John Wieland
John Wieland
  • Видео 144
  • Просмотров 179 301
Is this 2.5 year Delray Beach Real Estate Trend FINALLY OVER?!
Is this 2.5 year Delray Beach Real Estate Trend FINALLY OVER?!
The Delray Beach real estate market is one of the strongest in South Florida. At the same time I'm seeing a change in how the charts are looking. That's what I show in this video - how things in the Delray Beach real estate market appear to be changing...
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Ready to start the conversation about moving to Delray Beach Florida? Call/Text me at 561-777-4089. We can do a zoom call if you prefer.
If you're thinking of moving or relocating to Delray Beach or South Florida, I can help you.
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Просмотров: 361

Видео

Unlock the ULTIMATE Real Estate Investment in Downtown Delray Beach NOW!
Просмотров 282Месяц назад
Unlock the ULTIMATE Real Estate Investment in Downtown Delray Beach NOW! Downtown Delray Beach is hot real estate. Its walkability score is high. Add a property that's ready for generating rental income, or build your home... this property's location is unmatched. Not often a real estate investment like this comes along... in the heart of downtown Delray Beach. Delray City Website for NW Projec...
Experience this Downtown Delray Beach Most LOVED Yearly Tradition!
Просмотров 114Месяц назад
Experience this Downtown Delray Beach Most LOVED Yearly Tradition! Each year for Thanksgiving, downtown Delray Beach comes alive with festivities for everyone and it starts with the 5k Turkey Trot. Dress up, bring friends and have fun. WELCOME TO MY CHANNEL! If you're new, please subscribe: 👇👇👇👇👇👇👇👇👇👇 ✅ bit.ly/33u34fZ Ready to start the conversation about moving to Delray Beach Florida? Call/Te...
South Florida Condo Owners Are Panicking - Here's Why
Просмотров 8 тыс.4 месяца назад
South Florida Condo Owners Are Panicking - Here's Why The South Florida condo market is in shambles. From new government laws, to HOA policies, to special assessments, to rising inventory... the list is Long. Before you sign a contract for a South Florida condo, pay attention to the details in this informative video. Read the most current essay on the State of Florida Condos: www.floridarealtor...
Luxury Real Estate TAKEOVER in Delray Beach (2024)
Просмотров 8274 месяца назад
Luxury Real Estate TAKEOVER in Delray Beach (2024) Delray Beach continues to grow with its plentiful downtown offers and its luxury real estate market. In this video I show how one area went from mid-century to modern contemporary in less than a handful of years. The Delray Beach luxury real estate market is here to stay... see it first hand, here. WELCOME TO MY CHANNEL! If you're new, please s...
Downtown Delray Beach - NEW Restaurants You're Gonna LOVE!
Просмотров 2,8 тыс.5 месяцев назад
Downtown Delray Beach - NEW Restaurants You're Gonna LOVE! There's not just 5 new restaurants coming to downtown Delray Beach in 2024. How about a dozen. Some about to open and others will be ready for this coming high season. Regardless, downtown Delray Beach is positioning itself perhaps the most vibrant entertaining spot in all of South Florida. If you're googling places to visit for your ne...
Why you NEED a Buyer Broker Agreement (New Changes Explained)
Просмотров 1,2 тыс.5 месяцев назад
Why you NEED a Buyer Broker Agreement (New Changes Explained) The way we transact real estate changes August 17th. Now you MUST sign a Buyer Broker Agreement BEFORE shopping for homes with your agent. Its been like this in 18 states for years, and now ALL 50 states will be on the same page. It affects homes buyers, home sellers, and real estate agents across the country. The buyer broker agreem...
Delray Beach Real Estate AUGUST 2024 Market Update
Просмотров 2805 месяцев назад
Delray Beach Real Estate AUGUST 2024 Market Update Just when you read that Delray Beach real estate supply is surging, it changed direction. It's now been falling since March. At the same time, median home prices in the Delray Beach real estate market continue to rise. Confused? I simplify it all in this video, plus share a couple bonus ideas... WELCOME TO MY CHANNEL! If you're new, please subs...
The Great Home Selling Panic of 2024
Просмотров 1 тыс.6 месяцев назад
The Great Home Selling Panic of 2024 The idea of home selling is making seller scared of this market meltdown. Prices continue dropping. It's taking longer to sell. Buyers are just the opposite with so much inventory to choose from. Are you freaking out about this market? Share your thoughts below... WELCOME TO MY CHANNEL! If you're new, please subscribe: 👇👇👇👇👇👇👇👇👇👇 ✅ bit.ly/33u34fZ Get my FREE...
Delray Beach Real Estate - Your JUNE 2024 Market Update
Просмотров 3,7 тыс.6 месяцев назад
