantastic reminder that it's never too late to change paths and open new doors. Best of luck in the UK-I'm sure many exciting experiences await you, my friend! 🌍✈🐾

[@marblox9300]

UK, that doesn't seem like a good move.???

[@CarolynChebaro]

Curious why not???​@@marblox9300

[@johnmurphy9304]

You left Florida for the UK? UK has been turned into an Islam country, Politicians destroyed the UK, hope you not close to Londonistan….

[@RioJudy]

I’ve done it as well. 2300 miles with my little dog. New everything. Nothing the same. Nothing generates more self esteem than doing what we both did. Congrats!

[@InfantryVeteran]

I was an army recruiter in Sarasota, not a place to buy. He'll No!!! Retired from the military, My Fiancé committed suicide back in 2018, put my house up as a.rentsl property in Scottsdale AZ, and has been living in my Camper, and I save so much money!!! Oregon is a beautiful state. The weather is gorgeous up here, from Ohio, and i will never move back there. God bless you and never ever be afraid to travel. P.S Hated the fact of not having 3 or 5 people to come over and have dinner with me during the holidays. No one wants to join me, including families, tired of living in 4 bedroom home. I'm happier now. Good luck to you.

[@UncleDavesKitchen]

I'm in Sedona

[@VeronicaEdwards50]

Thank you so much for sharing your story-it’s truly inspiring how you’ve found a way to move forward and create a life that works for you, even after such heartbreaking loss. I’m so sorry to hear about your fiancé, and I can only imagine how difficult that must have been. It’s amazing how you’ve turned things around by simplifying your life and saving money, even finding joy in your camper. Oregon sounds incredible, and I love hearing how happy and at peace you are there. I understand what you mean about the loneliness during the holidays, but it’s great that you’ve found contentment in a simpler, more meaningful lifestyle. Thank you for your encouragement-it means so much. Wishing you continued happiness and blessings in this next chapter of your life!

[@Thor57644]

I've been in the real estate business for 30 years & wouldn't touch a property in Florida. Good luck on your future endeavors.

[@VeronicaEdwards50]

Thank you for sharing your perspective; it means a lot coming from someone with your experience. Florida real estate definitely has its challenges, and I've learned so much through my own ups and downs. I really appreciate your kind words and support as I move on to new opportunities.

[@StuKatz911]

Florida is a shithole

[@donniemoder1466]

Never put so much into remodeling. It usually doesn't pay unless you are adding square footage.

[@Freedom-dq8rn]

I don't agree. That was going to be her forever home. Cosmetic remodels which is what she did can easily run up that much. If you like the location somewhere but the place is just old and shitty? Remodel

[@richardgreve6112]

That might be because many remodels are faux. The superficial is made to look good but to fix the real problems the buyer must start all over.

[@richardgreve6112]

There is a difference between adding a bit of curb appeal, and faking a whole home rehab.

[@olga1_____30]

@@Freedom-dq8rn You never know if a property will really be your forever home, many things can happen: natural disasters, change in zoning, bad neighbours, serious health/mobility issues, etc.

[@JahRootsRadio]

@@olga1_____30I agree. I’m learning this lesson now. Just sold my house that I thought would have been my forever home but circumstances arised that changed plans. Nowhere is forever.

[@raemaxey3401]

I’m current in Brandon, Florida. I up and moved here in April 2022 by myself. I purchased a townhome but I agree that it’s very expensive! I hope to put my townhome on the market in 2026. I need to figure out where I want to live. Prior to Florida I up and moved to Nashville, TN I lived there close to 2 years and realized it was way too cold for me during the winters. I am 57 and been a solo travelers since I was 33. You got that right you only get one life! I’m happy I found your channel! ❤

[@VeronicaEdwards50]

Thank you so much for sharing your journey and for being here-it’s great to connect with someone who understands the ups and downs of relocating and solo travel! I can completely relate to your thoughts on Florida being expensive, and I think it’s smart to plan ahead for your next move in 2026. It sounds like you’ve explored a lot already, and figuring out where you want to go next is an exciting step. Nashville is a great city, but I hear you about those winters-they can be rough! I love your adventurous spirit and your focus on making the most of life. It’s so inspiring! I’m so glad you found my channel, and I look forward to sharing more with you. ❤ Wishing you all the best as you plan for your next chapter!

[@donnabiegler6938]

Savannah, Georgia and its surrounding communities might be just what you’re looking for! If you want to live in a beach town, check out Tybee Beach. If you’re looking for a gated community, check out Skidaway Island. If you want to live in a beautiful historic neighborhood, then downtown Savannah is your destination!

[@williamleiby3150]

I moved to Florida 23 years ago. I bought my house in cash and still own it today. Last year I bought another house also in cash and my kids are living in the old house. Ive never looked at real estate as an investment only as a place to live.

[@shanew3293]

Florida is "Not" the place you want to buy... its a never ending money Pit

[@VeronicaEdwards50]

Thank you for sharing your perspective-I can definitely see why you feel that way. With rising costs, unexpected assessments, and insurance challenges, Florida real estate can feel like a money pit for many homeowners. It’s been a tough lesson for me, but I’m grateful for the experience and the insights it’s given me to make better decisions moving forward. Thanks for your comment!

[@daphne7897]

Agree! FL will keep on taking, it’s up to us to say enough is enough 😅

[@randywood1070]

Well said.

[@standinginthegap7118]

As a native Floridian I agree 100%. I see people getting wiped out every 10 years or so

[@jm7804]

@@Suds. I've known California retirees who moved there and are now leaving. Crazy HOA fees, property taxes, assessments, skyrocketing homeowner's and disaster insurance, and costs of all sorts are the reasons.

[@Chris_Blackstock_Music]

When I retired I moved across the Ontario border to Quebec. I didn’t speak French but had taken a course. Since moving I took two more. I bought my 1970’s bungalow that was fully renovated for $174,900 Canadian. I has a double lot and is in a very small subdivision. Since I moved in I did more renovations that I wanted to do and I’m here until I can’t anymore. I love it here in a small community that is 1.5 hours from Ottawa. Another great video on your channel. Sorry to hear about your financial loss. I lost a lot when my ex left but c’est la vie 😊

[@VeronicaEdwards50]

Thank you so much for sharing your story, and I’m so glad you’ve found a place that feels like home! It sounds like you made a wonderful choice moving to Quebec and creating a life you love in such a charming community. Your bungalow and double lot sound amazing-what a great find, especially at that price! I admire your determination to embrace the change, even taking on learning a new language. It’s inspiring to see how you’ve made the most of your situation, even after the challenges you faced. C’est la vie indeed-we learn, grow, and keep moving forward. Thank you for your kind words, and I truly appreciate your support for my channel!

