Top 12 Florida Real Estate Markets Crashing Fast! (Real Estate Agent Reacts)

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Yak Motley

Yak Motley

Күн бұрын

Пікірлер: 226
@YakMotley
@YakMotley 2 ай бұрын
Thanks for watching! Check this video out- This could Collapse the Florida Real Estate Market! kzbin.info/www/bejne/e2ipZqmDZc6Zq6M If you are looking to buy or sell Real Estate on the Gulf Coast of Florida or Alabama email me at jack.motley@adoorrealestate.com. I am a Real Estate Agent.
@gerrybyrne5636
@gerrybyrne5636 2 ай бұрын
It collapsed already.
@joeyork9891
@joeyork9891 2 ай бұрын
50% drop brings us back to 2019 prices When it hits 08 prices Ring the bell 🔔
@tatianastarcic
@tatianastarcic 2 ай бұрын
As a realtor in my opinion, a housing market crash is imminent due to the high number of individuals who purchased homes above the asking price despite the low interest rates. These buyers find themselves in precarious situations as housing prices decline, leaving them without any equity. If they become unable to afford their homes, foreclosure becomes a likely outcome. Even attempting to sell would not yield any profits. This scenario is expected to impact a significant number of people, particularly in light of the anticipated surge in layoffs and the rapid increase in the cost of living.
@JacobsErick-u8r
@JacobsErick-u8r 2 ай бұрын
I suggest you offset your real estate and get into stocks, A recession as bad it can be, provides good buying opportunities in the markets if you’re careful and it can also create volatility giving great short time buy and sell opportunities too. This is not financial advise but get buying, cash isn’t king at all in this time!
@nicolasbenson009
@nicolasbenson009 2 ай бұрын
You are right! I’ve diversified my 450K portfolio across various market with the aid of an investment coach, I have been able to generate a little bit above $830k in net profit across high dividend yield stocks, ETF and bonds.
@sharonwinson-m8g
@sharonwinson-m8g 2 ай бұрын
Could you kindly leave your investment advisor's contact information here? I absolutely must have one.
@nicolasbenson009
@nicolasbenson009 2 ай бұрын
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with Melissa Terri Swayne for about 4 years now, and her performance has been consistently impressive.
@SO4JTV
@SO4JTV 2 ай бұрын
Thanks Jack - another helpful video … I’ve been hearing too about DFW in TX area having a lot of foreclosures..
@curly__3
@curly__3 2 ай бұрын
Foreigners and foreign owned corporations, etc should not be able to own US real estate directly or under any type of straw purchase agreement.
@chuong7249
@chuong7249 27 күн бұрын
Who will buy it?
@RevRadioJoe
@RevRadioJoe 2 ай бұрын
Well, when it went up 300-400% in some cases, a 25% pullback doesn’t really mean much.
@stayready4fun
@stayready4fun 2 ай бұрын
Citizens cut us last month. Fortunately, we put in a claim after the 2 hurricanes beforehand and received a check within 3 weeks. I couldn't imagine being on a fixed income living in Florida. The property taxes are sky high and food is pricey. If you're old in Florida, get out of here.
@tomf9292
@tomf9292 2 ай бұрын
Snowbird here. We have a small villa in Boynton Beach. I did notice a bunch of for sale signs in the area. We went to an open house this past Saturday and the realtor told us we were the only ones to go thru. We only went because we drove by it on our daily bike ride. The times they are a changin for sure.
@jasoncapecod
@jasoncapecod 2 ай бұрын
the prices in aberdeen seem to be holding steady
@MuahMan
@MuahMan 2 ай бұрын
Hey! I live in Leisureville in Boynton Beach right off Woolbright.
@PianoMatronNeeNee
@PianoMatronNeeNee 2 ай бұрын
It’s a “rip off” living in Florida.
@charlesbartlett2569
@charlesbartlett2569 2 ай бұрын
When it comes to property insurance in Florida ask yourself who benefits the most from their campaign donations. It explains everything.
@ricardosantana5424
@ricardosantana5424 2 ай бұрын
Good job on the stitch…as a Florida homeowner and 23 year resident I truly question my decision. My house in NY has increased 1.7 million. The one down here 200k and it’s losing money. For the love of the sun.
