Wall street investors are liquidating houses at big discounts in Florida.

[@ReventureConsulting]

4th house I've found that Blackstone is selling. What's consistent among the locations? Skyrocketing inventory. Below are the ZIP codes and associated inventory growth YoY of the Blackstone selling locations. 33545 Wesley Chapel: +87.9% inventory growth YoY 34221 Palmetto: +67.6% 33709 St. Petersburg: +70.9% 34205 Bradenton: +61.7% Seems like they're targeting high inventory growth markets with slowest rental activity. Access the data on inventory for your area to see if there's a selloff occurring on Reventure App: www.reventure.app

[@UrbanAssetProtection]

The video seems interesting. It appears they're just going to create Project-based Section 8 housing and receive market-rate rent from the government, regardless of the situation. I'll only believe it's a market crash when property taxes decrease, home prices drop nationwide, major insurance companies return to Florida, and the same trend is observed in other states.

[@LibsareTRASH]

This is clicbait trash like usual. Get a real job

[@bubbajones4522]

The formula isn't that complicated. Prices will come down to the point that the average home price and associated carrying cost equals 1/3rd the average income. The median Florida income is $67,917 /3= $22,639 or $1,886/month PITI and HOA. With current interest rates 6.9% and 20% down would require the average home price should be $285K before HOA and CDD dues. This is also assuming you have the $57K 20% down payment. This formula suggests home prices will drop another 28%.

[@TravelTechie415]

most of these homes are still overpriced %40 , too damn high

[@MHiggins]

Wait a minute. What’s driving down the Florida market isn’t just drying up buyer demand but two other factors contributing: Escalating insurance premiums Rising property taxes Rising HOA fees leading to the collapse of the condo market This isn’t a normal market downturn. Buying now in a market like Florida is crazy especially with climate and weather related issues increasing

[@PorterWunt]

I remember in 2007 when I was working in real estate seeing people buy homes new from builders with the intention of selling before close of escrow to a new buyer for profit. The crash was so brutal and fast that I remember seeing a lot of these units foreclosed on with the builder plastic still on the carpet.

[@WilliamsJoy-t7q]

Most people find it difficult to handle a fall since they are used to bull markets, but if you know where to look and how to maneuver, you can make a size-able profit. Depending on how you intend to enter and exit, yes.

[@wellsHannahh]

@@WilliamsJoy-t7q The enduring US stock market bull run evokes a mix of fear and excitement, presenting opportunities with insight, resulting in $780k gains in the past ten months, utilizing a portfolio advisor for a well-defined strategy.

[@paultrump7630]

@@wellsHannahh How do I reach out to one? my assets have been struggling since 2022 and I’ve been holding on by the skin of my teeth.

[@wellsHannahh]

@@paultrump7630 “AMY LEA KOHLERT" is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

[@paultrump7630]

@@wellsHannahh I copied her whole name and pasted it into my browser; her website appeared immediately, and her qualifications are excellent; thank you for sharing.

[@Sports4All-kw5vm]

There's no shortage of homes just overpriced houses!

[@omegamale7880]

There's only a shortage of affordable homes.

[@shanerogers9386]

There never was a shortage of homes - at all. Just scumag speculators hoarding homes and trying to get rich extorting others. People should find them and deliver some justice

[@shanerogers9386]

@@Sports4All-kw5vm careful. These comment will likely be censored by KZbin.

[@noneyun9943]

I live in a very rural area and our neighbors listed their 2019 purchased price 210k home for $360k this month! That’s crazy! Nobody in our area can afford that junk ranch home that’s $150k too high, especially when we don’t have big paying employers in this county. I had no idea because we bought our homes in 2010 and a couple others in 2015 and 2016. We bought three homes because we wanted to refurbish and do vacation rentals. Now I’m thanking god we didn’t sell them, and I don’t see buying anything else until this market crashes.

[@shanerogers9386]

@@noneyun9943 come on down to Palm beach county we’re land that was sold for 60K in 2018 and then again in 2022 for $125 then sells in 2024 for $800K Or watch a small 4 plex bought in 2021 for $760 sell for $4.2MM in 2022. Lots of these home sell, then no one moves in

[@ryan2clw]

Corporations owning single family homes should be illegal

[@The_Forever_Soldier]

Absolutely right. To fix this problem immediately, the government needs to pass a law that single family homes must be inhabited by the buyer, like they do with FHA loans. Corporations buying single family homes is becoming a dangerous national security threat.

[@thedopplereffect00]

​@@The_Forever_Soldieryou just proposed making vacation homes illegal

[@Jacob-qc8lt]

@MelchizedeckPriest for its citizens which are people...not greedy multinational corporations.

[@davidpham9353]

keep crying and nothing happens, the government backs them up, thats just a fact. instead, learn to play the way they do. Thats why I own 391 rental units in just from 2013-2020. Oh, I'm just a smart individual who learns the right way to invest.

[@kfgabriele9852]

Multi-national and Foreign companies, as well as foreign govts, owning land and property in America should be illegal.

[@robertmcgee7083]

75k isn’t enough, knock off another 200k.

[@DannyFyffe]

Now you have hit my minimum number. I thought the same thing that this house will need another 200K cut MINIMUM before it sells.

[@walkingstick6655]

Hmmm. Really? So, $212,000? I suspect that these homes are pretty shoddy, but show me any place where even the shoddiest of homes, except for up some "holler" in West Virgina, can be had for that amount?

[@DannyFyffe]

@@walkingstick6655 You really don't understand perceived value vs. real value? If not, let me know and I will break it down for you.

[@Red-n5r]

@@walkingstick6655 That mentality is what drives the market up. Go on any real estate site and see what homes sold for pre-2020 (pre-covid) and what they're selling for post-covid. In what rational world does real estate appreciate ~100-200% in that time frame? This market is an anomaly.

[@walkingstick6655]

@@DannyFyffe Oh, please educate me. All values, are in a sense, somewhat illusory. And, um, the definitions of the two are, literally, in their names. Explain to me the real value of one of these cookie cutter properties being real valued at $212,000. Frankly, actual or real value are considerable affected by perceived value, like any commodity. The real value of something can be, essentially, whatever someone will pay for it, though things, such as houses and securities, can certainly overvalued. Something being overvalued, say a given stock, can still have sold for that perceived value, which, in real dollars, is the actual price, right?

[@charleshart5563]

Jacked up all the prices and realized the local population can't afford it. F those people

[@eliot5220]

Greed is not smart. At some point it doesn’t make sense. It just shows you how dumb people are.

[@benedwards3427]

Greed for the people on the short end but speculation for the investors.

[@eliot5220]

@@AkashicSeer That doesn’t make any sense. They just got too greedy. They were trying to squeeze as much rent out of you people as they could. Now the jig is up.

