This will be a great Buyers market . Currently Cape Coral is up to about 5500 active Listings on Zillow. Prices are 50% to high. Market is going to crash despite even if the interest rates come down. So if you’re listing your home . List the home with 2020 or before prices . Sell before the market is worse than 2008. It’s coming. Lots of opportunities for new buyers. If you need to sell a home or AirBNB take your loss early and be happy later . Cause it is coming Recession etc Great time coming. Unless you’re selling. Good to Buy after June of this year. Offer 30% less
Stop looking at Zillow, Thats why or consumer is miss informed, The inventory in Cape Coral is at 2695 for single-family and 387 for all condos townhomes and manufactured homes, with a grand total of 3084 units sorry subscribe to the channel to get the most honest and accurate information Thank you for commenting
Do you know how much money those Airbnbs bring to Cape Coral? You have cleaners, handyman, pool companies, etc etc then all the restaurants the people go to and the activities they do from boating to fishing..all that brings jobs to tourist dependent economy like Cape Coral.
I respect that Cape Coral was built around this VACATION RENTALS but I personally wouldn't want to live close to one because Frequent Turnover of Guests: Constant change in occupants can lead to a lack of community feeling and make it hard to know who is coming and going in the neighborhood. Noise and Disturbance: Short-term renters may be on vacation mode and more likely to be noisy, especially at night, which can disturb the peace of a residential area. Safety Concerns: With different strangers frequently staying, there can be concerns about safety and security in the neighborhood. Parking Issues: Airbnb guests might take up limited street parking spaces, causing inconvenience for permanent residents. Property Maintenance: Some Airbnb properties may not be well-maintained, leading to a decline in neighborhood aesthetics and potentially lowering property values. Violation of Community Rules: In some areas, short-term renters might unknowingly break community or homeowners' association rules, leading to tension. Trash and Littering: Increased trash or improper disposal by short-term renters can be an issue, especially in areas without adequate waste management for transient populations. Impact on Local Housing Market: The presence of many Airbnb properties can drive up rental prices, making it difficult for long-term residents to find affordable housing. Lack of Accountability: Airbnb guests often don’t have the same investment in the community as long-term residents, leading to a lack of accountability for their actions. Loss of Neighborhood Character: An influx of short-term rentals can transform a residential neighborhood into a more transient, less community-oriented environment, potentially eroding the unique character of the area. These reasons highlight the potential downsides of living next to an Airbnb property from the perspective of permanent residents. The impact can vary widely depending on how the property is managed and the nature of the neighborhood.
@@YourPoolHomeRealtor I get your concerns around lack of community, that’s a valid point. However, I disagree with it driving rental prices up, the homes that are short term rentals never would have been built if the people buying them didn’t intend to rent them out seasonally and enjoy them for themselves part of the year. Many people have second homes there and don’t even rent them out for short term rentals…it’s their house they can do what they want. I know all the neighbors around my rentals, across the street, even down the street and on both sides of the house. As a short term rental operator, I want to show off Cape Coral and bring more people there so they can see how great of a place it truly is! I have cameras(outside) ,noise monitor, and smart locks, so that I can ensure my guests are not being a nuisance to the community. I don’t allow stays less than 7 days, most of my guests stay for 2-3 weeks. These folks come to Cape Coral, go out to dinner, take boat rides with my captain friend, and go to attractions nearby. I also hire a local lady that does QA checks for me as well. I think the concerns you have are with bad operators. The ones that do 1 night bookings, don’t check on the property and are not invested with the community.
FYI who ever you’re following don’t know what they talking about, you should be following me! Lolololol. listing in Lee county are 8210 single family homes, condos, villas, townhomes and manufactured ‘’homes’’ and sales 1261 8210/1261 =6.5 months of supply’s 🤷🏻♂️ This is Lee county
Market is going to Crash! Get ready for it. 2008 is coming all over again. Little jobs. Economy is screwed. If you can pay you mortgage and have a job still then you are doing well, but there are a lot of people Hurting right now. No new jobs and high prices for everything including food. So get ready if your a cash buyer to take advantage of realestate deal like you have never seen before on Commercial as well as residential properties. Realestate is better then investing in Gold and yes it will always rebound.Sorry to say but the foreclosure market is coming in 2024 in a big way. Rentals will be a good investment.
It's important to approach predictions about the housing market cautiously, as it can be influenced by various factors, and predicting exact outcomes is challenging. While some experts may believe that the housing market won't experience a crash similar to the one in 2008, there is no certainty in financial markets. I do believe we'll see prices tanking into the 2018, and 2019 value. Economic conditions can change, and market trends can shift unpredictably. It's true that the housing market can experience fluctuations, and prices may go up or down. However, it's difficult to accurately predict whether the market will mirror the events of 2008 or if it will follow a different path. It's advisable to stay informed about the housing market, monitor economic indicators, and make financial decisions based on your own circumstances and risk tolerance. Real estate can be a good investment, but it's crucial to conduct thorough research and consider various factors before making any decisions. Additionally, being prepared for economic uncertainties, such as having job security and manageable mortgage payments, is always a wise approach.