Delray Beach Real Estate - Your JUNE 2024 Market Update The Delray Beach Real Estate market is strong, yet the increased inventory is helping buyers, as sellers are lowering their prices to stay current with demand. It's a normal correction based on fundamentals. Right now Delray Beach real estate is seeing more supply, waning demand, price reductions and, well... come on inside for the rest. W...
Your Distinctive Delray Beach Florida TOWNHOME Guide
Просмотров 2426 месяцев назад
Your Distinctive Delray Beach Florida TOWNHOME Guide Delray Beach Florida is a great place to live, work and play. And if you want to be part of the action, perhaps a downtown Delray Beach Townhome is your speed. In this Delray Beach Florida TOWNHOME Guide I show, and share, a bunch of useful information I KNOW you'll enjoy. WELCOME TO MY CHANNEL! If you're new, please subscribe: 👇👇👇👇👇👇👇👇👇👇 ✅ b...
Delray Beach's SECRET FORMULA to WINNING is Yours to Enjoy
Просмотров 4657 месяцев назад
Delray Beach's SECRET FORMULA to WINNING is Yours to Enjoy It's no secret Delray Beach is becoming one of Florida's top places to visit. After all, it's won three prestigious awards - something most cities can't claim. So, in this video, I showcase Delray Beach's winning formula for you to enjoy! WELCOME TO MY CHANNEL! If you're new, please subscribe: 👇👇👇👇👇👇👇👇👇👇 ✅ bit.ly/33u34fZ If you're think...
Is Your Equity at Risk? Delray Beach Real Estate PRICE CUTS Are Here!
Просмотров 5817 месяцев назад
Is Your Equity at Risk? Delray Beach Real Estate PRICE CUTS Are Here! So, like many places in the country, the Delray Beach real estate market is changing fast. It went from a sellers to a buyers market in 2024. Then came price reductions. And now they continue as supply continues to surge. In this video I share a TON of data you need to know if you're thinking of selling your home. WELCOME TO ...
Delray Beach Real Estate - Your APRIL 2024 Market Update
Просмотров 2,7 тыс.8 месяцев назад
Delray Beach Real Estate - Your APRIL 2024 Market Update The Delray Beach Real Estate market is strong, yet has now converted from a sellers, to a buyers market. It's all in the data. And in this video I bring out a bunch of data for you to consume. It's a critical time in our market with the slowest selling months of the year now here. Watch this video from start to end to get current. WELCOME...
Delray Beach Real Estate - Your FEBRUARY 2024 Market Update
Просмотров 5 тыс.10 месяцев назад
Delray Beach Real Estate - Your FEBRUARY 2024 Market Update As we start 2024, the Delray Beach real estate market is about change. And for you homeowners considering being a seller, it's more important now than ever to get realistic with your pricing strategy. Don't become a stat in the monthly reports... instead get one step ahead of your growing competition by review the data in this video. W...
Buying a Condo is a BAD INVESTMENT Idea - 6 Reasons Why
Просмотров 2,2 тыс.11 месяцев назад
Buying a Condo is a BAD INVESTMENT Idea - 6 Reasons Why
South Florida Housing SUPPLY SURGES HIGHER - Your Time to Buy is Here
Просмотров 2,3 тыс.11 месяцев назад
South Florida Housing SUPPLY SURGES HIGHER - Your Time to Buy is Here
10 Reasons Why Delray Beach Will Have Its BEST YEAR EVER In 2024
Просмотров 2,6 тыс.Год назад
10 Reasons Why Delray Beach Will Have Its BEST YEAR EVER In 2024
The Real Reason Why Housing Supply is SURGING Higher
Просмотров 162Год назад
The Real Reason Why Housing Supply is SURGING Higher
Delray Beach Real Estate - Your December 2023 Market Update
Просмотров 1,6 тыс.Год назад
Delray Beach Real Estate - Your December 2023 Market Update
HURRY! New Construction Homes in Delray Beach are BLOWING UP
Просмотров 346Год назад
HURRY! New Construction Homes in Delray Beach are BLOWING UP
Atlantic Avenue Delray Beach - The BEST AVENUE in Florida
Просмотров 1,8 тыс.Год назад
Atlantic Avenue Delray Beach - The BEST AVENUE in Florida
Delray Beach Real Estate - Your November 2023 Market Update
Просмотров 2 тыс.Год назад
Delray Beach Real Estate - Your November 2023 Market Update
Inside This INCREDIBLE $3,400,000 Family Home in Downtown Delray Beach
Просмотров 73Год назад
Inside This INCREDIBLE $3,400,000 Family Home in Downtown Delray Beach
Your Delray Beach Real Estate Market Update - October 2023
Просмотров 1 тыс.Год назад
Your Delray Beach Real Estate Market Update - October 2023
Delray Beach - why THIS November is the Perfect Month to Sell YOUR Home
Просмотров 183Год назад
Delray Beach - why THIS November is the Perfect Month to Sell YOUR Home
Florida Real Estate will NOT be Killed By The INSURANCE DEBACLE!
Просмотров 145Год назад
Florida Real Estate will NOT be Killed By The INSURANCE DEBACLE!
Your Delray Beach Real Estate Market Update - September 2023
Просмотров 1,5 тыс.Год назад
Your Delray Beach Real Estate Market Update - September 2023
Delray Beach Florida - Your Comprehensive CONDO GUIDE
Просмотров 574Год назад
Delray Beach Florida - Your Comprehensive CONDO GUIDE
7 Reasons Delray Beach Real Estate Prices WILL NOT Crash
Просмотров 224Год назад
7 Reasons Delray Beach Real Estate Prices WILL NOT Crash