@gpaula2232
@gpaula2232 2 ай бұрын
Not sure what all these people moving to Florida expected. I suppose no one warned them about the astronomical property taxes and insurance.
@PascualMorales-py6gd
@PascualMorales-py6gd 2 ай бұрын
since you brought up insurance and Citizen's, Citizen's insurance is going to make everyone pay for flood insurance, regardless of whether or not they are in a flood zone. its crazy
@stayready4fun
@stayready4fun 2 ай бұрын
They're saying maybe just $400. That's nothing. 3-6 dinners out. Don't exaggerate.
@PascualMorales-py6gd
@PascualMorales-py6gd 2 ай бұрын
@@stayready4fun yea but another 400 a year when premiums have gone up drastically already. plus when the insurance says its gonna be 400, its gonna be like 600 by the time you have had that property for a year
@stephengeorge3507
@stephengeorge3507 2 ай бұрын
I'm not in flood zone, live in lakeworth, my insurance for small 2 bedroom was 2100,this yr they sent me a bill for 5,200$,I was complaining 2100 was way to high
@stephengeorge3507
@stephengeorge3507 2 ай бұрын
​@stayready4fun it's more then that,I haven't eaten out 4,5,time last ten yrs,most people haven't, unless your living up the hill thumbing your nose at everybody, of course, you would never do something like that. 😉✌️
@karifredrikson-lr1mm
@karifredrikson-lr1mm 2 ай бұрын
My husband & I rented a Condo in Florida a few years ago. The Owners hadn’t kept up with their own Inspections. We did the Inspections!The first day e found out one of the bathrooms wasn’t working. Day 2 they fixed it.( that’s 2 days without 1 of the BR) Day 3 another Problem,Day 4 it’s fixed. We WONT RENT ANOTHER CONDO! I wish I can say they gave me an Adjustment because we weren’t getting what was advertised! But my husband said, “Don’t make a Big Deal out of it!”
@Dee-w5y
@Dee-w5y 2 ай бұрын
Home values are declining rapidly throughout the greater Tampa Bay area.
@sarahlachman1349
@sarahlachman1349 2 ай бұрын
Yeah Helene destroyed the cheap costal homes built in the 70s going for 22x their original value
@monnica1862
@monnica1862 Ай бұрын
Mother nature taking back everything.
@nowyouknowrealestate5703
@nowyouknowrealestate5703 2 ай бұрын
Secret to Home Insurance… shop, shop, shop. Citizens depopulated us after 2 years with them. I shopped over 3 days with many phone calls and got prices ranging from $2500 to $9000. Citizens was $3400. I went with the $2500.
@stephengeorge3507
@stephengeorge3507 2 ай бұрын
Agreed,I'm going to start looking,I'm about to be depopulated,prices are all over the place.
@samo8204
@samo8204 2 ай бұрын
I was almost 20 years into a 30 year loan in 2008 (I was in the construction industry) and lost my house in CA. Moved to FL (33570) in 2020, bought a house @ 245K. Then the insurance nightmare hit. I honestly don't know what to do at this point?
@monnica1862
@monnica1862 Ай бұрын
Don't move to Florida, CA or NYC. I could of told you that.
@mydressmemos
@mydressmemos 2 ай бұрын
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 neighbourhood that cost around $450k in sales in 2019 are now going for $800 to $950k. Every seller in my neighbourhood 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.
@winifred-k9e
@winifred-k9e 2 ай бұрын
Home prices will come down eventually, but for now; its best to offset some of your real estate investments 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 normalises. 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.
@richardhudson1243
@richardhudson1243 2 ай бұрын
Over the past three years, I have been working with a professional who has provided daily guidance on my investment decisions. With their expert analysis, I have realised gains of over $1.3 million. Their insights have helped me avoid losses and capitalise on market breakthroughs, particularly during downtrends.
@JacobsErick-u8r
@JacobsErick-u8r 2 ай бұрын
I'd be glad to get the help of one, but just how can one spot a reputable one? How did you spot this FA ?
@richardhudson1243
@richardhudson1243 2 ай бұрын
I'm been guided by "Melissa Terri Swayne" who is widely recognised for her competence and expertise in the financial market. She has a thorough understanding of portfolio diversification and is regarded as an authority in this field.
@LUCIASMITH-d1z
@LUCIASMITH-d1z 2 ай бұрын
Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.