[@Chris_Blackstock_Music]

@ I love following real people hearing real life stories hoping for the best for them. Will be watching more. Happy Thanksgiving 🙏😊

[@geraldbrienza4474]

I sold in 22, made double, now I rent on the beach. Another 20% drop, I’m back in.

[@nathalieplum2137]

When you move to another province after retirement, how does the switching to another provincial health systems works, is it complicated? Same for pensions? Thanks!

[@Chris_Blackstock_Music]

@ great question. Pensions were not an issue at all. I did have to adjust for the difference in provincial tax after tax time. I was able to get care easily and I was assigned a doctor after a couple of years. I moved from Ontario to Quebec and it’s just a bit more complicated but it all worked out.

[@emailsph3282]

I bought a new leasehold apartment in the UK. A complete nightmare of fees, agencies, inspections, service charges, escalating ground rent, legal fees, unfair tenancy contracts, unwanted repairs and mounting maintenance costs. Plus the actual mortgage repayments on top of that. A depreciating asset as the leasehold years diminish. I'd NEVER buy another leasehold flat/condo/apartment, and I'd recommend anyone with any sense doesn't either. You don't own it and you have very few rights and ALL the costs and ALL the risks on you. Add to that the truly awful build quality of newbuild in the UK. Currently renting and happy to be out of it.

[@VeronicaEdwards50]

Thank you for sharing your experience-it sounds like an incredibly frustrating and challenging situation. The mounting fees and limited rights with leasehold properties are definitely a tough reality, and I can completely understand why you’d choose not to go down that road again. It’s especially disheartening when the build quality doesn’t match the investment. Renting and being free of those headaches sounds like such a relief! It’s a good reminder for others to carefully consider all the costs and risks before making such a commitment. I really appreciate you sharing this-it’s an important perspective that more people need to hear. Wishing you all the best in your current living situation and beyond!

[@susanDavies-c9t]

My sis in law bought a leasehold home. Her community and councilman went to Parliament to try to change the law. It was all over the papers.

[@VeronicaEdwards50]

@@susanDavies-c9t Wow, that’s incredible! It sounds like your sister-in-law’s community is really taking a stand to address the challenges of leasehold properties. It must have been a powerful movement to even get it to Parliament and into the papers. Hopefully, their efforts bring about some much-needed change in those laws-it’s such an important issue for so many homeowners. Thank you for sharing this!

[@boatsie]

You said at 6:18 that “I walked away with a bit of money,” yet you said you paid $285K and put in 100K. You claimed it was worth $385K and you sold for $242K-a $142K difference. The title of video is you lost $150K. So if the math shows you “lost” $142K, yet you said you walked away “with a bit of money” how do you figure that? In reality, you lost $43K on the sale and threw the $100K in renos as a gift…no? What money did you “walk away with?” (Unless you’re counting capital gains on the sale of your original home that you applied to the cash purchase and reno of the condo…then it makes sense)

[@VeronicaEdwards50]

I had to pay the other Realtor's fee. That is where I came up with the $150K and I maybe losing more if I have to still pay capital gain since I only owned it for a year.

[@boatsie]

@@VeronicaEdwards50…but you said you “walked away with a bit of money” after the sale…you said you lost money. Also, you wouldn’t need to pay capital gains if you lost money on the sale of the property regardless of how long you owned it.

[@juliekovich-recordingartist]

@@boatsie She may have meant her mortgage was less than the selling price so she still received a check back.

[@kellychuba]

@@boatsie equity, sweetie

[@ElleRose-u1n]

Lots of people transition and really change their life for better. I've thought about it, but have no direction for a transition lol. But i suppose if you just be your own person it will take you far w authenticity

[@DZ-rf9fh]

You sold and got out just in time. I did the same thing at 62, left Texas after being there 42 years. On the market and sold within a month, just as inventory exploded and prices started dropping. When you leave is the right time to leave. Hanging out in a neighboring State and traveling from a home base 1 bedroom. I feel free. You took care of you, its not about the money, its quality of life. Congrats🎉

[@stonecrestquilt]

Thanks!

[@VeronicaEdwards50]

Wow, thank you so much for your generous $10 donation! Your support means the world to me and truly brightens my day. It’s encouragement like yours that keeps me motivated to share my journey and create more content. I’m incredibly grateful for your kindness-thank you again from the bottom of my heart!

[@man222-th9vy]

When did you buy it? My mom spends so much money seemingly almost useless renovations on her place and it makes me cringe, because I doubt that they proportionally increase the price of the house.

[@kenvalenti5414]

That was my experience in the 80s and 90s and lost several houses. I financed at 14% interest - and these rates have been way to low for way too long. This never ending real estate bubble baffles my mind.

[@VeronicaEdwards50]

Thank you for sharing your experience-financing at 14% interest must have been incredibly tough. It’s a stark reminder of how much the market has shifted over the years. You’re absolutely right that the prolonged period of ultra-low rates has fueled an unsustainable bubble. It’s frustrating to see history repeating itself in some ways, but I appreciate hearing your perspective-it adds so much to the conversation!

[@UncleDavesKitchen]

my first 2 houses were at 13%. I remember those days. I still have them as rentals now. Overtime it well balances out. Real estate takes time. Paid lots of interest but was a great motivator to pay them off early. No payments for decades now and that income has been wonderful.

@@VeronicaEdwards50 It depends on when you buy. Yes, if you bought in 1984 the interest rate was high but it was the beginning of the Ronnie Raygun years of prosperity. As a result, by 1987 you could have easily sold that home for a profit or refinanced at a much lower rate. That was actually the beginning of the cycle that led to 2% mortgage rates. The cycles take a drastic change now, But imagine selling the home you bought for $75K in 1984 at the peak in Aug 2022. It's all a matter of Ty Ming. We may have to go back to 1984 to adjust out all of the excesses created by govmint collusion with Wall St and corporate Amurika. It's going to be more exciting than ANY KZbin channel.

[@rickss69]

Amazed that is all you lost. Who in their right mind would even consider buying any condo now?

[@VeronicaEdwards50]

I totally understand where you’re coming from-condos can seem like a risky choice, especially with everything happening in the market right now. Losing what I did was definitely tough, but I know many others have been hit even harder. Hopefully, some of these issues will be addressed to make condo ownership more secure in the future. Thank you for sharing your thoughts!