[@Chirtopher-x4e]

Reminds me of the saying, "Be nice to the people on the way up because you're going to meet the same people on the way down.

[@melissasmess2773]

😂👍🏻

[@dr-ng8te]

Agreed 😮

[@tinasmith8241]

Agree!!

[@tatianastarcic]

The housing market is inflated and oversaturated with homes being on the market with astronomical price tags just stagnant for months. It is very clear that our generation will be likely one of the most devastating bubble pops in modern history. Seeking best possible ways to grow 250k into $1m+ and get a good house for retirement, I'm 54.

[@SandraDave.]

I don't think here is the place for personalized investment guidance. However, I suggest consulting with a reliable advisor like Azul to ensure appropriate retirement planning.

[@ClarkeGriffiny7]

It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.

[@Hectorkante]

I've been considering getting one, but haven't been proactive about it. Can you recommend your advisor? I could really use some assistance.

[@ClarkeGriffiny7]

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

[@ChristianKelv]

Thanks, I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get.

[@markquitoshammeritos]

That's great. I would not want to see anything else but Blackstone lose their asses on all these houses they bought. If there is anything that contributes to the terrible rise in house prices, it is a company like Blackstone that go into many neighborhoods and buy up all available houses only to rent them out. I'm still waiting for legislation that prohibits companies from buying residential properties.

[@careyfreeman5056]

Only way to do that is to figure out a way to get people to voluntarily NOT buy their houses. But, as usual, they'll get out whole while leaving the carnage for regular people.

[@stephenshuman1]

Blackstone is NOT the reason housing prices are where they are at……. It’s because of artificially low interest rates enabled by the federal reserve

[@BbCc-uf8fu]

Low Rates were not a reason for these investors to buy where were they expecting buyers or renters to come from some or another these investors developers were banking on aliens from out of space to rent or buy - we have run out of selling to foreign owners now and it’s shame that for profit we depended on foreigners 😮

[@lyndabrown3402]

@@stephenshuman1I agree. I worked in mortgage banking in early eighties when interest rates for homes were about 16% and car loans were 14%. Inflation under President Carter was high so it took several years to flog inflation.

[@ziprline]

Don't worry. This filthy corrupt democRAT govt will bail them out.

[@Jayy340]

Also another thing that’s in mentioned is how bad the quality of these new homes are, it’s ridiculously bad for 400k plus

[@lulus704]

This is so true. And I don't hear people talking about it because the surface level finishes are nice and tidy, but the bones are junk.The quality of construction keeps dropping it's insanity.

[@BekkaPoo]

All home depot fixtures and floors. $400k trash.

[@matthewallman3500]

I have a friend who bought a new home 2 years ago and everything is falling apart and she's hardly ever home and mostly eats out.

[@marksgoogle4360]

Lay offs are picking up everywhere. I would stay away from all debt possible

[@Sports4All-kw5vm]

The investors made a tremendous impact on homes back in 2021, 2022 here in Florida glad to see that Wall Street investment firms are lossing their shirts!

[@phreedomphile]

Yep, but too bad large pensions (mostly) and banks have been taking on enormous commercial real estate losses brokered by B.S.tone like the recent case in NYC where a ~$400 million loss was absorbed.

[@me-ut3ud]

Selling for a small loss means you have tax write-offs which is a positive. But nothing was mentioned about income they earned while holding. Might have broke even who knows

[@williamtiffee3799]

Then they'll soon "buy them all back" (at 20 cents on the 'fiat' dollar) as par. Wall Street "pump n' dump..." 101 ! (Aka: Buy low, sell high...) Only now the Hedge Funds (of the Big Bank/ ers) are also jacking the INSURANCE costs... to the moon, and the property taxation is also going to "implode" local to state budgets! (So THEN they can swoop- in and BUY @ 10 cents on the dollar... and 10 vs. 5X, their holdings!) It's predatory: "Dis@ster Cap, er Commu- schism!"

[@shanerogers9386]

@@phreedomphilewhere does the leadership of these companies and their families live?

[@plektosgaming]

You will see no place worse in the next 2-3 years, though, than Las Vegas. It's known for insane market bubbles and this time, there are going to be well over 100,000 properties on the market with no buyers in sight. People bought and bought thinking it would never end and so you have entire sections of the city that are rentals, 2nd homes, investment properties, B&Bs and the like that are all not actually occupied by a resident. Way worse that Florida. All that is needed is a push and the panic to start. The house of cards is already about to topple over.

[@ryan_dylan6650]

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

[@debroahmorrow5919]

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

[@leonardives1991]

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

[@Elina_H]

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

[@leonardives1991]

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

[@Elina_H]

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

[@samueladams584]

Those basic cookie cutter style cheaply built houses in Wesley Chapel are way over priced and they look horrible. No classic building styles. Ridiculous.

[@rdee7406]

Those houses are nicer than anything you’ll ever afford

[@samueladams584]

@@rdee7406 🤣🤣🤣 Sounds like they fooled you into buying a cookie cutter style home

[@bigdaddybry]

Just looked up this house on zillow. It's horrible. Cheap, cheap, cheap. Awful tiles and carpeting, terrible kitchen and cabinets, motel 6 bathroom. Cut another 200k off it

[@meriemdjouini8545]

Honestly after relocating to Florida, I am no longer interested in buying here. Thanks for being on top of this as always!

[@CroisMoi]

My dad lives in Ft. Myers. People had their houses washed away in the hurricane. If they had insurance for a hurricane, a lot of companies went broke. So the people lost everything they owned, with no insurance. It is kind of a brutal way to live. My dad lives far inland, so he was barely affected by the hurricane.

[@diosprotege9328]

Smart!

[@tonyburzio4107]

Insurance companies went broke because feral contractors worked with slimy TV lawyers to drive repair costs up 400%.

[@brianleblanc2758]

@@CroisMoi me too I am by the highway, we didnt lose power

[@ChillWill-q5x]

I spend my winters there, I am always quite happy to be heading north after a few months.

[@Wellington12-1]

I’m a pensioner and looking forward to investments like real estate any advice or tips I could use?…anyone?

[@ChiuLeess]

Hey stay informed about the real estate market trends in your area of interest. Understanding market conditions can help you make informed decisions about when and where to invest

[@Luisbarkey]

Budget Wisely i mean… Set a realistic budget for your real estate investments based on your financial capabilities and risk tolerance. Avoid overextending yourself financially to minimize potential risks.

[@paulchristian8]

Familiarize yourself with the legal aspects of real estate investments, including property laws, contracts, and tax implications.

[@TheRick11]

Consider diversifying your real estate investments to reduce risk. You can explore different types of properties such as residential or rental properties to spread your investment across various assets.

[@Ralphy-jx7ws]

Consult with Financial Advisors Before making any investment decisions, it's advisable to consult with financial advisors who specialize in real estate investments. They can provide personalized guidance based on your financial situation and goals.