@joeydego2
@joeydego2 2 ай бұрын
As long as NY/NJ money keeps pouring into the state, property values will only continue to rise not fall.
@dd-uy5lx
@dd-uy5lx 2 ай бұрын
let them, fool with its money depart.
@allanbauer4076
@allanbauer4076 2 ай бұрын
​@@dd-uy5lx yep. It's comical how Floridians fleece northeners on just about everything when they come down.
@dd-uy5lx
@dd-uy5lx 2 ай бұрын
@@allanbauer4076 Florida is the gambling house of the USA. either drugs runners or hurricanes or warm birds, everyone is a victim in that state
@Ms.Merotica
@Ms.Merotica 2 ай бұрын
New home constructions left uncompleted due to lack of funds is a serious problem. Once you start building a home it begins to deteriorate. Bugs, vermin, and the like move in. The weather and mold move in. A neighbor here has taken several years to build a single home and once after putting in some spray insulation some opossums moved in, and he had to rip it all out and redo. Please don't ever buy a home that was left uncompleted while waiting for a better rate.
@VictoriaRowe-u9l
@VictoriaRowe-u9l 2 ай бұрын
With copytrading, you could be sipping coffee on a balcony overlooking a bustling city skyline or lounging on a pristine beach, all while your investments work for you. Picture the freedom to pursue your passions, travel the world, and create lasting memories with your loved ones, all because you took the initiative to harness the power of copytrading and build the life you've always dreamed of.
@SandraElliot21
@SandraElliot21 2 ай бұрын
Do you invest with a professional broker? 
I'd appreciate it if you show me how to go about it.
@VictoriaRowe-u9l
@VictoriaRowe-u9l 2 ай бұрын
Can't share much here, I take guidance from ‘Sophia E Haney’ a renowned figure in her industry with over two decades of work experience. I'd suggest you research her further on the web.
@VictoriaRowe-u9l
@VictoriaRowe-u9l 2 ай бұрын
Use her name to quickly conduct an internet search.
@VictoriaRowe-u9l
@VictoriaRowe-u9l 2 ай бұрын
SHE’S MOSTLY ON TELEGRAMS APPS WITH HER NAME.
@VictoriaRowe-u9l
@VictoriaRowe-u9l 2 ай бұрын
Sophiahaney she’s verified
@charlesbartlett2569
@charlesbartlett2569 2 ай бұрын
I keep checking real estate in the Tampa Bay Area and prices haven’t gone down much, staying flat the last year. Folks aren’t buying and sellers are staying firm.
@daribryan7062
@daribryan7062 2 ай бұрын
Same with South Florida
@allanbauer4076
@allanbauer4076 2 ай бұрын
Unless you are stuck in Tampa area due to your job it makes no sense to buy there. Prices are insane. Move an hour away and it's still high but not crazy. Drive into Tampa if you want to visit then go home .
@deelehey2827
@deelehey2827 2 ай бұрын
St. Petersburg always floods. Don’t buy in Venetian Isles or Shore Acres.
@GungaGaLunga777
@GungaGaLunga777 2 ай бұрын
no matter the asking price, if you can't sell, it aint worth anything. Florida is the canary is the coalmine. inevitable.
@ThatBoatGuy
@ThatBoatGuy Ай бұрын
100% what's going on down here
@muskyful
@muskyful 2 ай бұрын
Florida is toast for the next 10 yrs or more and may never be the middle class paradise it once was. We left after 18 yrs and now are back to controlling our expenses and saving again!
@lorivalentine5846
@lorivalentine5846 2 ай бұрын
Used to live in shore acres St pete area it’s flooded every time Even on a sunny day because they have these locks that open and close in on a sunny day if the wind is up and the tide is up, the streets were flooded. I’ve had water up to my car doors before. And there wasn’t even a storm. . Are used to own a house back in 1989. In that area. It’s flooded since then since I was there. We sold in 2005. Glad I left that area!! It was a blessing!
@luminous_lioness
@luminous_lioness 2 ай бұрын
Thanks for your analysis. I live in Fort Lauderdale. Houses for sale all over hollywood and dania beach. Very overpriced yet as you mentioned the insurance is super high. 2 houses for sale adjacent from me have sat for over a year now. I seen maybe 2 people in the past year even look at it. It's actually scary how many people are leaving and how much building they are still doing. I want to buy but I'm uneasy with everywhere in florida right now.