[@Marc-ys9og]

HAWAII OHAU CONDOS

[@Goforbroke-h1r]

Which prez are you talking about

[@troycam5026]

It costs over $8k on average just to insure a home in Florida! Not a good deal anymore to live in Florida.

[@drummersagainstitk]

Thanks for your honesty and integrity. It is important to understand, accept and KEEP GOING AND LIVE!

[@VeronicaEdwards50]

Thank you so much for your kind words and encouragement! You’re absolutely right-understanding and accepting what life throws at us is key, but the most important part is to keep going and truly live. Your positivity means so much to me!

[@courtneybiddle7827]

In August 2021 I purchased my home in Panama City from Virginia. I sold my car, bought a van to transport my animal family and moved by myself. I don't regret it, but I do plan to move to the east coast of Florida in the next 3-4 years as I approach retirement age. A quieter town like Vero, New Smyrna, Sebastian or Deland are future options. I wish you all the best in your retirement and in your travels. I enjoy your videos and look forward to your next steps.

[@dennistyler9852]

Best of luck in whatever you do. Florida is a seasonal place for us. We rent for 6 months a year and have a little place in Maine.

[@VeronicaEdwards50]

Thank you for the kind wishes! It sounds like you've found a wonderful balance between enjoying Florida's warmth during the winter and retreating to beautiful Maine for the other half of the year. That's a fantastic way to enjoy the best of both worlds. I appreciate your support and hope you continue to enjoy your seasonal stays! 😊🌞

[@marblox9300]

So your main home is in Maine.

[@MuzixMaker]

For tax reasons consider Florida as residence, part tim in .Maine.

[@ohboyherewegoagain2985]

The president does not control interest rates, real estate prices, or the weather. Real estate like the restaurant business is feast or famine.

[@VeronicaEdwards50]

Thank you for your insight! You're absolutely right-there are so many factors that impact the real estate market beyond just leadership, like interest rates, the economy, and even natural events. It really is a feast-or-famine industry, and navigating those ups and downs has been such a learning experience for me. I appreciate you taking the time to share your perspective!

[@Highvibes777]

I think you're a bit delusional. Our country is crippled because of the president and his cronies.

[@ohboyherewegoagain2985]

@@Highvibes777 Your Governor has more power to impact you financially than the POTUS. So much for being delusional.

[@waterbug1135]

Correct. It confuses me why so many people think the US President can do much of anything, no matter the party. It's the Executive Branch, not a monarchy. The Executive's job is to implement laws passed by Congress. Presidents have to follow the laws Congress passes. There is some flexibility, but doing things like lowering prices at the grocery store is nonsense. This misunderstanding then leads to voting for the biggest lair (both parties) because people actual think the President has the power to do all the whacky promises they made. Just silliness. The only chance a President has to make a big difference is if they also have Congress on their side and the President is an effective leader (arm twister). Most times when either party controlled both branches a lot of infighting broke out and nothing much got done.

[@davidsumner3750]

The current President (the corpse) printed money carte blanc to fund nonsense, leading to inflation which led the Fed to raise rates to fight that inflation .. so Yes, Biden did cause rising mortgage rates

[@highway264able]

The interesting thing about buying a home is unlike everything else you purchase that loses value immediately… car, furniture, clothing, etc..a home will increase in value the longer you live in it. If you put the minimum amount of money in it to keep it valuable it still should be profitable. The reason has nothing to do with the home…it’s the property.. the land. The taxes on the property are needed to provide services for the state and sometimes the state needs to step in and regulate efficiently to prevent a collapse like you’re experiencing in Florida now. People ran to Florida to avoid higher taxes..the homes were cheaper and regulations were loose.. the result were prices skyrocketing out of control..massively overvaluing the homes and creating the problems you see today. Insurance companies for years had the ability to handle storm damage and claims when the homes were priced low…now they’re gone. Unfortunately it’s a system driven by greed and eventually the little guy ultimately has to pay.

[@VeronicaEdwards50]

Thank you for your thoughtful and detailed comment-it really breaks down the challenges in the Florida market so well. You’re absolutely right that the value of real estate often comes from the land, and when taxes and regulations aren’t balanced effectively, it can create a cascade of issues like we’re seeing now. The insurance situation is a prime example-when home values skyrocketed, it threw off the system’s ability to absorb risks, leaving homeowners in an unsustainable position. It’s tough to see how greed and short-term gains have had such a long-term impact, especially on everyday people. I really appreciate you sharing your insights-it’s such an important conversation to have!

[@jjohnson8977]

how did you throw $100k at a remod on a 235k condo? that is way to much. half the value in remod? if it was 1000 sqft you spent $100 per sqft? THAT IS WAY TO MUCH. sorry just commenting for other people. i've flipped rented and owned 30 homes

[@InMyBrz]

I G N O R A N T

[@DWilliam1]

Since the pandemic it is not a time to buy. I bought my retirement home in 2009 when I was in my 40’s. Anyone who bought in 2021 or later is not smart.

[@deedeebrecca8645]

Gen X are resilient. I just found your videos and I love them. I'm surviving colon cancer and know first hand to make the most of every day. I'm 56 and live alone. I'm not in the position to travel, but I hope that changes soon. I wouldn't mind just picking up and moving someplace else. Just for the bragging rights that I did it all by myself. Your story is inspiring. Thank you!

[@VeronicaEdwards50]

Thank you so much for your kind words and for sharing your story. Gen X really is resilient, and you’re a true testament to that. Surviving colon cancer and focusing on making the most of every day is such an inspiration-I admire your strength and determination. Even if you’re not in a position to travel yet, I believe that your time will come, and when it does, you’ll absolutely deserve those bragging rights! Keep dreaming and pushing forward-you’re amazing, and I’m so grateful my story could inspire you!

[@sandrab.3538]

Yes, I am inspired, because you are actually DOING something about your life's situation. There comes a point where we need to assess and take steps toward our goals. Do we want to see our family/grandchildren more? Then maybe WE need to move or take trips to see them. Do we worry about $$ for retirement? Time to cutback on extras or work longer hours for a season. Do we want good health? Stop snacking and start exercising. Got a bucket list for travel? Plan a trip! Set things in motion now.

[@VeronicaEdwards50]

Thank you so much for your kind words and encouragement-it truly means a lot to me. You’re absolutely right: at some point, we have to take a step back, reassess, and make intentional decisions to move toward the life we want. I love how you broke it down into clear, actionable steps-it’s such an inspiring mindset! Whether it’s seeing family, focusing on health, or tackling a bucket list, it all starts with taking that first step, even when it feels overwhelming. Your comment reminds me why it’s so important to stay proactive and focused on what truly matters. Thank you for the inspiration, and I’m wishing you all the best as you pursue your goals and dreams!