[@Raymondcraw1967RaymondCrawley]

I think it's time to make it more appealing for potential buyers. Real estate can be quite the rollercoaster! the stress and uncertainty are getting to me. I think I'll cut rents to attract potential buyers and exit the market, but i'm at crossroads if to allocate the entire $680k liquidity value to my stock portfolio?

[@FaithAndrada-xo9ou]

"Overall, buyers hold a lot of the cards right now, and sellers are having to give out more concessions to close a deal." All the best, buying on sale is actually one of the best ways to invest in stocks, and advisors are ideally suited for such task

[@jameswood9772]

Until the Fed clamps down even further I think we're going to see hysteria due to rampant inflation. If you are in cross roads or need sincere advise on the best moves to take now with financial markets will be best you seek a fin-professional with fiduciary responsibilities who knows about mortgage-backed securities for proper guidance.

[@chris-pj7rk]

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

[@jameswood9772]

Her name is 'Amy Desiree Irish’. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

[@chris-pj7rk]

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

[@davidgagliardo3258]

I'm thankful to have sold my Tampa home last May when the market peaked. As soon as it sold, we hightailed it out of Florida and moved to northeast TN.

[@keha3271]

Holy Moly! Those houses are packed in there tight. Who wants to live that close to anyone?! Nothing like smelling your neighbors, their pets, and their funky cooking. Good luck finding a descent neighbor you actually like.

[@queserasera1674]

Or hearing their screaming kids.

[@07truth]

Believe you meant “decent” 🤷

[@7th_CAV_Trooper]

Most of the homes in Wesley Chapel are low end spec homes. Total garbage.

[@lauriesica]

That's funny. We are so used to living close together that it feels weird to have more land. Plus more land requires more of your time and money for up keep

[@7th_CAV_Trooper]

@@lauriesica nah, just money. You can hire the poors to maintain the land for u

[@TimeToBeKind]

By September of 2026, you better believe that houses will be back to 2013 prices.

[@louisdiedricks7110]

Not if the government prints up a quadrillion bucks. Then it'll be bye bye American Pie.

[@kelvindupera3327]

Hopefully 😢

[@blazetino5713]

Crossing my fingers 🤞

[@trailduster6bt]

We can only hope!

[@SomeUserNameBlahBlah]

No, the government will pay landlords to house illegals in those homes. We all lose, have fun.

[@J.woltz48]

I’m closing in on retirement and I'd love to move from Minnesota to a warmer climate, but home prices seems ridiculous today, do I go ahead with buying a house anyways, or look at other sectors of the market?

[@everceen]

diversification is key to good investing, consider talking to an advisor about which sectors of the market to focus your portfolio on

[@chadgriffith1969]

I agree, amid covid-19 outbreak, I simply adopted the service of a certified financial planner instead of panicking and thankfully, I'm just about 10% shy of a 7 figure portfolio after 100s of thousands invested so far, marking my highest financial milestone.

[@okaydamian]

I've worked in real estate for 25 years and have neglected a major stock portfolio. This served me well when I was flipping and renting houses, however I need a different plan now.. Mind if I look up the professional guiding you please?

[@chadgriffith1969]

I've shuffled through a few advisors in the past, but settled with Karen Lynne Chess. You'd most likely find her basic info on the internet, she's well established with over two decades of experience.

[@fromthebirchwood]

excellent share, curiously inputted Karen Lynne Chess on the web, spotted her consulting page ranked top and was able to schedule a call session. Ive seen commentaries about advisors but not one looks this phenomenal

[@Kjhgr01]

The scariest part is they were built so fast that it makes me wonder about the built quality.

[@AFAskygoddess]

I bought a 1979 build, concrete block Florida house five years ago. Sure, it needed updates, but the thing is built like a fortress and survived a dozen direct hit hurricanes just fine. I see new construction going up in my area, and I shake my head in disbelief. Wood frames with particle board. Those homes are doomed.

[@me-ut3ud]

No need to wonder, those are terrible builders to begin with

[@pctrashtalk2069]

Build mostly by immigrant labor is what I saw on my house. Also people working construction jobs out of the trunk of their car.

[@Red-n5r]

Crap, shitty. Here in SE Florida the crappiest. I don't blame insurance cos. for not wanting to be in this market.

[@Kjhgr01]

@@AFAskygoddess Yeah, I'm holding on to my 1989!

[@TigersPaw04]

Thank you! I live in Tampa area and I’ve been saying this sellers are delusional thinking where all they’ve done is put up a ceiling fan and it should sell higher then a new construction. It’s like their fingers are crossed hoping for that out state lotto ticket to hit and someone to pay over asking with a cash offer. Those days are over are with! Hopefully, good sign of the prices getting back to normal.

[@keithakola]

Nick, it's really cool to see the boots on the ground AND Zillow to back it up... I learned so much in >10 minutes

[@tonyburzio4107]

Zillow caused it, there is a bug in their software that approximates current value.

[@keithakola]

@@tonyburzio4107 Zillow is corrupt as Blackstone.

[@mikeking7582]

THIS BUBBLE IS MUCH LARGER THAN 2008

[@enthused7591]

30-35% larger roughly. And that doesn't account for the simultaneous 40%-60% increases in homeowner's insurance, water and electric bills and grocery bills as well, which is something that didn't even happen to compound the problem in 2007-2008. There was no inflation issue caused by out-of-control spending in 2007, just a bubble of 4.9X the median income for the median priced home caused by subprime loans and ARMs. Today, it's a bubble of 6.8X the median income for the median priced home caused by the government STARTING to hand out $6 trillion in "free" newly printed money at the TOP of 2019's 10-year economic peak and already-new all-time highs. People really don't understand how much worse this is. We have TWO 2008 bubbles stacked on top of each other. The only reason subprime loans and ARMs in 2005-2007 even mattered is because they CAUSED the bubble, and that unaffordability caused the crash. People get that wrong SO often. This bubble is worse, even without the ARMs. We have more subprime loans this time around, but they're disguised as good loans because people had 800 credit scores. An 800 credit score doesn't matter when 10 million people got loans for $350k on a home that cost $180k 2 years beforehand while earning $70k, and then they all lose their incomes entirely.

[@Jay12Dizzle]

Exactly . Same wages , same houses double the prices. wtf were these companies thinking. They really thought this wouldn’t end bad?

[@tonyburzio4107]

It is 2008, except the pension funds bought the property itself instead of the mortgages on the property.

[@walkingstick6655]

In Florida or the US/?I doubt that what's happening now in Floriday is anything close to the subprime mortgage disaster where armies of families were losing their homes or stuck with properties wildly under water for years.

