Best analogy I can think of for the past 30 years in FL, is someone stepped in a huge pile of dog crap and tracked it everywhere. The quality of the transplant residents is bottom of the barrel.
Live and work in Florida. Been here 30 years. Until the State properly deals with the insurance companies, I would firmly expect home sales to plummet for the next few years. If you need a mortgage? Good luck! Furthermore, with the recent political changes, especially concerning immigration and it's lack of enforcement in Florida, I expect Trump policies to dramatically affect the construction industry in Florida. Round them up is the call! I don't expect much to happen in Florida, especially for the old and unemployable, but heat and misery. I remember the roads cleared up big time for a few years after the housing crash. Everybody took off and I had a hard time finding employees. Thats what's on the way. Florida is an extremely unique and influenceable market. Climate change is NOT on Florida's side or any investor thereof.
@@geocam2 Exactly my point. Thank you. It's all tied to climate control. As long as the State of Florida officially rejects the climate control protocols major insurance companies will refuse Florida business. It's really up to DeSantis and the legislature to let the savings begin by signing the protocols.
The thunder storms are most every day from May 1st to November 1st. Florida is always in the top 3 of thunderstorms. Yes, they last about 2 hours, usually from 3-8 pm in that timeframe. They begin to form around noon and you know if it's going to be a big one or the usual around then. You have to be ready to go inside. There are days where there is just large cumulo-nimbus build-up but the rain doesn't come and sometimes, there is no rain at all with cloudy sunshine ... about 1/3rd of the time between May and November. These storms can be depressing and scary and dangerous. Grew up there, and then left to Arizona, where there are virtually no thunderstorms. The air conditioning is another huge expense living in Florida.
Air conditioning is a huge expense living in Arizona as well. I'm leaving AZ for FL. It doesn't rain ENOUGH in AZ. They're pulling water out of the aquifer to irrigate farmland in the DRY DESERT and water golf courses like there's no tomorrow. AZ is going to have a water shortage down the road from the stupidity. The asphalt roads can't take the heat and disintegrate and there's no money to repave, so they just patch them.
Excellent update, analysis and information on the latest in Real Estate trends in South Florida. Keep it up Jonathan, love your work and exemplary leadership to say the absolute least 🥇🏆
I am not one to move out of the state, bought a new home in The Villages, the entire area has a top notch flood plan using ponds and golf courses which all sit lower than the houses. The insurance is not that expensive here because of the inland decrease of hurricane damage which is usually just a few shingles.
Yeah but you bought in to the hype of the villages that will charge you fees a That will soon make up the difference and you also probably overpaid for the home
Thursday’s Fed rate cut reduced its benchmark rate to about 4.6%, down from a four-decade high of 5.3%. The Fed had kept its rate high for over a year to fight the worst inflation streak in four decades. The great news is that as inflation goes down, so will the Fed rates. It won't happen overnight, but as a benchmark, the Fed Rate was at .005% in 2020. If we get anywhere near that (even halfway) we'll see rates under 5% again.
Best analogy I can think of for the past 30 years in FL, is someone stepped in a huge pile of dog crap and tracked it everywhere. The quality of the transplant residents is bottom of the barrel.
Live and work in Florida. Been here 30 years. Until the State properly deals with the insurance companies, I would firmly expect home sales to plummet for the next few years. If you need a mortgage? Good luck!
Furthermore, with the recent political changes, especially concerning immigration and it's lack of enforcement in Florida, I expect Trump policies to dramatically affect the construction industry in Florida. Round them up is the call!
I don't expect much to happen in Florida, especially for the old and unemployable, but heat and misery.
I remember the roads cleared up big time for a few years after the housing crash. Everybody took off and I had a hard time finding employees.
Thats what's on the way. Florida is an extremely unique and influenceable market. Climate change is NOT on Florida's side or any investor thereof.
@@geocam2 Exactly my point. Thank you. It's all tied to climate control. As long as the State of Florida officially rejects the climate control protocols major insurance companies will refuse Florida business. It's really up to DeSantis and the legislature to let the savings begin by signing the protocols.
The thunder storms are most every day from May 1st to November 1st. Florida is always in the top 3 of thunderstorms. Yes, they last about 2 hours, usually from 3-8 pm in that timeframe. They begin to form around noon and you know if it's going to be a big one or the usual around then. You have to be ready to go inside. There are days where there is just large cumulo-nimbus build-up but the rain doesn't come and sometimes, there is no rain at all with cloudy sunshine ... about 1/3rd of the time between May and November. These storms can be depressing and scary and dangerous. Grew up there, and then left to Arizona, where there are virtually no thunderstorms. The air conditioning is another huge expense living in Florida.
I don't disagree
Air conditioning is a huge expense living in Arizona as well. I'm leaving AZ for FL. It doesn't rain ENOUGH in AZ. They're pulling water out of the aquifer to irrigate farmland in the DRY DESERT and water golf courses like there's no tomorrow. AZ is going to have a water shortage down the road from the stupidity. The asphalt roads can't take the heat and disintegrate and there's no money to repave, so they just patch them.
Excellent update, analysis and information on the latest in Real Estate trends in South Florida. Keep it up Jonathan, love your work and exemplary leadership to say the absolute least 🥇🏆
Appreciate you taking the time to comment! 🙏🏼
@ You’re welcome my friend. Have a successful afternoon and weekend J 👊
Brilliant video as always ! Thank you 🙏
Same to you 🫡
@@liorbrosh7127 thanks again!
I am not one to move out of the state, bought a new home in The Villages, the entire area has a top notch flood plan using ponds and golf courses which all sit lower than the houses. The insurance is not that expensive here because of the inland decrease of hurricane damage which is usually just a few shingles.
That's good to hear about the insurance costs!
And the worlds largest cases of sexually transmitted diseases 🔥
Yeah but you bought in to the hype of the villages that will charge you fees a
That will soon make up the difference and you also probably overpaid for the home
@@CraigC-h6b My fees are less than $200 a month and I certainly did not overpay!
Please! Please! Please! . . . Leave! Leave! Leave!!!
GoodBye people please leave, we didn’t want you to begin with.
Are you married to your sister?
send them all to mexico, we dont want them here either.
@@geocam2that’s literally not how it was supposed to work. down with new america.
At all. Carpetbaggers!
MF'r you don't own the state. Stfu 😂😂😂
Mortgage rates are going up tho🤔
Thursday’s Fed rate cut reduced its benchmark rate to about 4.6%, down from a four-decade high of 5.3%. The Fed had kept its rate high for over a year to fight the worst inflation streak in four decades.
The great news is that as inflation goes down, so will the Fed rates. It won't happen overnight, but as a benchmark, the Fed Rate was at .005% in 2020. If we get anywhere near that (even halfway) we'll see rates under 5% again.
Floridaa hot expensive
Fake Instagram life
Wut?
@gfg5622 lots of fake