[@TH4Peace]

At 63 and a similar place in life-I have a sense of being lost. I moved to Fl and love it, but the swarm of migration changed the simplicity of FL. I moved to TX to be closer to family & my car insurance is noteably higher in TX! TX is HOT! Weather much like the gulf of FL where I lived. It’s hard ‘starting over’ more so emotionally when your decision has no tail to steer the kite. I remind myself, today is my best day & not to look back or fear tomorrow….live today. It’s not easy when your life has been caring for family, working full time & no moment to rebalance. TX is new to me and not as laid back as FL. I think people are less friendly and not sure if it’s my age & social groups have already been formed…or if the events over the past few years prompting extreme migrations has intruded on natives of the area and new comers are trying to adapt with no social anchor. It’s different and I don’t think it’s the place as much as it is the times (age or today’s reality). Anyhow, I love following your adventure. I may learn something and meanwhile I feel there’s others in the same emotional place as I am. I wish you the best…be encouraged & fearless.

[@crowleywilliam1]

What is learnt by hardship is remembered with ease

[@Tonymanero1960]

getting married !!!

[@jeromelee1627]

Texas and Florida The taxes and insurance are so high that no one can afford them nor would want to own them. You’re lucky to be out. The interest rate has little to do with.

[@VeronicaEdwards50]

Thank you for your comment-you’re absolutely right that the high taxes and skyrocketing insurance costs are making it so difficult for homeowners in Texas and Florida. It’s a tough situation, and I do feel fortunate to have moved on. I agree, interest rates are just one piece of the puzzle, but the real burden seems to be in the ongoing costs of ownership. Thank you for sharing your perspective!

[@155gerard]

Just discovered Veronica's videos an hour ago, watched four and love them all. Liked and subscribed. I am a single, retired teacher in CA and thinking of moving to the southeast (grew up on the east coast, some family still there, CA expensive). Veronica, you are resilient, resourceful and a survivor. I am certain you will do fine, better than fine great. Plus with your lovey, down to earth personality you will make good friends wherever you go. Best to you.

[@ClemsonTigerMom]

The Federal Reserve controls interest rates, not the president or his administration. They operate independent of one another.

[@thomaspepper2201]

All the older condo with ""concrete issues"" REMEMBER ONE FELL DOWN made the problem, yours was one. then the damage to them and extra repairs , insurance jumps. That killed the market for them. And you got caught.

[@VeronicaEdwards50]

You're absolutely right-the tragedy of that condo collapse changed everything. It brought much-needed attention to structural issues, but the ripple effects have been devastating for many condo owners like me. The increased repair assessments, skyrocketing insurance costs, and loss of buyer confidence have really hurt the market, especially for older buildings. It’s a tough situation, and unfortunately, I got caught in the middle of it. Thank you for taking the time to share your thoughts-it’s a stark reminder of how quickly things can shift in real estate.

[@guinealove3744]

Hello! I just came across your channel. So sorry you had to sell but I truly understand. Milton (although did not cause destruction to my home) did take from savings that was not allocated. So now I have begun a hurricane fund. Insurance companies have raised costs, taxes followed, and there is little relief for those who have lost their dwellings. Personally, I have asked for the community down here to keep better tabs on legislation that affects seniors and broadcast/assemble to call leaders on those that affect them. You are much younger than me. Please keep your spirits up and thanks for your thoughts.

[@VeronicaEdwards50]

Hello, and thank you so much for your kind words and for sharing your story. It’s tough to navigate these challenges, and I completely understand how unexpected costs, like those from Hurricane Milton, can strain finances. A hurricane fund is such a smart idea-I admire your proactive approach. You’re absolutely right that staying informed and holding leaders accountable is so important, especially on legislation that impacts seniors and vulnerable communities. Thank you for your encouragement and thoughtful insights-it truly means a lot. Wishing you all the best and sending positivity your way!

[@SusieFennell]

I bought a condo in FL in 2022……then got cancer ( I’m fine now) and needed to move. I’ve had the condo on the market for six months without even an offer. I keep lowering the price. Still nothing. I don’t want to rent it and have that responsibility at 69 yrs old. I’m really scared 😢 Do I give it away. I can’t afford to lose that much money 🥺

[@SusieFennell]

@ Because I had to move - and am living in another city🥺

[@InMyBrz]

TOO LATE NOW

[@vicke200]

Very sorry to hear what happened to you. But if you were actually living there and it WASN'T an investment property, why move? If it's your primary home, why not ride it out?? I know people who lost a lot and had to cut their losses for investment properties, but not really in properties they were living in anyway, esp if their mortgage was low or the house was paid for.

[@VeronicaEdwards50]

Thank you for your thoughtful comment and kind words. You’re absolutely right that staying and riding it out is often the best option for a primary home. In my case, the financial burden combined with the rising costs-like HOA fees, assessments, and insurance-became too overwhelming. Even though it was my primary home, the situation no longer felt sustainable, and I had to make the difficult decision to let go and move forward. It’s been a tough journey, but I appreciate you taking the time to share your perspective!

[@tomsoltess6636]

The market should go up about 2 to 3 percent a year historically not 20% or 30%. Didn't anyone learn a lesson from 2007? Sad.

[@VeronicaEdwards50]

You’re absolutely right-historical growth of 2-3% is much healthier and sustainable for the market. The skyrocketing 20-30% increases create bubbles that can’t hold, and it’s disheartening that some lessons from 2007 weren’t fully absorbed. It’s definitely a reminder of how fragile the market can be when things get out of balance. Thank you for sharing your thoughts!

[@waterbug1135]

@@VeronicaEdwards50 You're confused about what a bubble is. Not just price. The market is bad in FL for other reasons. The big increases are pretty much holding in many US markets and many are still increasing in values. IMO there's a fundamental issue happening which has happened in many markets around the world for decades. It's not the house, it's the land. Here in Phoenix we had a lot of infill lots we could build on, lot's of cheap land in suburbs. Suddenly the infill lots have been built out and open land is now almost a 2 hour drive out. Existing homes are the only option for people who want to live in Phoenix while there continues to be more businesses and people moving here. That increases actual value. Historical doesn't last forever.