Комментарии

  • @maribelsolano6344
    @maribelsolano6344 12 дней назад

    Excellent and helpful information, John.

    • @johnmwieland
      @johnmwieland 12 дней назад

      🙌You're welcome @maribelsolano6344 - glad you enjoyed it. Keep coming back for more valuable real estate insights!

  • @Sherman1862
    @Sherman1862 14 дней назад

    What are the dimensions of your Pool and how many gallons? thank you! : )

    • @johnmwieland
      @johnmwieland 14 дней назад

      12' x 22'. I can't recall the gallons. It's on the smaller size, but is a perfect fit for our backyard. Thx @sherman1862 - appreciate you stopping by and watching!

  • @genebigs1749
    @genebigs1749 18 дней назад

    Thanks for the great info, John. I always look forward to your videos!

    • @johnmwieland
      @johnmwieland 18 дней назад

      Hey @genebigs1749 ! It's been a while and hope 2025 is starting out well for you. If you're even in Delray let's catch up. Thx for watching!

    • @genebigs1749
      @genebigs1749 18 дней назад

      @@johnmwieland Will do, John. Thanks!

  • @jb-cp4ye
    @jb-cp4ye 18 дней назад

    Would help if you pointed out older buildings, 3 stories and taller, are bringing down ALL S Florida real estate metrics. Buildings shorter then 3 stories, and houses, are not in a soft market.. Older 3+ story buildings are not selling. Cmon man, you should break down all specific data, not generalize, you know this.

    • @johnmwieland
      @johnmwieland 18 дней назад

      @jb-cp4te - Great input! I do break it down in this video ruclips.net/video/kbqgCbWAoA0/видео.html. And now with the new Florida Condo Laws in affect as of 1/1/25... I'll create an update video on this real soon. Keep a look out for that video soon! Cheers

  • @peterchirico2153
    @peterchirico2153 18 дней назад

    What is that distracting music ? in the background.

    • @johnmwieland
      @johnmwieland 18 дней назад

      Huh? I can't hear any music. Maybe I need to clean my ears.... 🙂

  • @YudithRealEstate
    @YudithRealEstate 18 дней назад

    Thank you for all the useful information about Delray, No wonder why you are Mr. Downtown Delray.

