“Pain to Come” and BIG Opportunities for Commercial Real Estate

[@timeforachange-i3s]

I went on a research trip for new homes last Saturday in a suburb in Northern Metro Atlanta, that was a high desirability for homeowners, and noticed that builders are suppressing inventory. One subdivision will have 20 townhomes and 20 SFH and eight are ready to go for immediate occupancy and not one is under contract. In fact in the entire subdivision there is only one home sold and one home under contract being built. The eight homes ready for IMMEDIATE occupancy only have TWO of the eight listed for sale. In addition to the eight for immediate occupancy, they have an additional eight under construction. In another subdivision there are five homes ready for immediate occupancy and only one listed online. They too have seven under construction that are all AVAILABLE. Lastly the final phase of a $600K-$700K townhome subdivision and they have five homes for immediate occupancy but only ONE LISTED online for sale. The builders are lying about the number of homes that are available and artificially suppressing inventory. Go shopping in your area and see if the same thing is happening.

[@firefalcoln]

Here are some of my skeptical thoughts on your independence findings and conclusions: I wonder how you know how many homes are actually ready for immediate occupancy just by driving by a new development. It’s easy to tell when some early stage homes aren’t ready yet. But at a certain point an incomplete home will look completed from the outside, but possibly still not have everything finished yet. I also feel like if builders are able to artificially suppressing the supply numbers, that that’s something that they likely could/would do for decades because it’s almost never bad for builders to make their supply look smaller than they really are to increase their prices. It also seems that most of the time developments are approved for a certain number of homes over a certain period of time in their space. So it doesn’t seem too difficult to approximate how many homes should be completed each year for a new development based on what was approved. It’s typically much easier for developers to make less than approved after the fact than more than approved in secret to conceal a challenge to sell the homes at the expected asking prices.

[@catamish9338]

I researched the Las Vegas desirable areas and noticed new homes are priced lower then preexisting

[@tyyoungblood]

Great video. Smart guy there with lots of really good market insights.

[@Kwameking1]

Invaluable information.Crystal clear.Thank you Gents.

[@youngj00]

They have released a new Street Fighter (SF6) and Guile is in fact in the game.

[@ericvalentin3577]

Street Fighter real estate fan here and yes - a new one is out!

[@georgebaltakianrealestate4189]

Excellent

[@bamh1re318]

why did SVB, Signature & FRB go under with much liquidity floating around? weren't they killed because of "liquidity crunch"?

[@MrWhale37]

Bonus! Love it

[@catamish9338]

I feel the recession has a purpose to refill the bank coffers. I mean look at how much was given away. And I know this statement is obvious. However to not participate is to weaken the country more. If no money had been paid out hypothetically would we be in a recession? Would there be more death in the streets from disease and failing business? Is money always the answer? Ugh! I’ve been skirting the edge and now want to know if should even bother to buy a home as it will empty my coffers . And for what so I can be chained to debt and not enjoy my life? When I can have more financial freedom to rent, keep the cash and invest it other places. Did the fed just destroy the real estate market?! To pay back all the money Biden printed and for how long?! I am to the party late but I don’t want to own a home at the expense of burdening my children and living in a cheaper area at the expense of never seeing my children. This is not the American dream! I suppose the best option is to cohabitate so family can be strong units and help each other out. Or I just keep traveling for work to bank the cash. However, if the gov’t keeps raising interest rates they will be met with some issues …. Look what’s happening in Europe!

[@bamh1re318]

Comparing to the last cycle 2006-2011 we are in 2007. Of course there are no two things the same

[@brandonbaker5884]

What to expect in the CMB market ? A: Pain

[@brboyden1]

The best part of OTM was the lack of David. Get him off this one. He has enough other places to talk about himself.

[@brucebanksshow]

David really wanted him to talk about inflation 😂. That's so annoying he keeps bringing that up.

[@RamiSobhani]

this is total clickbait

[@acshannon2527]

"PromoSM" 💯