[@VeronicaEdwards50]

@@waterbug1135 Thank you for your thoughtful comment-you bring up an excellent point about land scarcity being a key driver of value, not just the homes themselves. I appreciate the insight into Phoenix, where the transition from infill lots to limited land has clearly shifted the dynamics of the market. That fundamental shift you mention is something Florida is experiencing too, albeit with different challenges like insurance, climate risks, and aging infrastructure. I completely agree that what’s happening isn’t just about price spikes or bubbles; it’s about long-term fundamentals like land availability and population growth. It’s a great reminder that historical trends can and do change over time, especially when markets face new pressures. Thanks again for sharing-this adds so much perspective to the discussion!

[@davemojarra2666]

Blinded by greed

[@Ms.Merotica]

As a fiduciary, how can you honestly blame one person for your mistake? When you were working, would you advise clients to wait for a better president? You also forgot to mention the effect tons of pandemic stimulus added to the economy creating a bubble economy. It happened all over the world.

[@VeronicaEdwards50]

Thank you for your thoughtful comment-you’re absolutely right that the market is influenced by many factors, and it’s not fair to place blame on just one person or policy. The pandemic stimulus and the global bubble it created were huge contributors to what we’re seeing now, and that’s something I could have highlighted better. As a fiduciary, I always advised clients based on what made sense for their situation in the current market, not to wait on political changes. I appreciate you pointing this out-it’s a valuable reminder to take a broader view of the situation.

[@moa8121]

@@VeronicaEdwards50sounds like you have hit rock bottom and you might never recover from your financial losses; you are in the later stages of your life and if you have any money left over from your real estate investments you should seriously consider living in a European country with other American expats who have fled the United States for good and enjoy whatever time you have on this planet!

[@VeronicaEdwards50]

@@moa8121 Thank you for your comment and for sharing your perspective. While this has definitely been a challenging chapter, I believe that tough times are also opportunities for growth and reinvention. Life is full of ups and downs, and I’m focused on moving forward and making the most of what lies ahead. Exploring new places and embracing a fresh start sounds exciting-living abroad is definitely something to consider! Thank you for your thoughts and well wishes; I truly appreciate it.

[@johnmurphy9304]

@@moa8121EU? Are you sure? you need to do some research first"

[@jgmullins1]

Once was enough on condo ownership. Too many things outside of what you can control. The bloom is definitely off the rose for Condos.

[@sallymoore6920]

Left Florida 20 years ago .. best decision ever ..cheaper housing way better wages ..better quality of life

[@VeronicaEdwards50]

Thank you for sharing your experience-it sounds like leaving Florida was the right move for you! It’s great to hear how it’s improved your quality of life with more affordable housing and better wages. Stories like yours are inspiring for those of us making big changes too. Wishing you continued happiness and success!

[@VeronicaEdwards50]

@@RickMartinKZbin Thank you for sharing this perspective-it’s so true that sometimes we don’t realize the value of what we have until we’ve left it behind. Finding contentment often has more to do with mindset than location, and your story is such an important reminder of that. Life brings challenges no matter where we go, and sometimes the answers really do lie within. Thank you for this thoughtful insight!

[@6821hominy]

Veronica- I just found your channel. I am sorry to learn about your condo $ loss - so many people have experienced that if buying or selling homes long enough. Also sorry to learn of your cancer scare. When you said "my listing would not sell and I spent money to market it"- I know cost of doing business." I know you made the right choice by getting out. It's like spending good money after bad. We can't keep spending when there is not enough money to be made because of the market now. And yes the president.... I have been in the business since 1992 as an independent broker. Thankfully our timing was perfect as we sold our larger home in 2015 and built on our own as the "builder" our 'retirement" home for cash. With 0 debt we are enjoying time off and may decide to look into another part time endeavor. We are 67 & 65. After 34 years ( 10 yrs with builders before a Realtor) There is life after real estate. Yes, please - live & enjoy your life"! So glad you are near family. P.S. We lost 300k when we built 2 spec homes before the 2008 financial crisis- our timing was off and the homes sat vacant for a long time.

[@VeronicaEdwards50]

Thank you so much for your kind and thoughtful comment-it really means a lot to me! I’m so glad you found my channel, and I appreciate you sharing your own story and wisdom from decades in the business. You’re absolutely right-sometimes you have to cut your losses, no matter how tough the decision, and focus on moving forward. Your story is so inspiring! Selling your large home at the right time and building your dream retirement home sounds like such a perfect plan, especially debt-free. I love that you’ve created space for your passion for classic cars and the freedom to explore part-time endeavors. It’s a great reminder that there truly is life after real estate. Thank you again for the encouragement and for reminding me of the possibilities ahead. Wishing you both continued happiness and enjoyment in this well-earned chapter of your lives!

[@waynecmontgomery]

The President has nothing to do with your private investments. I say that as a Republican. You made a bad investment period. Stop complaining put the big girl panties on.

[@hanyu2025]

Who was the cause for the interest hike? Biden did all this. US is not energy independent because of Biden. Biden rescue plan was a bust and cause the inflation spike in every product and services. Look at Trump 4 years ago, economy was humming for the duration of 4 years, all of sudden, Biden took over, everything went 180 degrees going south

[@Jessica-rf7lv]

​​@@hanyu2025 wtf? Biden has drilled more oild than any other president. We export oil. We had a global pandemic that cratered the supply chain. We pumped billions into the economy in order to save people's businesses, homes, etc. I'm guessing you probably took the money the govt was offering.

[@redhaitianz]

Hi! New hear. I recently left Jacksonville Beach FL and relocated to Atlanta, I lost some money on the sale of my condo too but enough was enough and I got a little bit more peace of mind. I hope I can type this without coming off as rude or swaying to 1 party over the other but at around the 2:07 mark... Congress ultimately controls relief and finances, Federal Reserve ultimately determines the interest rates and while the President can propose or motion a relief request or a rate adjustment..ultimately both entities can "deny it" (I'm putting that in quotes cause there's a lot of red tape in that statement but it is loosely the process of the Congressional Branch) But, I wish you well!!! I came here from the update video so I'll be watching that after this

[@AlyssaAiriena]

Hi Veronica, I’m so sorry to hear this news, I hope all will be great soon, best wishes to your new adventures, hugs and kisses 😘

[@VeronicaEdwards50]

Hi Alyssa, thank you so much for your kind words and support! It means a lot to me during this time of transition. I'm looking forward to the new adventures ahead and I'm grateful to have friends like you cheering me on. Big hugs and kisses back! 😘💖

[@UncleDavesKitchen]

I left Florida after Hurricane Andrew and moved to Sedona, Arizona and been here for 32 years. Best decision I've ever made, I love it here. Small, quiet but close to exciting places. Never been in a bad storm since.