[@jonathantaylor6926]

@@Jay12Dizzle Yeah and its the cheap houses that really went up... some homes are up 300% in 8 years... I know damn well im not making 300% more. So it stands to reason that if people are spending way more money on housing cost they have fewer dollars to spend elsewhere in the economy. There is no way restaurants, hotels, auto dealers etc don't all suffer as a result of high shelter cost. Having a roof over your head will always be the priority.

[@Evili1056]

I bought in 2011 in Florida. Blackstone isn't the only bad guy. I was given broker priced opinions that were not an accurate description of the property. I would read the bpo then go to the place. It wasn't even close. So the realtors were to blame too. They would keep me out of the property until the 30 day owner occupancy contingency expired and then sell it to their friends. One realtor stole people's credit cards in Kentucky and then was given a license in Florida. Once Florida knew they pulled her license but how did she get one? You should warn your viewers about realtors and the recent lawsuit.

[@chinyerejoseph8004]

Thank you for this video, do you offer account management or have any recommendations?

[@AnthonyAntoinetteNwaurugu]

The market consensus has been no or soft landing, which is another thing they will be massively wrong on...........I've been engaged in active trading and managed to grow a nest egg of around 14k to a decent 539k....I'm especially grateful to whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.

[@Dominic-wp4rn]

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

[@chinyerejoseph8004]

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

[@AnthonyAntoinetteNwaurugu]

It really helped trading with Adriana catherine analysis and info, even with the market in a downward trend. Definitely riding the market wave is a good perspective..

[@adrienbull-eth1]

GREAT NWES!!started working with adriana back in April , and my financial goals have been clearer. It's like having a strategic partner for my money with a solid track record.

[@delectable09-r5q]

With the Fed cutting interest rates by 50 bps, what do you think will happen to the stock market? My portfolio has performed exceptionally well this year, but I am concerned about the possibility of a market crash and losing my gains.

[@justlikeasoldier]

rate cut will create new buying opportunity, but given the current market uncertainty, have you considered consulting a financial advisor? they can provide personalized strategies to help protect your investments and maximize returns

[@beautifulpeopleonearth]

Over $6 trillion is in money markets earning high interest, but Fed rate cuts will push this money into equities. A crash/recession can be discussed after that shift. My advisor has helped me understand the market, gaining 25% this year alone under her guidance.

[@garrickphillips-x1z]

i’ve managed my investment portfolio for 3 years. initially, it performed well, but recently, it has been losing money. I need to find a way to start seeing growth again, how can i reach your advisir please?

[@beautifulpeopleonearth]

I'm cautious about giving specific recommendations since this is an online forum and everyone situation is unique, but I've worked with ''Annette Louise Connors'' for several years now and highly recommend her. Look her up to see if she meets your criteria.

[@LoriRish-]

such an eye-opener! curiously inputted Annette Louise Connors on the web and at once spotted her consulting page, she seems highly professional from her resumé

[@sarawilliam696]

Back in the day, when I purchased my first home to live-in; that was Miami in the early 1990s, first mortgages with rates of 8 to 9% and 9% to 10% were typical. People will have to accept the possibility that we won't ever return to 3%. If sellers must sell, home prices will have to decline, and lower evaluations will follow. Pretty sure I'm not alone in my chain of thoughts.

[@NicholasHarmon-ow3jl]

If anything, it'll get worse. Very soon, affordable housing will no longer be affordable. So anything anyone want to do, I will advise they do it now because the prices today will look like dips tomorrow. Until the Fed clamps down even further, I think we're going to see hysteria due to rampant inflation. You can't halfway rip the band-aid off.

[@carssimplified2195]

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

[@KaurKhangura]

I will be happy getting assistance and glad to get the help of one, but just how can one spot a reputable one?

[@brucemichelle5689.]

There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Aileen Gertrude Tippy’’ for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.

[@KaurKhangura]

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

[@DanielMassey75]

I came across your channel through this video- case studies are incredibly valuable, and I'm eager to see more in the future! Building wealth involves establishing routines, like consistently setting aside funds at regular intervals for smart investments.

[@JohnLatimer65]

You're correct. I think the smartest way to go is to spread out your investments. By putting your money into different asset classes like bonds, real estate, and stocks from other countries, you can lower the risk if one part of the market goes bad.

[@CamilaCardone66]

That sounds like a good plan. In the past two years, working closely with a financial market specialist, I've builta six-figure diversified stock portfolio. Now, I aim to diversify even more this year.

[@MrHansen_28]

Talking about a financial market specialist, do you consider anyone worthy of recommendations? I have about 10Ok to test the waters now that large cap stocks are at a discount

[@PercyMarkham8]

I operate a wide- range of Investments with help from My Financial Adviser. My advice is to get a professional who will help you, plan and enhance your management skills. For the record, working with Martha Ann Hammerton, has been an amazing experience.

[@HenryRichardson56]

Funny enough! I started my investment with $7,500, a week later, we had grown to $38,645. This woman! absolute genius

[@Esperia-ef9xh]

Blackstone selling a $100,000 home for $415,000, wow im on my way to buy it, 😂😂😂😂

[@The_Forever_Soldier]

😂😂😂

[@frankyhonnolus5528]

But they’re selling it at a loss. Get the point.

[@The_Forever_Soldier]

@@frankyhonnolus5528 Anyone buying it for more than $200 K is taking a major loss.

[@elizabethgraham8819]

My exact sentiment.

[@rdee7406]

100k? Yeah you’re never going to own with your delusional thinking good luck

[@alexsteven.m6414]

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

[@Tanner-c2m]

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

[@belobelonce35]

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

[@samuelrandy-k8x]

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

[@belobelonce35]

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

[@brantheeskimo]

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

[@yagojose6505]

Excellent video with enough proof 👏👏👏, Florida is a huge proof of how the USA market is going. My wife and I make over 100k and we bought a home in Utah for 430k paying 3100 per month it’s super not affordable

[@paalyasharahla7574]

You bought it whole or did you buy it using a down-payment? How much did you put down on the house?

[@willdehne1]

Florida home prices are volatile. We are familiar with a town 45 minutes N of Wesley Chapel. Our first exposure to this area was 2005. A nice home was $350 k to $400 K. We rented for (4) months for about (5) years. The home prices dropped to $150 k in 2011 and we bought. The previous owner build that home for $200 k to $250 k. Zillow lists that (our) home now for $350 k. Those are big changes and current prices seem high to me.

[@jackgoldman1]

My Florida house was appraised at $80,000 in 2012, now $300,000. Rents for $2,100. I just keep collecting the rents. Happy for me. Blackstone can afford to lose money, not a big deal. Commercial companies should not own single family houses. Wrong market.

[@nitroneonicman]

Hell yeah, 2012 was a great time to buy, that's when I got in. Hoping we see another market like that soon, I'm ready for it.