    • @johnmwieland
      @johnmwieland 18 дней назад

      No need to go outside my zone, especially when I love Delray so much! Hope you do too!🙌

  • @SOFLOPROPERTIESTV
    @SOFLOPROPERTIESTV 23 дня назад

    DELRAY IS BY FAR THE MOST OVER-RATED SOUTH FLORIDA DESTINATION, UNLESS YOU ARE OVER 55 OR PARLA CREO

  • @user-kj2iv6xr7s
    @user-kj2iv6xr7s Месяц назад

    Smart Investing Made Simple: Bitcoin as a Key to Retirement Planning 🇺🇲

    • @johnmwieland
      @johnmwieland Месяц назад

      @user-kj2iv6xr7s - that sure is ONE way. I like to think of asset allocation and position sizing. Everything can fit well into that.

    • @gmachlin
      @gmachlin Месяц назад

      I recently sold half my tech stock holdings due to all-time highs, leaving me with $400k. Should I invest in ETFs now or wait for a market correction considering potential inflation?

    • @AkaraBread
      @AkaraBread Месяц назад

      Celebrating a $30k stock portfolio today from a $6k start. Investing wisely has given me time for family and future plans.

    • @Kinstongeorge
      @Kinstongeorge Месяц назад

      James Clark's market insights have consistently led to profitable decisions.

    • @happyferet69
      @happyferet69 Месяц назад

      Sounds interesting. I was planning to invest some few £ in some coins, stack them up and leave them for a few years, but seeing this changed my mindset. Thank you very much

  • @YudithRealEstate
    @YudithRealEstate Месяц назад

    Great investment opportunity in Downtown Delray !!, thanks for keeping us informed.

    • @johnmwieland
      @johnmwieland Месяц назад

      Yes! Share it with Everyone! 👊

  • @hudsonbronner
    @hudsonbronner Месяц назад

    Unless people are convinced their lives are in imminent peril, they will never be willing to incur the tremendous costs of remediation. The Surfside Condominium collapse convinced people that costly action had to be taken NOW--not in the distant future. The financial devastation condo owners are experiencing is preferable to the fate the Surfside residents. Improving society is often the result of learning from mistakes.

    • @johnmwieland
      @johnmwieland Месяц назад

      Wake up calls like this one are a good thing in the broader picture. HOA's kicking the can down the road is poor management and no good for anyone. As a landlord, I jump on and repair anything that could end up as deferred maintenance. Costs much less to address it now than to let it fester into a much bigger issue later. Thanks for this great comment!

  • @pennysiegel639
    @pennysiegel639 Месяц назад

    Mellow Mushroom. NO longer there,

    • @johnmwieland
      @johnmwieland Месяц назад

      @pennysiegel639 that's right Penny - they closed back in early 2022 I recall. Loved their zah! Have you tried Death By Pizza? Yum. 🍕

    • @pennysiegel639
      @pennysiegel639 Месяц назад

      @@johnmwieland No, but will try. I liked that Mellow Mushroom made great vegan pizza. What a great place. Great outdoor seating.

    • @johnmwieland
      @johnmwieland Месяц назад

      @@pennysiegel639 Did you say Vegan? Well, next Spring, True Vegan is opening up on Atlantic Ave next to Sloans / Tramonte. They used to have New Vegan but Covid shut them down. I can't wait to have them back early next year. Keep an eye out. Or, stay tuned via my weekly Newsletter if you'd like mrdowntowndelray.com/weekly-eletter-2/ - Cheers!

    • @pennysiegel639
      @pennysiegel639 Месяц назад

      @@johnmwieland thanks. I remember New Vegan.

  • @YudithRealEstate
    @YudithRealEstate Месяц назад

    How fun !!! You should have run it and let somebody else film your victorious entrance to the finish lane... Epic !!! 🙃

    • @johnmwieland
      @johnmwieland Месяц назад

      @yudithrealestate - um, no. I'd end up in a hospital after the halfway mark - sad.

  • @luiscontreras4147
    @luiscontreras4147 Месяц назад

    So cool...!!! Did you actually run 5k?

    • @johnmwieland
      @johnmwieland Месяц назад

      Heck No, Luis! I'm the camera guy who gets to film all the agony and victory! 🙂

    • @luiscontreras4147
      @luiscontreras4147 Месяц назад

      @johnmwieland WAIT...!!! WHAT...??? Where is your sportsmanship..?? 😂

    • @johnmwieland
      @johnmwieland Месяц назад

      @@luiscontreras4147 um... in my camera lens? No sweat or tears in there. 🤣📸

  • @coneasy3597
    @coneasy3597 2 месяца назад

    I'm wanting to move to Ocala florida, but idk what's the best option. I want a home that's economically viable that'll gain price overtime. I checked into RVs, the maintenance would probably be a lot. I looked at HOA fees for the apartments/condos to buy and I saw as cheap as $80 a month and up to over $300 a month. I do like the amenities that'd come with the apartments/condos and it'd be cheaper and easier to maintain than a home. But the value of the home is a better investment over the long term, but this would be my primary residence. What do you recommend?