[@barboliveros]

I am in the dilemma right now of selling my home. It’s gone up somewhat in value, but the taxes are astronomical. You are inspiring.

[@duke613]

I just have to say the president had very little to do with the real estate market. That is capitalism. He had to fix the economy that was given to him and according to economists he did an extraordinary job. Many aspects of the economy the President has no control over. Most people don't understand that. Unfortunately we are now in for a hellish 4 years economically and politically as he attempts to seize power and not give it up.

[@DailyStalkerUpdate]

"I just have to say the president had very little to do with the real estate market." You're WRONG. You're a Democrat, right? What do you think open borders and people pouring in here by the millions does to: Home prices? Wages? What do you think shutting down domestic oil production does to fuel prices? Are the questions too hard? "Unfortunately we are now in for a hellish 4 years economically and politically as he attempts to seize power and not give it up." What a PROFOUNDLY stupid comment. Now I KNOW you're a Democrat.

[@boboayame2065]

Keep telling yourself that LMAO XD

[@WilliamMoore-ef7qx]

Keep believing your delusional words, biden screwed us up for years at this point

[@DailyStalkerUpdate]

What a stupid comment. This corrupt site keeps shit-canning my comments to hide the truth.

[@DailyStalkerUpdate]

What affect do you think open borders has on 1. Home prices? 2. Rents? 3. Wages?

[@timdietel9797]

It took a few years... for the insurance & legislation to catch up after the Surfside collapse, but now it's here. Condo assessments + insurance + taxes. Condos are just a big cubby you rent for awhile in a mostly sunny place...

[@user-id8ng9eq9h]

Thx for sharing, but that kind of didn’t make sense to me. Spent nearly 50% of the price of the unit on renovations ? It’s not like you can add square footage to a condo. What was the money spent on ? The start of the problem may have been overspending on renovations.

[@VeronicaEdwards50]

Thanks for your comment! I totally get where you’re coming from. The condo was actually a fixer-upper, so I purchased it at a really good price at the time, which made the renovations worthwhile-or so I thought! The renovations were for things like updating the kitchen and bathrooms, replacing old flooring, and addressing wear and tear that had built up over the years. Hindsight is 20/20, and I’ve definitely learned some hard lessons about budgeting for renovations in a market that can be unpredictable.

[@rayneuy3273]

Near the end of your video you mention how some people question how you can travel alone and get up and move to Florida. You have a positive attitude and can-do spirit! Life is short and it's great you live a life of adventure and experiences!

[@mrcav9565]

Poor impulsive decisions yield poor results.

[@MargaretGSmith-c1q]

Especially for someone who has been in the realty business. 🤷‍♀️

[@Newlinjim]

They had 2yrs to dump that future cost and lock in their capital gains.

[@mikerowe3849]

If you own a condo you actually dont own anything but a liability,

[@menottu]

The condo special assessments put the nail in the coffin for condos in fl. On top of the insurance rates, the denial in claims etc etc. Fl future is only for the rich, investors and vacationers.

[@VeronicaEdwards50]

Thank you for sharing your thoughts-it’s such a tough reality. The special assessments, combined with skyrocketing insurance rates and claim issues, have made condo ownership in Florida incredibly challenging. It’s unfortunate to see the market shifting in a way that feels like it’s becoming out of reach for everyday people. I completely understand your perspective, and it’s a situation that definitely needs attention. Thank you for adding to the conversation!

[@MuzixMaker]

That’s because the association didn’t take in enough to cover long term maintenance. Pay now or at later. But you’ll pay.

[@StormyTuesday5108]

Florida is extremely volatile for real estate. Her 242k will probably drop to 150k sadly

[@rickw3243]

How is buying a condo in Florida a “great investment “?

[@InMyBrz]

CAN'T STOP LAUGHING

[@brotherted9212]

I’m confused as to why you chose to sell when the market’s low? Even just renting it out until the market stabilizes seems like it would have been smarter. I’d only recommend some sell right now if either they’re financially distressed and have no choice, or if their weak market sale is coupled with a weak market purchase.

[@VeronicaEdwards50]

Thank you for your comment and for trying to understand my situation. I agree that renting could have been a viable option under different circumstances. However, the potential rental income wouldn't have covered the monthly payments on the property, making it financially unsustainable to hold onto. Additionally, the building regulations only allow for long-term rentals, which further limited my options. Short-term rentals might have made it feasible, but unfortunately, that wasn't permitted. I explored all possible avenues before deciding to sell, even though I really didn't want to move. Selling was a tough decision, but it was necessary under the circumstances. I appreciate your thoughts and the chance to clarify my situation.

[@noirskate]

Unfortunately due to Covid 19 and remote work many people flocked to The sunbelt which was unable to build any new housing so prices went sky high ….along with low interest rates 3.5 years ago. Now that rates have increased along with increased cost of insurance and taxes many folks are leaving Florida and Texas

[@crimson25543]

Is the rental market still viable (as in keeping ownership of a condo & renting it out)? You've probably noticed there are lots of solo female travelers who have YT channels. Their stories are inspiring -- they are living the dream, making it happen, and all of them talk about how they got over fears & nervousness in traveling alone. Watch a few & you'll feel inspired too! Best of luck!

[@Starfish2145]

Why would you sell that kind of loss? Now you’re going to have to pay rent somewhere. If it was paid for you could have just kept it as a homebase and travel.

[@VeronicaEdwards50]

Unfortunately, it wasn't paid for, and when the real estate market tanked, I was struggling to keep up. I took it as a sign to start living my dream of traveling, and now I could not be happier.

[@juliekovich-recordingartist]

I hope everything goes wonderful for you with your move and travels. No fun but you still get out and can move forward now.

[@10054760]

LOL. She says Florida is such a great place to live yet sellers are desperate to sell?

[@tacmason]

Good for you, having noticed the changes, you took the appropriate actions - In a timely fashion.

[@VeronicaEdwards50]

It definitely was not what I wanted, but I did what I thought I had to do. Thank you for your kind words and support 🤗

[@monicasehuprt3298]

I’m 63 now and I traveled mostly alone all my life. I can’t do that anymore.

[@VeronicaEdwards50]

Thank you for sharing. Traveling solo is such an empowering experience, but I completely understand how it can become more challenging over time. It sounds like you’ve had so many amazing adventures, and those memories will always be a part of you. Even if solo travel isn’t in the cards anymore, I hope you’re able to find new ways to explore and enjoy life. Sending you lots of encouragement and wishing you the best in this next chapter!