[@dr-ng8te]

Guess what ,builders were reducing rent for a 300000 house ,brand new for 900... One year lease in 2008...fha mtg for same house was 2100 with escrow.. so many turned in their keys....old story in Florida but real ...

[@telmnstr]

Wait till Dr Horton starts renting nice places for $1800/mo. Remember, they can rent at a loss.

[@lawrencesmith9059]

Sure you are collecting 2100 in rent per month, but after expenses, maybe you make 1000 a month, while your home price will decline 100K over the coming 2 years. So you will end up given back some of that money. Landlords need to do the calculations of how much they will lose by hanging onto properties. It is possible if we have a bad crash that the home sells for 150 in the future. When there are no buyers, there are no buyers.

[@petradjokoo2150]

A house worth 300k , cashflows 2100k a month, damn

[@fh1087]

I stepped out of the market in 2022, and now, interest rates remain significantly higher, along with skyrocketing home prices, property taxes, and insurance costs, HOA... But what about my salary? It hasn't increased at all. The housing market is still unaffordable, it's simple. In our area, house prices have more than doubled! So how am I supposed to re-enter the market and buy now? For it to be affordable for me, both prices and interest rates would need to drop below 2022 levels. People who already own homes can refinance, but that doesn’t help new buyers like me get in.

[@tmclean9]

If Nick is correct on his housing crash thesis, you will have an opportunity to buy at much lower prices in the next 12 to 24 months. I believe prices will decrease in certain submarkets by 10 to 20%, but I don't believe Nick's nationwide thesis is correct

[@CroisMoi]

Don't feel like you are missing out. Find Nick's video on buying a house vs. renting. There is NO benefit to buying. Other than your life is more stable. No financial advantage. Especially the way we are taxed on real estate.

[@fh1087]

@@CroisMoi My situation is clear; even if I wanted to, I can't buy a house.

[@fjb7380]

Same

[@walkingstick6655]

Florida, once the land of cheap living, is kaput. Unless you buy a trailer, don't carry any insurance, and pray to your god(s) that no hurricanes send your home airborne.

[@alexpavchinski]

$412K? Don't these people check nearby listings before they list? It's going to sit!

[@phreedomphile]

Check out the history. In just the two years since it was built it was sold twice. March 2022 originally sold for $324K, then sold again June 2023 for $372K. Next, listed July 30, 2024 for $410K then raised to $412K the next day on July 31st. Like a hot potato. lol (and not sustainable)

[@mysticproduce705]

Listing Underwater now ….

[@scottiswatchingtele]

@@phreedomphilethere trying to break even

[@jordanhildebrandt3705]

That townhome rental neighborhood looks wild. No people. Just... nobody.

[@missbell1634]

Ghost town

[@Poteluz]

Nope, they're just not up for rental. People are moving into the Tampa Bay area at an insane pace. You can't believe everything you see. If the next president fixes the rates the buying boom will start again and prices will increase again.

[@joe3276865536]

@@Poteluz Presidents do not fix rates.

[@brianleblanc2758]

@@Poteluz lol potus doesnt fix rates. rates should be where they are at. lower rates means more corporations will buy more housing

[@Lexxie45]

If that place was almost anywhere else in this country, it would fill up with illegals in no time. On your tax money.

[@vegasprogambler5336]

you are the FIRST person to actually post REAL losses by owners. WELL DONE.

[@MikelAntonio-n6y]

Amazing content! I have been following your videos for sometime now, consistently kicking down Wall Street doors for two years now, I have over $320k in stocks. Currently, my portfolio is down by 15%. Wondering if they're any short term opportunities I can invest in.

[@MeganGood-n4f]

I agree that there are strategies that could be put in place for solid gains regardless of economy or market condition, but such executions are usually carried out by investment experts or advisors with experience. Reason I decided to work closely with an brokerage-adviser ever since the market got really tensed and the pressure became so much(I should be retiring in 17months) so I've had an brokerage-adviser guide me through the chaos, its been 9months and counting and I've made approx. 650K net from all of my holdings.

[@MikelAntonio-n6y]

Glad to have stumbled on this comment, Please who is the consultant that assist you and if you don't mind, how do I get in touch with them?

[@MeganGood-n4f]

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

[@MikelAntonio-n6y]

He appears to be well-educated and well-read. I ran an online search on his name and came across his website; thank you for sharing

[@Jenjenn1111]

I don’t hear Republicans or Democrats talking about this issue of corporations buying up single family homes.

[@rubyt4762]

Robert F Kennedy Jr mentioned it a lot, wish others would too

[@billc6762]

San Francisco commercial RE price went down 80%. If Blackstone doesn't slash price by 50%, it is not a good deal.

[@HighDefinitionVideo]

The funds were buying bigly since 2012. They aren’t losing anything. They had a massive insider deal with the banks buying in bulk at discount.

[@orlandollajas2906]

They were getting 1% rate when everyone else was getting 2.5-3 . 😊

[@user-stAy_outta_mybiz]

as usual and bigger bail out

[@HighDefinitionVideo]

@@orlandollajas2906 close to zero with and Pennie’s on the dollar of replacement value. I remember very well seeing an ocean of foreclosure signs disease OVERNIGHT. Absolutely amazing orchestration exposing what can only be described as monopoly power

[@chrishardin7183]

Maybe Blackstone is purposely tanking that neighborhood so that it can swoop in and buy cheap later...

[@marksgoogle4360]

taking a loss now to do that? Its all going down

[@08turboSS]

Exactly correct. Turning it all into rentals. You all in FL need to get your govenator off ass and make it illegal for big firms to buy

[@sultanmia3027]

Avec le trading, les compétences en analyse technique ne suffisent pas à elles seules ; la discipline et la maturité émotionnelle sont également cruciales pour réussir. Le dicton « le temps passé sur le marché contre le timing du marché » est un bon état d'esprit à avoir pendant les fluctuations du marché. Grâce aux idées de Martin Davis, aux signaux de trading quotidiens et à mon dévouement à l'apprentissage, j'ai augmenté mes revenus quotidiens. Continue comme ça !

[@dylanfoster-ol7zj]

C'est intéressant. J'ai beaucoup entendu parler de la même personne il n'y a pas longtemps, s'il vous plaît, comment puis-je le contacter ?

[@sultanmia3027]

Il est sur Telegram;[[

[@sultanmia3027]

@MartinDtrader✊

[@dylanfoster-ol7zj]

Merci pour l'info... Je le contacterai dès que possible. Je veux aussi acquérir de bonnes connaissances et arrêter de perdre.

[@kamalpasha6111]

Wow. Je suis un peu perplexe de le voir mentionné ici aussi. Je ne savais pas qu'il avait été bon pour tant de personnes aussi, c'est merveilleux, j'en suis à ma cinquième transaction avec lui et c'était super.