@curly__3
@curly__3 2 ай бұрын
Uninsurable houses are worth exactly what the building materials are worth that are in the home. The lot has no value. So most of these multi million dollar ocean front properties are worth what the framing package and appliances, and trim package cost. No more, not even the labor.
@michelleelmore1875
@michelleelmore1875 2 ай бұрын
You and your Channel are fantastic ❤❤❤
@atanacioluna292
@atanacioluna292 2 ай бұрын
I brushed off the exaggeration in that video but it did effect my feelings. Your analysis is a big help.
@eugene1926
@eugene1926 2 ай бұрын
I'm not buying any property in Florida. Hurricane/tropical storms threat will continue. I'm eventually getting out of FL to buy somewhere else.
@DypoMage
@DypoMage 2 ай бұрын
You are correct! Get out while you still get a decent price of your home, it will get really bad rapidly.
@AnyaMidkiff
@AnyaMidkiff 2 ай бұрын
Well, perhaps not buying to live there, but to hold it, and any mineral rights.... might not be a bad idea
@firnobulax
@firnobulax 2 ай бұрын
This is only a problem in flood zones and close to the coast. If you avoid buying there Florida is wonderful. Hurricanes and all! :)
@curly__3
@curly__3 2 ай бұрын
Colorado is eating it... Great vid! Thanks.
@andreathompson-bg4hl
@andreathompson-bg4hl Ай бұрын
I am getting the hell out of colorado in January. Can't wait.
@vanessag6900
@vanessag6900 2 ай бұрын
Prices in Orlando remain sky high and new construction townhomes in Seminole county go for almost half a million. Ridiculous!
@flintknappingtools
@flintknappingtools 2 ай бұрын
We have a homestead in western pa and are looking for something near or north of Inglis
@fudogwhisperer3590
@fudogwhisperer3590 2 ай бұрын
Not going to catch a falling knife. I will buy in Florida when the prices bottom out and all this insurance and inflation gets sorted, probably 5 years unless I can get a killer deal.
@Tamara_W
@Tamara_W 2 ай бұрын
I do not for see lower property taxes nor lower insurance rates. Storms and flooding has significantly increased and likely to continue that trend.
@karonwells8481
@karonwells8481 2 ай бұрын
But we have Desantis. We should be fine😅
@luminous_lioness
@luminous_lioness 2 ай бұрын
I think it's all over friends. Florida as we know it is gone.
@karonwells8481
@karonwells8481 2 ай бұрын
@@luminous_lioness just glad i bought my house when I was able to, below budget. Now worth over 3 times more.
@tomsmith-rj3vw
@tomsmith-rj3vw 2 ай бұрын
Its a night mare. I agree Florida has been destroyed for middle class. You have to take home over 100 grand a year. To live in Florida.
@fuzzresponder2225
@fuzzresponder2225 2 ай бұрын
They forgot to tell this to Miami Dade! 🤣🤣
@hillarynewman8220
@hillarynewman8220 2 ай бұрын
The American Dream is now a nightmare in Miami-Dade smfh
@luminous_lioness
@luminous_lioness 2 ай бұрын
Dade, broward, palm beach. All of it is done.
@jeffsurfanderson
@jeffsurfanderson 2 ай бұрын
Prices need to drop by 75% in order for people to be able to buy in Florida because of insurance and HOA fees
@lostboi3974
@lostboi3974 2 ай бұрын
I had 4 rentals in Deerfield Beach. I had to sell them because of higher hoa and insurance, eating up half of the monthly income. I made more ACTUAL passive income by investing in the sp500, vgt, and schd. But when I sold them, I actually saved 12k in tax by getting a second opinion on the appraisal's.
@RichWiands
@RichWiands 2 ай бұрын
There is no luxury market collapse in Naples, Collier County, or Lee County. Record sale prices for homes and property. Unbelievable amount of new construction, including replacing older beach front homes. And because of growth in the area, no increases in property taxes which are about half of what I paid 5 years ago when I lived in upstate NY. And outside of homes in Lee County in the last several months, gravel mine sells for $600+ million, warehouse complex sells for $150+ million, Amazon announces $80+ million project, commercial land on Fort Myers Beach sells for $3,000+ a square foot, and newly constructed house on Fort Myers Beach sells for $6+ million. The rest of the country should be suffering such a market.