[@elisabethdorrer4831]

I feel for you as far as losing money on your property! A long time ago i purchased a small property in London and less than a year later its price fell by 50% while my mortgage payment was skyhigh! To make matters worse I ended up renting it out to people who trashed the place while the rent did not even covermy mortgage payments. Due to the bad state it sold just above the price I bought it at 10 years earlier. The stock market is hazardous as well. I lost so much money in growth stocks and through sheer fluke gained a bit more from blue chip stocks than I lost. I have always adored my job and will find it hard to bow out in 4 months! Luckily I can still do a bit of freelance work allowing me to dip less into my savings and investments. I feel very well preparedfinancially but would have never thought prices would be this high bythe time I would retire. My modest townhouse was paid off 18 years ago and thanks to no lifestyle creep I could act like a squirrel and financially support my son, until he he had his two degrees and could stand on his own two feet.

[@relicofgold]

Florida is a great place to LEAVE. The president doesn't determine the economy, regardless of what Fox tells you. Do you think things will be better now that we've got another president? No. Things will not be better. Housing will still be scarce, prices will rise, possibly exponentially. Travel is a good idea as it gives your perspective. I hope you find good things for yourself.

[@RioJudy]

Very well said!

[@anniesshenanigans3815]

you might have lost money, but at least you got some cash out of it. Some people are walking away getting NO CASH. I hope to sell next Spring so I can travel. My house is paid off, but I need the equity in it to have a decent retirement. I am a native Floridian, but I have had about enough of the overpriced, taxed and high insurance.. If I had unlimited funds, I would stay here in SWFL. But since I do not, I will be leaving before the next hurricane season if I can sell my house by then. Not a condo, Not in an HOA.... so where did you move to? I don't like cold weather.. so my options are limited if I stay in the U.S.

[@VeronicaEdwards50]

Thank you for sharing your story-your perspective really resonates with me. You're absolutely right; even though I took a big loss, I’m grateful I was able to get some cash out of it, as so many others are not as fortunate. It sounds like you’ve made a smart decision to position yourself for a better future, and selling before the next hurricane season makes so much sense. Having your house paid off is such a blessing, and I completely understand needing the equity for a decent retirement. SWFL is beautiful, but the costs and risks can make it tough to stay. I moved on to explore new opportunities, but I’m still figuring out where I’ll land long-term. Like you, I’m not a fan of cold weather, so I’m exploring warmer options as well. I wish you the best of luck with your sale and your plans to travel-you’ve worked hard, and you deserve a great next chapter!

[@redalex8794]

Sorry for the loss. During this past four years, many financial hardships have effected me directly here in Florida. I wish I moved back to my real home/ family way back when. I hear you! Can’t afford the move now.

[@phillipmatthews8341]

I’m sorry for your loss. Florida has its ups and downs but it will return to better times.

[@VeronicaEdwards50]

Thank you 🤗

[@janetpattison8474]

I am happy for all the people who love Florida. I’ve been here 25 years bc of family & it’s not for me. I abhor the climate, where for about Nine months, it’s absolute torture, way beyond hot & humid. In the 25 years, Milton and Helene were the first real threats to my city with 100 mph winds blowing for four straight long hours. 80 mph winds the area can handle but 100 is a different story. Where will I move to next?

[@christina-hs7hc]

Glad I found your channel Veronica. I am starting over also at 65. I love your outlook and I am a new subscriber 😊

[@Larrye123]

After the 2nd hurricane, don't you get it?

[@BillonBass]

Using debt to buy these places was not a great idea in retrospect. I do own a condo on the beach at PCB which kicks off great income even after expenses, and I own it outright. I also self insure. I plan on just holding and taking the rental revenue and having a great place to visit occasionally when I’m back in the U.S.

[@commonsense6967]

Ditto for me. My 60+ years old FL home has never been damaged or flooded by weather, even after having half a Live Oak fall on the roof, so a couple of years ago, I decided to self-insure. Additionally, I have a FL rental house, but choose to keep insuring it, mainly because I cannot control whether renters will be careful about turning off the stove and heaters, etc. Paid-for real estate is the way to go in FL.

[@Markham12thcentury]

Listen! I'm in Cape Coral and work in an industry where I met untold amounts of people "...here just looking to buy a property.." from 2020 until just recently. I'm WAY beyond fed up with trying to stop them from ruining their lives, but they're all smarter than ME....according to themselves. I bought at a good price in 2011 in Cape Coral. (I usually call it something else, but this seems too tame a station for that kind of language). I just had to dump it in June, for a bare butt spanking, because of the utility's expansion, endless tax increases, traffic, congestion, the wettest, stormiest, hottest year in recorded weather history, and the fact my roof was wrecked by hurricane Ian, bureaucratic red tape, fees, and the endless 15 hour deluges the Gulf gave us. PLEASE STOP MOVING HERE. NONE OF US WANT YOU HERE AND I'M TIRED OF BEING POLITE ABOUT IT! GO AWAY!

[@egl3369]

I bought an apartment and NEVER AGAIN. Sold it a year later. Strata fees and nightmare neighbours. One tenant even had a rat infestation in her apartment which stunk to high heaven. Strata claimed "nothing we can do". The gardens were never maintained, despite paying a gardener. I could go on.

[@VeronicaEdwards50]

Thank you for sharing your experience-it sounds like you went through a real nightmare! Strata fees and unresponsive management can make apartment ownership so frustrating, especially when neighbors and maintenance issues add to the stress. It’s completely understandable why you decided to sell after a year. Sometimes these experiences teach us exactly what we don’t want in the future. I appreciate you sharing-it’s a good reminder to always research thoroughly before buying!

[@jorgeecheverri6805]

so you bought it not knowing whether you wanted to live there long term and remodeled it immediately, no bueno. you have to figure out how long you want to live there before you throw money at it, imo

[@VeronicaEdwards50]

Thank you for your comment-you’re absolutely right that planning long-term before investing in renovations is important. When I purchased the condo, it was supposed to be my forever home, which is why I decided to remodel it right away. At the time, I didn’t expect the real estate market to plummet the way it did. Hindsight is 20/20, and this has been a hard but valuable lesson for me. I appreciate your perspective-it’s a great reminder for anyone making similar decisions!

[@edenpagani1243]

I'm praying for you. I am so sorry. You will rebuild.