[@joemama-tn7zl]

I was in that area in 2022 people were standing in line at the sales office . I kept telling myself I saw the same thing in Las Vegas 2004 and how did that turn out. So Im still renting and waiting in the high weeds to pounce on the up coming deals.

[@dbrew2u]

The problem for Investors in Florida is owning a Home there has gotten extremely expensive , especially Insurance . And more troubling for Investors is that you can only squeeze people for so much money for Rent till no one can afford it .

[@Abinetdarge]

I'm favoured, $22K every week! I can now give back to the locals in my community and also support God's work and the church. God bless America,,

[@najaatudauda5804]

Investing $15,000 and received $174,000

[@eggressdh]

Same, I met Mrs Maria Daviz last year for the first time at a conference in Manchester, after then my family changed for good. God bless Mrs Maria

[@Emijjjt]

YES!!! That's exactly her name (Mrs Maria d) so many people have recommended highly about her and am just starting with her 😊 from United States

[@Bereerj]

Please who is Mrs Maria

[@Bereerj]

Please who is this This sounds so good andI would like to be a party to this, is there any wayl can speak with her?

[@JonSmith531]

Nick, do you think these institutions might be manipulating the market to pull down neighborhood house prices and then scoop them up on the cheap?

[@PaulyC11373]

Selling at a loss so they themselves can buy it cheaper afterwards? LOL 😂.

[@JonSmith531]

​​​@@PaulyC11373It's called market spoofing. They lower the ask to push down the asking prices of houses selling around this one then buy them low. Even if an institution actually sells a few to pull down the comps it could still work and be profitable. Sell one to pull down an entire neighborhood then buy 10 below market.

[@CaseyKoplinCk13]

Yes. Exactly what i also realized.

[@CaseyKoplinCk13]

​@@PaulyC11373not the same house by selling a few at a loss to then buy neighboring houses for cheaper.

[@keysautorepair6038]

@@PaulyC11373Just because something is for sale doesn’t mean they have to sell it!

[@Donalddavies-gc9rb]

I’m a new dad, I moved from Tampa to Santa Clara a few years ago and I’m thinking of purchasing a single family home there, but with real estate prices currently through the roof, is it still a good idea to buy a home or should I invest in stocks for now and just wait for a housing market correction? Looks like NVDA, TSM and AMD and AVGO are strong buys this week.

[@karenwilliams9653]

it’s a personal decision, but according to Forbes, housing activities will remain stagnant for the most part of the year, so maybe hold off a little.

[@TonyRiley-qb7sw]

well you could put a downpayment on a home and as well diversify as much as you can into Ai, energy and big pharm. stocks like Pfizer and JnJ, ASML, MLM and S&P 500 ETFs.

[@AnnaWoods-rm7cf]

Certain ai companies are rumoured to be overvalued and might cause a market correction, I’d suggest you go with a managed portfolio, but even those don’t perform so well, so it’s best you reach out to a proper fiduciary to guide you, that’s what works for my spouse and I making a whooping $738k in Q4 last year.

[@Donalddavies-gc9rb]

I'm an art collector, this is not very new to me but has a nuance to it. Can you assist me? how do I find a fduciary

[@AnnaWoods-rm7cf]

Monica Mary Strigle, you'll be in luck at this time of year to have a conversation. lady is hot topic in downtown manhattan and you must not be and accredited investor. Just browse.

[@bigb6046]

You know if the property market collapses like in 2008 the Blacktones and Blackrocks of the world will go running to the Federal Government and asking for a bailout because they are "too big to fail" , I hope they don't get bailed out because this is what enables them to do this. No one is too big to fail while the rest of us are too small to save!

[@tinasmith8241]

They are owned by the government, and will buy up all the foreclosures like they did in 2008, especially in Vegas (40,000 foreclosures never hit the market as the banks sold to these investors).

[@Kjhgr01]

It's all part of the plan!

[@Russ15076]

I just saw that exact house for sale on Zillow yesterday. I cannot believe he chose that house to use as an example today. in my opinion, Its worth 275K

[@المهديخاتلبالمجاري]

What is the address?

[@BulentKizilaslan]

Financial education is what we need right now for more than 70% of the society in the country as very few are literate on the subject. Thanks to Stacey Macken, the woman that changed my financial life.

[@RhonddaTkp]

Honestly, I'm surprised that this mrs Stacey Macken is mentioned here, came across a testimony about her from one of the beneficiaries on the CNBC news, she seems to be doing extremely well .

[@domenez]

That woman has changed my life for good. I attended her investment class couple of weeks and she's the best when it comes for guidance

[@WelseyWalker]

She understands every beginner's intention and fix you to a trading course that matches your capacity, she knows her stuff! Her advice has been invaluable to my trading journey. Definitely worth giving a shot

[@adamalker71]

I agree with you.I was 35 when I finally educated myself and started taking steps. I went from $176,000 in debt with zero savings or retirement to now, 2 years later, fully debt-free and over $1000,000 net worth. I know that doesn't SOUND like a lot, but I'm incredibly proud of it. Now I'm fast-tracking my wealth building (investing $400,000 annually) and don't owe a dime to anyone. It's a good feeling!

[@aniniels-hw5iv]

Stacey Macken guided me through budgeting, highlighting areas where I could optimize spending and increase savings. She also provided insights into smart investments to grow my wealth over time, ensuring financial stability even with the higher income

[@Joeainthere73]

If I ran Blackstone I would sell a bunch of houses for a huge loss leading into rate cut time. Then I would create an artificial bottom and moms and pops would then sell low due to the comps having the Blackstone dumping mixed in. Then I'd buy up everything again at the bottom and end up holding even more SFHs. The $80k loss on a dozen homes is negating huge rent income.

[@Ezq95]

I bought my 1954 home 3 bedroom 1 bathroom 1200sqf for $59,500. 4 miles west of downtown Tampa. Kennedy Blvd and Dale Mabry hwy. Now the empty lots are selling for way over 500k. I don't understand. My neighborhood is being replaced with new houses and I am feeling the pressure from contractors wanting to get rid off us to build a new house here. Why would I want to move when our taxes are $875. a year. Our home insurance have gone up to $3000.a year. Old house prices over $5000,000. It's crazy. Over price every where in South Tampa

[@murraymacneill2545]

Is Blackstone posting a fire in price. sale on one home just to force other homes to drop dramatically in price. Could it be that they are posting one home for sale through one of their holdings and picking up the others by way of another holding? Could they be diminishing the market for their own purpose?

[@petegurdal1844]

A very big problem for builders. I love it!

[@ibdam1]

The sad part of the business Blackstone is doing, it’s our money. Blackstone invest funds from public, private and institutional investors. Blackstone doesn’t use their own funds. The loss on those homes means market loss for the rest of us.

[@eemapalmer530]

Thank you for great reporting. Attom Data reports over 170 thousand pending foreclosures in the US. I wonder what will happen to these properties.