    • @johnmwieland
      @johnmwieland 2 месяца назад

      HUGE question @coneasy3579 - so let's start. Have you done a personal financial review to know what you can afford monthly i.e. mortgage + ins + HOA + Prop Taxes + maintenance...? My video was about Investing in Condos, but living in one - big difference. I don't know your age, income and more questions so recommending anything is impossible without more details. Finances + Lifestyle = good decision. One thing is sure: over time real estate goes up, but trying to time the market is not easy.

  • @bonnyd.5334
    @bonnyd.5334 2 месяца назад

    What if the condo buildings are 3 stories or lower? I'm sure these buildings have similar problems: deferred maintenance, inadequate insurance, inadequate reserves, etc. Where I live (Greater Boston, MA Area), we certainly do have condo associations that engage in these shady practices.

    • @johnmwieland
      @johnmwieland 2 месяца назад

      @bonnyd.5334 - great question Bonny. If 3-stories or less, they are not mandated by the new laws. However, it's equally important to perform due diligence as if it was 3+ stories - that's just good business. There's plenty of work to be done in the due diligence phase - that's where I come into play to ensure you're protected and make a good decision. When are you coming down?

  • @Johnsun12
    @Johnsun12 3 месяца назад

    I live in S Florida, you would be a fool to buy now. There are so many condos on the market and it’s no surprise. The market is going to crash at least 60% guaranteed

    • @johnmwieland
      @johnmwieland 3 месяца назад

      Yikes, 60%? I don't ever use the word "guaranteed." Nothing is that in this world except death. I'd buy homes as inventory in Broward & PB Counties is now up 258% since this time 2022. That's a flood of supply and not enuf demand - good negotiating season now.

  • @TashaKaysen
    @TashaKaysen 3 месяца назад

    The first home showed is my families home, which is 1/2 an acre lot with road footage. A great piece of property with plenty of beautiful gardens filled with avocados, mangoes, banana, coconut, and canistel trees as well as indigenous spice trees and many various and indigenous palm trees. Good to know we could get a good offer for it!

    • @johnmwieland
      @johnmwieland 3 месяца назад

      @TashaKaysen - that's awesome! I love all your fruit trees and food garden. Never had Canistel - is it like a sweet potato? Are you selling that property or already sold? Anything I may do to be helpful? Thanks for stopping by...

    • @TashaKaysen
      @TashaKaysen 3 месяца назад

      @@johnmwieland Hello The canistel fruit is otherwise known as egg fruit due to the “meat” having the consistency color of a hard boiled egg yoke. It is very sweet and it can be added to soups, stews, or used to make a delicious pumpkin type pie. We have discussed selling, but though the house may not be saved, the property would be a beautiful spot for a home that blends into the wonderful botanical surroundings. NOT the tasteless modern contemporary home. The hope is that it is such a hot spot for developing and desirable for people to move to Delray, we don’t get underbid. Blood, sweat, and tears went into our property, as it once was just flat and sandy with a couple of citrus and mango trees. Sadly, as we get older, we are unable to keep up with the gardens like we used to, so would Love to have someone who wants to dig in and enjoy the awesomeness of what we have planted. We may be interested in some advice/help in a possible sell.

    • @johnmwieland
      @johnmwieland 3 месяца назад

      ​@@TashaKaysen Wow, your property sound wonderful. Attending to your yard all the years I can imagine its beauty. We've been working ours for 8 years growing lots of fruit and native plant. Not as long as you, but we're getting there. We love gardening. Preserving the land is important. Well, if I can be of service, it'd be nice to see your awesomeness! I admire beautiful gardens. My cell is 561-777-4089 if you ever wish to chat. I'm a bike ride away. Thanks Tasha...

  • @jerrykatz1
    @jerrykatz1 3 месяца назад

    I can help check out my shocker of the week

  • @ProfessorOzone
    @ProfessorOzone 3 месяца назад

    FFS would you please turn down the music!