@pinschrunner
@pinschrunner 2 ай бұрын
In the inland areas of Florida, snowbirds, professionals, school teachers, young couples, and out of staters are looking and buying. The coastline is screwed. We are good here for now. Pendings happening daily and within 5% of asking prices. Many sat on the sidelines until after tye election. Now, the Trump Bump is in full swing. People need a roof over their yeads and dont want to be rent slaves
@redstripeblueboat1840
@redstripeblueboat1840 2 ай бұрын
What are your thoughts on the Gulf Shores/Orange Beach markets? Our wind policies are expensive but seem stable.
@evelynmartinez5063
@evelynmartinez5063 2 ай бұрын
My home is in south Tampa my block houses has gone up around 450,000 to 500,000
@bigd9526
@bigd9526 Ай бұрын
I think 🤔 the bigger question is is this the only market this effects. What about other coastal cities
@cabomac1
@cabomac1 2 ай бұрын
It doesn't matter how much real estate goes up if there's no one able to by them!!!
@LuisaBester
@LuisaBester 2 ай бұрын
Hi we moved from Jupiter FPL to Georgia we are planning to move back . What area do you recommend with what’s going on we would like to stay in the NE of fl
@SC-sh6ux
@SC-sh6ux 2 ай бұрын
5:00 I toured a multimillion house that sold years ago yet nobody has ever lived in it 😢
@hvymettle
@hvymettle Ай бұрын
DuhSantis is the worst governor in Florida's history and that includes Rick Scott.
@gerrybyrne5636
@gerrybyrne5636 2 ай бұрын
Youd be crazy to buy in Fluuuuurda ,its in freefall .
@Jriddle9
@Jriddle9 2 ай бұрын
After this hurricane season I’m actually happy that im renting in Fort Lauderdale. If my house blows over I pack up and leave
@luminous_lioness
@luminous_lioness 2 ай бұрын
Forsure! I'm ready to buy but nowhere in broward is safe from flooding. So we rent.
@tomf9292
@tomf9292 2 ай бұрын
What is this video your showing? Who made this?
@jgilldrafting
@jgilldrafting 2 ай бұрын
All the water retention requirements are keeping the ground soggy.
@rhondadecker440
@rhondadecker440 2 ай бұрын
And with them continuing to "modify" our weather you wonder if its more convenient so the investors can come in for pennies on the $
@peterdean5300
@peterdean5300 2 ай бұрын
Exactly
@gsten2116
@gsten2116 2 ай бұрын
How are "they" modifying weather? And who is "they"?
@DypoMage
@DypoMage 2 ай бұрын
@@gsten2116 :)
@charlesshort4287
@charlesshort4287 2 ай бұрын
Would love an answer to that question, Who are they, How are they modifying the weather,
@zsigzsag
@zsigzsag 2 ай бұрын
@@gsten2116 Pay no attention. It's one of those ridiculous theories that organizations are "controlling" the weather. They tried back in the 60s and it failed miserably! These storms have been occurring since prehistoric times. The Earth is undergoing changes that have been happening for 10s of 1000s of years+ and still going on. No one can control it just adapt.
@aprilgentile5438
@aprilgentile5438 2 ай бұрын
Not sure how anyone can call it a crash when prices un realistically increased over 200% in some areas over the last four years
@cdavis25232
@cdavis25232 2 ай бұрын
"Net Income" hit different than "Gross Income"!!!!!!
@ianstallings
@ianstallings 2 ай бұрын
Notice the video says "investor". Most home owners just need a home and honestly the downward pressure, imho, is a good thing.
@michaelstarr1285
@michaelstarr1285 2 ай бұрын
They are still building by me.
@jacklynnegron-pappas3750
@jacklynnegron-pappas3750 2 ай бұрын
What i don't understand is that FL is a Republican state and they are choking the market with sloppy legislation/regulations after years of very little regulations.
@jet4415
@jet4415 2 ай бұрын
It WAS sloppy. A knee jerk reaction due to the collapse of Champlain Towers. The law’s timeline is way too fast. The Republicans (DeSantis) will never own up to the disastrous outcomes.