[@kmac2789]

Imagine paying 400k for a home and having a Karen from the HOA telling you how to enjoy it.

[@billrichards8931]

I love your videos. I’ve observed from many years of experience that no matter how week the housing market is there is always a certain percentage of distress sales. That is, people who have to sell for some reason - death, divorce, bankruptcy, etc. In a week market, that percentage of distress sales has a disproportionate impact on home values.

[@wallye8713]

There going to dump homes that are not making money and have high maintenance costs. Expect McMansions to be sold first. The good 3/1 starter homes they will hold on to that have good ROI as rentals.

[@carnivalgods4573]

Excellent research in that neighborhood.

[@Miami543210]

Wow. Look at all the lack of beautiful tall trees. No attractive palm trees. Literally no vegetation. This must be an HOA.

[@twhelostl61]

I hate to tell you. No one is coming to the rescue this time. A home is worth what someone can borrow to buy it. Everyone has too much debt as it is.

[@mandyyonge]

I think investors should always put their cash to work, especially In 2024, we'll start to see more market diversification. I'm hoping to invest about $350k of my savings in stocks against next year. Hope to make millions in 2024.,..

[@Cynthia-mm1cv]

Since risk is at an all-time high right now, perhaps you should be a little more patient and return when it has decreased. Alternatively, you can consult a trained financial expert for strategy.

[@TommyChong677]

Yes true, I have been in touch with a brokerage Advisor. With an initial starting reserve of $80k, my advisor chooses the entry and exit commands for my portfolio, which has grown to approximately $550k.

[@tinsleyLuna]

I’ve been looking to switch to an advisor for a while now. Any help pointing me to who your advisor is

[@TommyChong677]

I have a female advisor named Camilla Marie Fuller. I recommend researching her. To be very honest, I'm glad I decided to let someone handle expanding my finances even though I almost didn't think I should.

[@tinsleyLuna]

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

[@hollymolly28]

I’m 53 and have about $225k liquid in savings which I plan to put towards becoming a homeowner, but based on the current high prices on real estate, do you suggest I hold from buying and look at dividend paying stocks instead?

[@KaitlynDeve]

after studying the trajectory of great assets like real estate, dividend paying stocks and gold, my conclusion is to buy and invest in what you can afford today! working with a financial advisor can certainly help

[@arlenehill4ril]

Agreed, I'm in line with having an advisor oversee my day-to-day investing, cos my job doesn't permit me the time to analyze stocks myself. Thankfully, my portfolio is well diversified and has just 5X in 5 years, summing up nearly $1m as of today.

[@J.woltz48]

@@arlenehill4ril I've worked in real estate for over 25 years and have neglected a major stock portfolio, however I need a different plan now.. mind if I look up the professional guiding you please?

[@arlenehill4ril]

Personally, I take guidance from a well spoken advisor ''Karen Lynne Chess'' she's quite known in her field of work with over two decades of experience.

[@J.woltz48]

@@arlenehill4ril thanks for sharing! just inputted her full name on the internet, spotted her consulting page ranked top and was able to schedule a call session. Ive seen commentaries about advisors but not one looks this phenomenal

[@merendell]

Good. I was just about in a position to get my own place a couple years ago when covid sent everything topsy turvy. Prices went nuts and I decided I wasn't going to pay that price. I've been stacking cash ever since waiting for the inevitable crash. I saw what was going on. Prices were going up cause of all the big companies buying up inventory on speculation. I knew they couldn't keep that going forever.

[@evaswritingvault3066]

I live in Wesley Chapel! Rents have been dropping. Keeping my fingers crossed 🤞🏽

[@AcmePotatoPackingPocatello]

I built my house as the USA went into a double dip, 1981 thru 84 downturn. Houses, on land, prices plunged 60% . Ya. 2008 was a another washout... Good luck...because investment funds have really screwed up the market, and additionally COVID19.....very overvalued.

[@watch9604]

Imagine going to check the mail and he’s out there frying you for losing thousands on your house 😂😂😂😂

[@benedwards3427]

I'm glad I was in an extremely undervalued market. The families and individuals in my area can actually blame only themselves.

[@kennethmargulies8663]

Very cool trends, especially since I may move to Florida in a few years. Your text regarding a ‘change in values’ that pops up during the video has a typo that misspells change. So, over all you get a 9/10. 😊

[@sarahross]

This is quality content. I wish the members only videos were like these too but they're more like ads for Reventure app.

[@TuranZeynalliArmWrestling]

Why are you paying for membership then ?😂

[@23drcharles]

Excellent analysis. The sad reality is that these homes will be held for the next 10 years. The new home sales will eclipse the resale market.

[@chriswb7]

The bottom is that people just don’t have the money. The Millennial generation will have the best real estate buying opportunity in 50 years.

[@jeffforbess6802]

Corporations are NOT citizens, and should NOT enjoy the same rights. These are PERSONAL single-family dwellings, not COMMERCIAL real estate.

[@Quilt4Joy]

Good point!

[@OscarOwenn]

This year is even worse than the last. Last year, I lost a lot of money on bad investments that I never would have made if I hadn't been so worried about my portfolio. I didn't know if I should continue to invest or pay my mortgage off. After selling my investments, I discovered that the house needed more work than I thought it would. I don't know how long I can keep doing this.

[@AlexClarkcompany]

We have all made mistakes, therefore keep it simple.

[@LouisMorganxb3]

Invest in businesses that have predictable cash flows to diversify your holdings. In the ten months after I hired a planner to assist me build my portfolio at the end of 2023, I have made money in over 500 different markets. If 2023 teaches us anything, it's that good luck never lasts. We should work harder to be ready for the worst case scenario even in good times

[@BaileyJames-zv2ddd]

so where can someone locate a reliable financial planner? It won't be a problem for me to find the professional who helped you. I'll be retiring in two years, and I might require assistance with handling my far more valuable assets. I'm not willing to take any risk

[@LouisMorganxb3]

June Renae Matthysse

[@LouisMorganxb3]

You are likely to find more information if you look her up online.

[@paulkish007]

Blackstone inflated housing costs (property taxes higher) and are now deflating housing costs?

[@fjorinarazani1170]

What the video doesn’t disclose is that the second ghost neighborhood is empty because they’re not finished building yet. I live around the corner and those townhomes get filled as soon as they’re ready. I do think his first point is valid and the market overall is somewhat overpriced.

[@jonathanxxxx876]

Just sold a property in Texas and I'm thinking to put the cash in stocks, I know everyone is saying its ripe enough, but Is this a good time to buy stocks? How long until a full recovery? How are other people in the same market raking in over $200k gains with months, I'm really just confused at this point.