    • @johnmwieland
      @johnmwieland 3 месяца назад

      You don't like my guitar playing?

    • @ProfessorOzone
      @ProfessorOzone 3 месяца назад

      @@johnmwieland The music is fine, it's the difference in volume between talking an music. If I turn the music down, I can't hear you talking. If I turn you up, the music blows me away. Honestly, this is very common on youtube. It just means you are a real youtuber. LOL.

    • @johnmwieland
      @johnmwieland 3 месяца назад

      @@ProfessorOzone I get it, sorry about that. I made this video almost 2 years ago and I guess I was so happy about getting that shed out of our yard and the dig starting. It was an exciting time. Less volume from here on out... Cheers!

  • @XeroCool420
    @XeroCool420 3 месяца назад

    I'm one town away, I've lived here 34 years of my 40 years on this planet. If I didn't have to take care of my elderly parents now at this point, I would totally bail from here and go buy a place up in the mountains far away from everybody

    • @johnmwieland
      @johnmwieland 3 месяца назад

      I hear ya. I was raised in SoCal. Finally bailed to Costa Rica for 13 years after I couldn't take the freeway traffic and 40 million humans. Amazing, unreal, fun, challenging, enlightening time living abroad. Everyone should try it. Then came back to the states in Delray Beach. Every year it gets better here. We love Delray. Nothing like having one car, bikes, skateboards, shoes, and paddle boards to enjoy this fabulous outdoor lifestyle. Try to enjoy what we have here. It's amazing what some Nature in your life will do for you. Get outside. It's good.

  • @jcking2586
    @jcking2586 3 месяца назад

    Florida is sinking

    • @johnmwieland
      @johnmwieland 3 месяца назад

      I hear what you're saying, but not really.

  • @gsfriends5340
    @gsfriends5340 4 месяца назад

    I Haven't been there for about 10 years, was a cute place. Anyone know the Snyders?

    • @johnmwieland
      @johnmwieland 4 месяца назад

      @gsfriends5340 - I don't know the Snyders. Delray is still cute, but a bigger version, and a lot more fun! Come back down. Let's get a coffee...

  • @maximejanvier2336
    @maximejanvier2336 4 месяца назад

    i played that course, its really nice well kept and hard, tight tee shots!

    • @johnmwieland
      @johnmwieland 4 месяца назад

      did you play it recently AFTER they renovated it? I've yet to play the new version and can't wait!

    • @maximejanvier2336
      @maximejanvier2336 4 месяца назад

      @@johnmwieland probably bfore renovation in 2016, its gonna b even better then, yeah i dont blame u me too! i wanna play the new layout

    • @johnmwieland
      @johnmwieland 4 месяца назад

      @@maximejanvier2336 I believe it's a $14M golf course renovation and I hear it's fab. They switched around the 9's, too...

  • @boeing757pilot
    @boeing757pilot 4 месяца назад

    Nice! Looks good. I hope you're enjoying it! Are the walls ICF with rebar and cement over the top? Also, did you consider vinyl? I've seen some beautiful vinyl pools. Thank you!

    • @johnmwieland
      @johnmwieland 4 месяца назад

      Hello @boing757pilot (my father flew 747's) - yes ICF walls over the top. Never considered vinyl. We're still real happy with how the final product came out. Thanks for asking!

    • @boeing757pilot
      @boeing757pilot 4 месяца назад

      @johnmwieland Hi John, thanks for answering and glad you're enjoying your pool! That's great about your father. The B747 is a great airplane!

  • @PersianImm0rtal
    @PersianImm0rtal 4 месяца назад

    I want to look at houses and someone gave me an exclusive agreement that has 6% of the purchase price from the seller and it lasts 6 months. Can I tell them 1%?

    • @johnmwieland
      @johnmwieland 4 месяца назад

      As we've been trained the last 6 months, "everything is negotiable."

  • @jackwilson3121
    @jackwilson3121 4 месяца назад

    This is what happens when you don't keep up with yearly maintenance on buildings.

    • @johnmwieland
      @johnmwieland 4 месяца назад

      Yes, that's quite the understatement and so true!

  • @shanerogers9386
    @shanerogers9386 4 месяца назад

    This Ponzi scheme market has some serious cracks in it. And Delray in particular has been plundered by never seen before levels of flippers and investor hoarding everything in sight. Anyone want a 2MM house that was just $500K in 2021? There are plenty to choose from. Or how about some land that was 125K in 2023 and sold for $800K a year later. It’s hot potato from one LLC to another.