@alyross2850
@alyross2850 2 ай бұрын
What kind of Republicans though? I actually don’t know the answer to that, but that’s the question. Are they Uniparty Republicans? If so, they aren’t a bit better than the minority party there and people should expect these kind of corrupt regulations and kick backs.
@Tamara_W
@Tamara_W 2 ай бұрын
I would not live in a flood zone area, the health problems created from the flooding disaster, lose all your personal and sentimental belongings, then high property taxes and insurance rates.
@violetgirl6512
@violetgirl6512 2 ай бұрын
Something NO BODY is talking about ... Leishmaniasis is happening in the Jacksonville area. Florida doctors refuse to correctly diagnose... you need to go to an out of state doctor to get diagnosed/medication.
@gsten2116
@gsten2116 2 ай бұрын
The fuck has this got to do with property values?
@glyniscoleman4813
@glyniscoleman4813 2 ай бұрын
Well Jacksonville is pretty disgusting every time I have been there we get sick have an accident or something else happens we avoid Jacksonville whenever we can
@alyross2850
@alyross2850 2 ай бұрын
Healthcare is bottom barrel in FL. The pay for healthcare workers is low low low. Travel nurses, for example, get paid REALLY well, typically. But the TNs I know will work in FL for a month or two and their pay is just to keep them alive while they are enjoying themselves down there. Meanwhile in much of the rest of the US, a month or two of TN work pays the bills and puts about 20K in their savings. So who wants to work just as hard, live in a pricey area, and never get ahead despite the potential to do so elsewhere? No thanks. That’s what vacation is for.
@jasonsargent5030
@jasonsargent5030 2 ай бұрын
Homes here in West Palm and Palm Beach are increasing....😅
@Rick-ip3cm
@Rick-ip3cm 2 ай бұрын
Do you know how market is in foely al ?
@YakMotley
@YakMotley 2 ай бұрын
Sure do. Happy to help. Email me what you are looking to do.
@sunnybunnyranch
@sunnybunnyranch 2 ай бұрын
I am selling at a 20% discount because I got hit by TWO floods in TWO years. I’m done. Lucky to only lose as much as I am ….. and I am losing $$ but not doing a short sale - selling to cover my liabilities
@chuong7249
@chuong7249 27 күн бұрын
Don't listen to the advertisement. Do research before moving to Florida.
@bayboybob
@bayboybob 2 ай бұрын
The properties in Florida need to drop the exorbitant amount they jumped during COVID-19 and then the property taxes should drop to previous levels.
@Mary-f1k8t
@Mary-f1k8t 2 ай бұрын
These problems in Florida will affect everyone, nationwide.. eventually.
@Mary-f1k8t
@Mary-f1k8t 2 ай бұрын
So many of these work-from-home employees seem to be foreign? Do they even reside in the States? And how does THAT play into the equation?
@hillarynewman8220
@hillarynewman8220 2 ай бұрын
Chaotic life! So what do we do? My daughter a single young professional is looking to buy her first home in Florida! She qualifies for a number of grants as a HS teacher and making a decent income? She is down in the Homestead area. Should she hold off? Her rent is is $2200 a month for a 750 sq I bedroom with amenities. Her rent goes up about $200 every year! Can you address this? I advised her to stay out of the tract housing developments and HOA mess find a free standing older house (renovated) or a duplex/ triplex to help her with the mortgage and bills! She does not want to become a landlord! Is that a good plan she is in her late twenties and as I did at about the same age I invested in a home back when t-Rex roamed the earth at a 2.2% int.rate. What can she do! Just sit in her down payment and continue inv in her etf and pension fund! Omg! Help! Someone!?
@trentmiller7532
@trentmiller7532 2 ай бұрын
Property appraising goes lower, property tax value should be lower too. If “we” stand up, and don’t buy, the assessors can’t collect!
@yamistovall
@yamistovall 2 ай бұрын
Can't we just call out the ELEPHANT in the room...
@MegaDePorter
@MegaDePorter 2 ай бұрын
But wasn't most real estate way over valued...over priced? Now "values" are falling. Isn't that just a correction that we could all foresee?
@rickho69a
@rickho69a 2 ай бұрын
It's an OVER BUILDING problem, NOT a "flooding " ; a glass only holds so much water.
@DypoMage
@DypoMage 2 ай бұрын
Facts are facts, you can believe in anything. And I know you do!