[@VeronicaEdwards50]

Thank you 🤗

[@cathymiller6670]

Where in Florida was your Condo ?

[@steveg6978]

V.....you need to be more aware of markets. The FLA was in a bubble 2020 /2022. I was plain to see. Also, FLA is know for this boom and bust

[@tudormiller887]

Hello Veronica. ❤ I'm a brand new subscriber watching in 🇬🇧

[@VeronicaEdwards50]

Hello and welcome to the channel! ❤ Thank you so much for subscribing-it's great to have you here watching all the way from the UK! I truly appreciate your support and hope you enjoy the content. Feel free to share your thoughts anytime!

[@Gati1313]

What state did you move to? We left FL and are in north AL now 😊

[@sp1970ful]

Sorry to hear hopefully things pick up Florida is tough with the insurance policies given. Many happy days ahead.

[@CroisMoi]

I think more people lose money on real estate than earn it. I sold my house in 2009. I sold for what I paid for it 5 years prior. I calculated I could have lived overseas for several years on what I lost. I think you did the right thing selling now.

[@VeronicaEdwards50]

Thank you for sharing your experience-it’s so true that real estate doesn’t always yield the returns we hope for. Selling your house in 2009 must have been a tough decision, but it sounds like you’ve gained some valuable insights from it. I really appreciate your support and encouragement-it helps to hear from others who’ve been through similar challenges. Here’s to moving forward and making the most of what lies ahead!

[@seameology]

The insurance alone would keep me away. In my state, we don't have a lot of natural disasters and it's pennies.

[@VeronicaEdwards50]

I completely get where you’re coming from-insurance costs in Florida are a huge deterrent for many, especially with the risk of natural disasters. You’re lucky to be in a state where those costs are so manageable. It really makes a big difference in overall affordability. Thanks for sharing your perspective!

[@stockey]

HOA fees and taxes also.

[@MargaretGSmith-c1q]

Some states where there is risk of natural disasters....Florida hurricanes, North West fires, Upper Eastern boarder states may not offer homeowners insurance, but only offer self insure. No Thank You! I couldn’t live in those areas or afford the insurance. Don’t get me started on the triple increase on home sales. Totally insane. And with Jerome Powell’s rate cuts, the home interest rates aren’t that great. Still hovering around 6%, which isn’t that good. I live in a 2 bedroom, 2 bath apartment I share with my partner. The rent is reasonable + maintenance and lawn work is part of the deal. Love it! Sorry, you took such a loss, but today’s selling and buying has changed drastically in the last four years. Well, I guess you know that as a realtor. Tough career at this time. Good luck.

[@brejoya]

It’s Brejoya. I didn’t know you left:( seasons change, good job on recognizing the change. Also, I agree that our current President affected the market…. My business was affected because their living was affected ( inflation, post COVID market). And congrats on getting your page to the point that you have debate in your comments, lol. Many blessings in your new chapter.

[@VeronicaEdwards50]

Brejoya! It’s so good to hear from you, and thank you for your kind words. Yes, seasons definitely change, and leaving was such a hard decision, but it felt like the right one for this chapter. I’m sorry to hear that your business has been affected too-it’s been a tough time for so many people post-COVID with all the ripple effects of inflation. And thank you for noticing the debates in the comments, lol-it’s definitely been a journey growing the page, and I’m grateful for the engagement, even when the conversations get spicy! Wishing you all the blessings in your business and life. Sending lots of love your way!

[@valeriefromoregon]

My sister lives in Ormond Beach Florida.. I thought about a condo near there but nope never I’m staying here .. the west coast is the Best Coast.

[@LogicShouldRule]

Why did U sell? Why not hold on to ur beautiful condo until the market improves? Just curious?

[@CarolAttrux]

Hello! I highly recommend a KZbin channel called Lulu’s Way. She travels alone but also coordinates get togethers along the way. A nomadic life is not for me but many people have chosen that path. All the best on your journey.

[@VeronicaEdwards50]

Thank you for the well wishes, and I will check Lulu's Way channel out.🤗

[@commonsense6967]

Best of luck to you in your future endeavors, Veronica. You sound like one of the better, more professional and conscientious real estate salespeople, and FL needs them.

[@VeronicaEdwards50]

Thank you so much for your kind words and encouragement-it truly means a lot to me! I’ve always strived to approach real estate with professionalism and care, so hearing that really makes my day. Florida has been an incredible place to work, and I hope the market finds its way back to stability. Wishing you all the best as well!

[@DsnyLuv]

I just found a channel of this lady that sold her house; retire and lives in cruise ships , she’s traveling the world with her accommodations, food, transportation all included 😊

[@VeronicaEdwards50]

Thank you for sharing that-it sounds like such an incredible and unique way to retire! Living on cruise ships and traveling the world with everything included is definitely an inspiring idea for anyone who loves adventure and a worry-free lifestyle. I might have to check out her channel for some inspiration! 😊 What a creative way to embrace retirement!

[@SmartPracticeSuccess]

What channel is that?

[@plugnut4713]

Real estate is always boom and bust. Timing and a little luck are always a factor with location location location.

[@ttiller3744]

Could you have rented it out and kept it until the market went up?

[@ThomasSlodzinski]

Wow I'm so sorry to hear that. But you will definitely bounce back you have everything going for you Veronica you are beautiful you are intelligent you will persevere❤❤❤

[@VeronicaEdwards50]

Thank you so much!! 🤗

[@ThomasSlodzinski]

@@VeronicaEdwards50 you are entirely welcome my beautiful lady

[@ThomasSlodzinski]

@@VeronicaEdwards50 I am semi-retired and it seems like nothing worthwhile is easy

[@oldnatty61]

What's the rental market like? W/ stuff tanking I've been thinking of picking something up down there. Is land value dropping also? I'm planning to rent mine, and travel nomad style. But I'm in a different market. This will gives me monthly income, and solve the permanent residence problem of nomad life.

[@Mike-n2f8k]

Blame your dang governor!!!°

[@commonsense6967]

The governor does not control the weather. And we Floridians ❤ DeSantis!

[@MsAmelia55]

Change is challenging as one grows wiser and older but you will find your way. God Bless. Definitely the past 4 years have been intentionally made harder.

[@VeronicaEdwards50]

Thank you so much for your thoughtful words and encouragement-it truly means a lot. Change is definitely challenging, especially as life experiences shape us, but I’m holding onto hope and faith that I’ll find my way. I completely agree that the past few years have been especially tough for so many of us. God bless you as well, and thank you for taking the time to share your kind words!