  • @garybennett2001
    @garybennett2001 4 месяца назад

    It's hard to understand why concrete structures are failing after 30 years. The Romans started concrete construction 2000 years ago and a lot are still standing. I grew up in a 3 story brick house built in 1877 and it was demolished in 1992 to expand a hospital not because it was falling down! Most homes of the same period in the neighborhood still exist and command over $600,000. I suspect that the people in these condos are as shocked as I am that the construction is so shoddy. Who would dare buy a condo when you don't know how many future assessments will come down the line in the next ten years and at what price. At least a new build with a high HOA has the potential to prevent future budget busters if managed conservatively.

    • @johnmwieland
      @johnmwieland 4 месяца назад

      I'm with y a @garybennett2001 - Somehow we could building them sustainably and toss some quality in the plans to boot. Quality real estate where most of these are warrants the best built...

    • @jbucciny
      @jbucciny 4 месяца назад

      Salt water and air.

    • @johnmwieland
      @johnmwieland 4 месяца назад

      @@jbucciny Both of those good. I'm in.

    • @Gggtoolfan
      @Gggtoolfan 3 месяца назад

      You built on sand and swamp. Are you a dummy 😂

  • @tomd5178
    @tomd5178 4 месяца назад

    So what happens to the properties that don't have adequate reserves or have the structural integrity study done by the end of the year? Are they gonna be fined by the state? Maybe banks won't lend 8n them?

  • @2023Red
    @2023Red 4 месяца назад

    The background music and sounds killed my interest in your video. I gave a thumbs up for your content but will not be back.

    • @johnmwieland
      @johnmwieland 4 месяца назад

      Thanks for stopping by and commenting @2023Red - I appreciate your time viewing it...

  • @joelmurphy4368
    @joelmurphy4368 4 месяца назад

    It is the same story over and over. It would be very interesting to hear about the impact of condos <30 years. Ie.,15-20. No one entertains these. I would expect high demand

    • @johnmwieland
      @johnmwieland 4 месяца назад

      Great idea @joelmurphy4368 - you just gave me a new idea to pursue. There are plenty of condos in this data bracket. Thanks for the idea tip! Cheers!

  • @YudithRealEstate
    @YudithRealEstate 4 месяца назад

    Omg😮 !! What a nightmare !!! Good job Mr. Downtown Delray!!

  • @kevinschlosberg7124
    @kevinschlosberg7124 4 месяца назад

    Condos in South Florida are no longer going to be for retirees on fixed incomes.

    • @johnmwieland
      @johnmwieland 4 месяца назад

      Agree with you Kevin. It's getting harder to own these now, not easier. But one day, this too will be history..

  • @markcormier3669
    @markcormier3669 4 месяца назад

    I was planning on buying a condo in Florida...no more

    • @johnmwieland
      @johnmwieland 4 месяца назад

      Good for you @markcormier3669 - being informed so we can make good business decisions is key. This is not for everyone. Cheers!

    • @johnmwieland
      @johnmwieland 3 месяца назад

      @heyletitgo I have a great Delray Beach Townhome Guide you might find useful. Here's where to get it mrdowntowndelray.com/delray-beach-distinctive-townhome-guide/ 👍👍👍

  • @paul2081ok
    @paul2081ok 4 месяца назад

    There’s going to become a condo wasteland full of empty buildings, lots and bought out buildings with no shops! 🎉😢

    • @johnmwieland
      @johnmwieland 4 месяца назад

      Sounds like some opportunities may come from this mess @paul2081ok - stay informed.

  • @Youcanthandlethetruth-n5b
    @Youcanthandlethetruth-n5b 4 месяца назад

    Step ONE needs to be to BRING THE RENTS DOWN in places like MIAMI, until there is 100% occupancy! I am SO TIRED of seeing ONE bedroom condos with rents starting with a 2 or higher! ONE BEDROOM RENTS NEED TO START WITH A ONE!

    • @johnmwieland
      @johnmwieland 4 месяца назад

      Agree with that. This rubber band is stretched to tight. Having things return to their mean would be a great thing!