@gerrybyrne5636
@gerrybyrne5636 2 ай бұрын
It's doomed.
@leilas1844
@leilas1844 2 ай бұрын
The state of Florida is responsible allowing to do construction on flooding zone therefore there is a trick to it, we are NOT required to pay flooding on top of regular insurance. Check before you close on a property. Think why would the state required to build in a flooding zone? Business? Think carefully
@karonwells8481
@karonwells8481 2 ай бұрын
I live in Jacksonville. My block home is worth 3 times more than i paid about 10 yrs ago. Problem is people dont know how to live within means.
@patriciasuarez738
@patriciasuarez738 2 ай бұрын
That is based on luxury properties.
@LWT633
@LWT633 2 ай бұрын
eventually sellers with quit the delusion of what they think their house is worth becuause of the bubble . if buyers remain on the sidelines eventually all that pressure will make prices come down. lets keep holding the line people... DONT BUY ! LETS WAIT FOR A 30-40% CORRECTION
@GraziaMacahilas
@GraziaMacahilas 2 ай бұрын
"Building wealth is like climbing a mountain; investing is the steady ascent, retirement is the summit."
@JamesOliverr7s
@JamesOliverr7s 2 ай бұрын
Great analogy! Climbing toward retirement takes effort, but the financial freedom at the top is worth it.
@HenryLucask5l
@HenryLucask5l 2 ай бұрын
Great insight! I'd love to meet a financial adviser who can help me climb the financial ladder effectively.
@MargaretOlivia2u
@MargaretOlivia2u 2 ай бұрын
How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?
@HenryLucask5l
@HenryLucask5l 2 ай бұрын
My CFA NICOLE ANASTASIA PLUMLEE a renowned figure in her line of work. I recommend researching her credentials further.
@MargaretOlivia2u
@MargaretOlivia2u 2 ай бұрын
Thank you for this amazing tip. I just looked the name up and wrote her.
@LuisRojas-uu4om
@LuisRojas-uu4om 2 ай бұрын
Gov desatan and the maga Floriduh legislature sheep know how to play political games like attacking the largest employer in Floriduh, flying Texass asylum seekers in private planes paid by Floriduh tax payers, etc. Their worthless leadership have really fixed the most expensive worthless Homeowners insurance and the Floriduh condo market real good. Floriduh now has the most uninsured homes at 20% and climbing in the country. They have killed the Floriduh real estate with the homeowner insurance chaos and crazy prices with crazy insurance demands. Voting stupid has consequences and thank God you are not a condo owner in all of Floriduh
@obrianmorgan
@obrianmorgan 2 ай бұрын
What lol 😆 ahh 🤣
@edwardbest3697
@edwardbest3697 2 ай бұрын
The housing market is being destroyed by the state of Florida's regulations and insurance cost.
@mikeking7582
@mikeking7582 28 күн бұрын
TREAT IT LIKE A STOCK AND IT ACTS LIKE A STOCK....EXCEPT....IT'S ILLIQUID
@geraldkoth654
@geraldkoth654 2 ай бұрын
Anything over $50 a square foot is way overpriced.
@cesarpareja2002
@cesarpareja2002 2 ай бұрын
You are pushing it 😂 C’mon $50 a sqft maye if this was 1980
@joeydego2
@joeydego2 2 ай бұрын
Maybe for a trailer home, and an old one at that.
@ianstallings
@ianstallings 2 ай бұрын
I've seen that Appalachian towns with shut down coal mines. But in Florida? What a wild statement.
@cjjohnson4231
@cjjohnson4231 2 ай бұрын
The AI video commentary is weird and flawed. Glad you provided your commentary.
@23drcharles
@23drcharles 2 ай бұрын
Real estate agents are watching their obituary being made by the crash. The Bubble That Broke The Bank argues that the 2025 market is setting the stage for an all-time collapse in 2026. This should warn real estate agents to run to the exits and the illiquid investments will come back slowly in 2030!
@scottdaley3308
@scottdaley3308 Ай бұрын
When Florida drops to 10% I will look
@pinschrunner
@pinschrunner 2 ай бұрын
If there was ONE house on the market, and now there are TWO, thenthe inventory on the market is increased by 100%✓. Dumb metric. Means nothing. Price oer square foot in regional local market matters
@leilas1844
@leilas1844 2 ай бұрын
No please send everyone to the west coast. This is the tipping point …
@VICSWEB1
@VICSWEB1 2 ай бұрын
RE not crashing, they got 20t free money and stock market all time high.