[@AliceHh_]

Yes, a good number of folks are raking in huge 6 figure gains in this downtrend, but such strategies are mostly successfully executed by folks with in depth market knowledge

[@Blitcliffe]

true, despite having no prior investing knowledge, I started investing before the pandemic and pulled in a profit of approximately 950k that same year. In reality, all I was doing was getting professional advice.

[@wellsHannahh]

That's a great tip. I'm setting out 50k to invest in the market this year. Any particularly useful tips you could offer to me?

[@Blitcliffe]

I have worked with a few financial advisors before now but i ultimately settled for Sonia Nunes Demelo. She is SEC regulated and licensed in US. You can easily look her up

[@c.o.l.ek500]

I just googled Sonia Nunes Demelo now and I'm really impressed with her credentials. I reached out to her since I need all the assistance I can get.

[@meglukes]

Holy crap, I’m looking to move to wesley chapel in about a month, renting a single family house. I thought rent prices were starting to go down, looks like it wasn’t just in my head

[@alexzivkovic6175]

Those track builders destroyed a market in America.

[@2SHARP4UIQ150]

This problem was created by corporate investors. It is absolutely absurd that they own over 100,000 properties in Florida alone. We cannot ignore the fact that this corporation has sold properties at exorbitant prices, raking in insane profits.

[@JulianBarnes-dd2iq]

Personally, I think investors will start to seek more market diversification. can i confidently invest about $350k into the financial markets in 2024? I'm still not sure how rates will effect the market just yet, which worries me a lot.

[@selenajack2036]

I think investors who are wary of changing market trends should seek out bear market directions from certified strategists/planners. Safer that way

[@hushbash2989]

No doubt, having the right plan is invaluable, my portfolio is well-matched for every season of the market and recently hit 100% rise from early last year. I and my CFP are working on a 7 figure ballpark goal, tho this could take till Q1 2025.

[@cloudyblaze7916]

Being heavily liquid, I'd rather not reinvent the wheel. Since this strategy works for you, how can I contact your advisor?

[@hushbash2989]

Marisol Cordova is the licensed advisor I use. Just research the name. You’d find necessary details to work with to set up an appointment.

[@kaylawood9053]

I appreciate this share. I set up a call with her and I am keen on getting to talk to her particularly. Lady looks really great though even with the exams and other stuff.

[@mattanderson6672]

Good show!! Fantastic analysis Loved listening to this discussion! Thank you Sir

[@RaymondKeen.]

Back in the day, when I purchased my first home to live-in; that was Miami in the early 1990s, first mortgages with rates of 8 to 9% and 9% to 10% were typical. People will have to accept the possibility that we won't ever return to 3%. If sellers must sell, home prices will have to decline, and lower evaluations will follow. Pretty sure I'm not alone in my chain of thoughts.

[@SandraDave.]

If anything, it'll get worse. Very soon, affordable housing will no longer be affordable. So anything anyone want to do, I will advise they do it now because the prices today will look like dips tomorrow. Until the Fed clamps down even further, I think we're going to see hysteria due to rampant inflation. You can't halfway rip the band-aid off.

[@ClarkeGriffiny7]

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

[@BellamyGriffin19]

I will be happy getting assistance and glad to get the help of one, but just how can one spot a reputable one?

[@ClarkeGriffiny7]

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 ‘’Sophia Maurine Lanting” for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.

[@ChristianKelv]

I am on her website doing my due diligence. She seems proficient. I wrote her an email and scheduled a phone call. Thanks for sharing

[@timothylarson4587]

Im in St Petersburg, fl. There is a lot of stubborn owners still asking $2.00 sq ft to $2,50 a sq ft. putting rents around $2000 to$3000. Even in undesirable area. A house like that townhouse, $2.50 ft. around $3000 to $3500 a month for those townhouse probably. But it's easy to find $2.50 a sq ft here. The prices pre pandemic,, around $1.00 to $1.60 sq ft. Prices still have a long way to go.

[@petewilcox3354]

after the housing crisis years ago, why the hell are we still allowing greedy investment firms to play with the housing market? wont even go into how unfair if it is for a family trying to buy ONE home, to ya know, actually reside in.

[@The_Forever_Soldier]

Well said. These investment firms are doing it because the US housing market is the largest asset class in the United States, and these firms have already plundered the rest of the different markets. They are just sucking the lifeblood out of all of America now by doing this, like a Salem's Lot movie.

[@user-pl3lo8cc8y]

such a great question- and the politicians never talk about it

[@jimkelly4214]

​@@user-pl3lo8cc8yBecause they are taking kick backs from the investment firms. Don't you just love how our elected representatives look out for us.

[@pmscalisi]

@@user-pl3lo8cc8ybecause they’re in on it!

[@gregorylyon1004]

Blackstone is willing to sell that house at a $75 thousand dollar loss because they purchased the house with pension fund investment money. LOL. So it was not their capital in the first place. It was pension fund money for people's retirements. LOL

[@kiyoshitakeda452]

It's called the "free market". Now the reality. Let it come and more to it.

[@tonyburzio4107]

Free? Hardly, the Congress really blew this one. They didn't understand 2008 so it happened again. Never was the banks, it was the big retirement companies.

[@lisag36]

This is all 100% correct. I live in Wesley Chapel and even the builders are slashing prices. Current home owners are asking 60-70k more for thier used house than builders are charging for new homes. Big price corrections are coming and it's about time.

[@588holly]

I have zero sympathy for wallstreet real estate price gougers. Make that loss bigger.

[@philipkingrey535]

Good info as usual Nick!

[@_morgoth_]

Blackstone can just slowly sell a certain percentage of their inventory and continue to force prices down, then when prices have crashed low enough, buy up all the houses on the market again and push prices back up and own even more than before.

[@moneymanfernando1594]

Screw Blackstone and all those other hedge funds, private equity funds, and corporations.

[@tl8087]

Have you ever encountered any dirty looks while walking and pointing at the neighborhood while saying their houses' value are going to drop?

[@missbell1634]

I was wondering the same thing

[@Cedartreetechnologies]

Might be more than looks, if not careful.

[@dr-ng8te]

Aww most Floridians are vaping and high believing,they are immune to reality...not knowing that contractor will squeeze out a profit as they build 900;1000, sg ft. For 120000 ?or less ...lumber is falling ...we ain't seen nothing yet , good video 👍

[@robertmcgee7083]

If big investment firms want rentals, they should be forced to build them, or only buy large pre existing apartment complexes.

[@steveincali1]

Wish that would happen in Humboldt County, CA. Prices are out of control for what the median income is. Locals can't afford rent, much less a crazy big mortgage.

[@chrisoliver515]

In north west Cape Coral, the new homes being built are off the charts, all 3-2 and 4-3

[@tonyburzio4107]

It's like a field of gophers, so many new homes. Two reasons, it's outside the city sewer and all the houses are up on septic pads, that extra 8' really stops flooding.