  • @Bigum99
    @Bigum99 4 месяца назад

    South Florida is a mess..total...I live here and Know first hand

  • @johnmwieland
    @johnmwieland 4 месяца назад

    Florida's condo market is transitioning in a BIG way. But with tenacity, desire, focus... this too shall pass. Bumps in the happen. We slow down, analyze the situation and move forward. Key work, FORWARD. This video is about the muddy waters we're in now. But 5 years from now we'll be grateful for this moment and what it'll look like then...

  • @richfish823
    @richfish823 4 месяца назад

    Tramonti, Racks, Drift

    • @johnmwieland
      @johnmwieland 4 месяца назад

      Death By Pizza, Cebiche, The Grove...

  • @richfish823
    @richfish823 4 месяца назад

    Due to the inflated prices post-Covid and the HOA madness, I have put my search for a TH/Condo on hold. I live in NJ and will stay in hotels in DR/Boca for a portion of the 2025 winter I believe better deals will be out there in the next 2 - 3 years

    • @johnmwieland
      @johnmwieland 4 месяца назад

      Smart decision @richfish823 - patience. Let the game come to you. And if I can help you in your journey, call me at 561-777-4089. Cheers!

  • @thomasryan2679
    @thomasryan2679 4 месяца назад

    Greetings from NYC. We used to visit Florida when my parents were alive. The people there were wonderful to us, and we made lifelong friends. Maybe someday we'll purchase something there. Good luck through this crisis. People will always need places to live. In time this will pass.

    • @johnmwieland
      @johnmwieland 4 месяца назад

      I agree. It's a rough patch for now. We'll get thru it in time...

  • @dklauf
    @dklauf 4 месяца назад

    Panic, turmoil, death, flood, famine. Still gotta live somewhere.

    • @johnmwieland
      @johnmwieland 4 месяца назад

      Yes, it's nice to have options!

  • @dklauf
    @dklauf 4 месяца назад

    Condo owner. Special assessment for individual projects are the way to go. Money earmarked for a project are used for the project and on to the next project. Shit needs to be fixed. Don't be stupid.

  • @JonathanEricStaffordLLC
    @JonathanEricStaffordLLC 4 месяца назад

    The govener this month has been calling for a Special legislative session by end of year it is being teed up to deal with the assessment issue created by surfside incident… deadline will be pushed back for full reserves and no interest loans are being proposed… your post is intentionally lacking information to create fear in the market for views on your channel

    • @johnmwieland
      @johnmwieland 4 месяца назад

      Thx Jonathan! I'll be updating this with another soon as new info comes out. It's a rather dynamic situation going on..

  • @jaceware8808
    @jaceware8808 4 месяца назад

    The old buildings will be torn down and new high rises will follow. High rise condo living in Florida will only be for the wealthy. Many retirees will probably have to move out of Florida.

  • @markt.8698
    @markt.8698 4 месяца назад

    Thank You, Mr. Wieland, for revealing how awful things are in FLORIDA! Signed, A South Florida Resident.

    • @johnmwieland
      @johnmwieland 4 месяца назад

      You're welcome! It is what it is...

  • @jerseyboy1791
    @jerseyboy1791 4 месяца назад

    Old news !!

    • @johnmwieland
      @johnmwieland 4 месяца назад

      True, but not for everybody... It's a dynamic issue that's yet to be resolved.

  • @Resultsnottalk
    @Resultsnottalk 4 месяца назад

    Are there any condo buyers left? Outside of snake's developers?

    • @johnmwieland
      @johnmwieland 4 месяца назад

      Lots. For some, this isn't bothersome as they want to live out their dream to be on the beach.

  • @Resultsnottalk
    @Resultsnottalk 4 месяца назад

    Condos are done

    • @johnmwieland
      @johnmwieland 4 месяца назад

      Ya think so? Or will this, too, pass. I think it's a rough patch that we'll get thru... 🤔

  • @sutterpark
    @sutterpark 4 месяца назад

    Not true! I pay for 2 condos! One is a 1/1.5 used to be $400.00 next year will jump $880.00 Taxes used to be $2,000 now $3,500! My 2/2 started from condo fee $600.00 now $1,200. Taxes used to be $3,000 to $4,500! Plan crazy in Pembroke Pines Broward FL in a 55 year old Cougar Village

    • @johnmwieland
      @johnmwieland 4 месяца назад

      Sounds like a fun place! Great inputs. Local knowledge like that is priceless. And interesting to note. Thx @Sutterpark... ✌