@robertscranton8293
@robertscranton8293 2 ай бұрын
So.. If I buy in Florida.. just build a small house.. like a container house.. hahah.. and a woman from Venuzela
@RussellD11
@RussellD11 2 ай бұрын
illegal in many cities
@mikeking7582
@mikeking7582 28 күн бұрын
I'VE BEEN ELLING PEOPLE i EXPECT A 30-50% REDUCTION....THEY ALL THINK I'M CRAZY...THEY THOUGHT I WAS CRAZY WHEN I CALLED IT IN 2008 TOO
@lazyakers
@lazyakers 2 ай бұрын
Root cause: people want to live in risky areas.
@jeff8846
@jeff8846 2 ай бұрын
Bro, who has a 1000 mortgage…..anywhere?
@kyleinpa5285
@kyleinpa5285 2 ай бұрын
You have to pause the video when you’re talking. Just a tip.
@tomh4591
@tomh4591 2 ай бұрын
damned if you do, damned if you don't. i've been holding off for years now to buy at the next low, and this "inventory up" is just non-existant for me in florida, looking for AG land or rural land...every time I turn around I see new town meeting announcements about property re-zoning. If there was going to be rural residential/AG land up for grabs, NOT ANYMORE they're becoming large scale developments for residential only on tiny lots...whole state going to crap. We are nearing a distopia where china will be growing all the food for the world out of africa (they're already set up for it, and the deserts are flooding and greening as we speak as the grow zones of the world shift) what little we produce here in the states will be GMO garbage in the fields and vertical grown upcycled crap in labs, off limits land for "nature only" while the rest of us are in smart city freakin communist ghettos, excuse me 5 story luxury town houses -_-
@spinecat
@spinecat 2 ай бұрын
$200 dinners?? $400 dinners???? Seriously?? Absolutely insanity...and you are just throwing those number out there?? Yikes....
@glenncharest5183
@glenncharest5183 2 ай бұрын
When you say the FLBLegislators need to figure out the markwmet problem...those on the FL Legilature are too ignorant to figure this out Counting on them you can be certain a corrective measure will NOT HAPPEN...IGNORANCE
@Mary-f1k8t
@Mary-f1k8t 2 ай бұрын
Guess on the up side - when the world is covered with water, due to global warming - houseboats MIGHT be cheaper. Wonder how they'll capitalize on THAT.
@alyross2850
@alyross2850 2 ай бұрын
Oh by then they’ll be back to calling it Global Cooling.
@TheMachinist-k9n
@TheMachinist-k9n 2 ай бұрын
Why do you you shoot your brothers the squirrels?
@HulaShack1
@HulaShack1 Ай бұрын
You are talking about cars flooding but if a person lives in a flood zone, your mayor will order a mandatory evacuation and your car will not flood unless you are a moron and decide to ignore the evacuation order. Seriously auto insurance should not cover your vehicle if you ignore the mandatory order and stay or leave and choose to leave a car behind. Remember that you have days to prepare. So you have plenty of time.
@brandonwilliams159
@brandonwilliams159 2 ай бұрын
I say screw Florida
@leilas1844
@leilas1844 2 ай бұрын
Florida market will be worst than 2008, developers should re think to keep on doing new construction, the HOA will be history the state will get involved.
@manchannel6900
@manchannel6900 2 ай бұрын
50% at a minimum to go back to reality
@GT-1
@GT-1 2 ай бұрын
Been hearing this sensationalism from all these Content creators for how long now? Housing prices are still too high and no crash yet.
@spinecat
@spinecat 2 ай бұрын
It's not like the climate writing hasn't been on the wall.
@jet4415
@jet4415 2 ай бұрын
But…but…but DeSantis made the whole government take out any mention of climate change in their regulations. The new national regime is going to close down NOAA/parts of EPA as they are too climate change woke. People won’t connect the dots. I always ask climate deniers: “Do you know a billion dollar industry that believes in climate change?” “The insurance companies!” 😂
@CHEZZYNIPSTERZ
@CHEZZYNIPSTERZ 2 ай бұрын
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