2008 crash will not happen it was a whole different set of circumstances…. A lot of fraud and real estate agents paying off appraisers to inflate prices
Welcome back! Happy Thanksgiving! dont forget to like, share and subscribe!
Finally someone who speaks truth :)
Honesty my friend!
No one buys houses in the winter, we will s3 in the spring how sales will come in
Thank you, very informative!
I heard pool homes between 350 to 450 aren’t selling …
the piano music is distracting.
Ppl can complain about taxes …they haven’t lived in other states
How do I look up the market insights like you ?
Are you an agent or a consumer?
@@YourPoolHomeRealtor consumer
I am thankful I had you help me sell in the Cape when I did in May (June close) this year.
This will be a great Buyers market . Currently Cape Coral is up to about 5500 active
Listings on Zillow. Prices are 50% to high. Market is going to crash despite even if the interest rates come down. So if you’re listing your home . List the home with 2020 or before prices . Sell before the market is worse than 2008. It’s coming. Lots of opportunities for new buyers. If you need to sell a home or AirBNB take your loss early and be happy later . Cause it is coming Recession etc
Great time coming. Unless you’re selling.
Good to Buy after June of this year. Offer 30% less
Stop looking at Zillow, Thats why or consumer is miss informed, The inventory in Cape Coral is at 2695 for single-family and 387 for all condos townhomes and manufactured homes, with a grand total of 3084 units sorry subscribe to the channel to get the most honest and accurate information Thank you for commenting
Do you know how much money those Airbnbs bring to Cape Coral? You have cleaners, handyman, pool companies, etc etc then all the restaurants the people go to and the activities they do from boating to fishing..all that brings jobs to tourist dependent economy like Cape Coral.
I respect that Cape Coral was built around this VACATION RENTALS but I personally wouldn't want to live close to one because Frequent Turnover of Guests: Constant change in occupants can lead to a lack of community feeling and make it hard to know who is coming and going in the neighborhood.
Noise and Disturbance: Short-term renters may be on vacation mode and more likely to be noisy, especially at night, which can disturb the peace of a residential area.
Safety Concerns: With different strangers frequently staying, there can be concerns about safety and security in the neighborhood.
Parking Issues: Airbnb guests might take up limited street parking spaces, causing inconvenience for permanent residents.
Property Maintenance: Some Airbnb properties may not be well-maintained, leading to a decline in neighborhood aesthetics and potentially lowering property values.
Violation of Community Rules: In some areas, short-term renters might unknowingly break community or homeowners' association rules, leading to tension.
Trash and Littering: Increased trash or improper disposal by short-term renters can be an issue, especially in areas without adequate waste management for transient populations.
Impact on Local Housing Market: The presence of many Airbnb properties can drive up rental prices, making it difficult for long-term residents to find affordable housing.
Lack of Accountability: Airbnb guests often don’t have the same investment in the community as long-term residents, leading to a lack of accountability for their actions.
Loss of Neighborhood Character: An influx of
short-term rentals can transform a residential neighborhood into a more transient, less community-oriented environment, potentially eroding the unique character of the area.
These reasons highlight the potential downsides of living next to an Airbnb property from the perspective of permanent residents. The impact can vary widely depending on how the property is managed and the nature of the neighborhood.
@@YourPoolHomeRealtor I get your concerns around lack of community, that’s a valid point.
However, I disagree with it driving rental prices up, the homes that are short term rentals never would have been built if the people buying them didn’t intend to rent them out seasonally and enjoy them for themselves part of the year. Many people have second homes there and don’t even rent them out for short term rentals…it’s their house they can do what they want.
I know all the neighbors around my rentals, across the street, even down the street and on both sides of the house.
As a short term rental operator, I want to show off Cape Coral and bring more people there so they can see how great of a place it truly is!
I have cameras(outside) ,noise monitor, and smart locks, so that I can ensure my guests are not being a nuisance to the community. I don’t allow stays less than 7 days, most of my guests stay for 2-3 weeks. These folks come to Cape Coral, go out to dinner, take boat rides with my captain friend, and go to attractions nearby.
I also hire a local lady that does QA checks for me as well.
I think the concerns you have are with bad operators. The ones that do 1 night bookings, don’t check on the property and are not invested with the community.
Lee County has over 9300 Active listings. 10 months of inventory. TIMBER!!
Stay tuned for our next market video I might have a surprise for you!
FYI who ever you’re following don’t know what they talking about, you should be following me! Lolololol.
listing in Lee county are 8210 single family homes, condos, villas, townhomes and manufactured ‘’homes’’ and sales 1261
8210/1261 =6.5 months of supply’s 🤷🏻♂️
This is Lee county
@@YourPoolHomeRealtor Your numbers are WRONG.
Homes are also overvalued. Most are average for their prices and there is no investor activity any longer. Rents are coming down.
Happy holidays manual have a blessing day stay safe😃
Am sure it wont be a problem for buyers
Yeap that would be great for buyers!
Problem 😢😢😢😢..hi manny
Market is going to Crash! Get ready for it. 2008 is coming all over again. Little jobs. Economy is screwed. If you can pay you mortgage and have a job still then you are doing well, but there are a lot of people Hurting right now. No new jobs and high prices for everything including food. So get ready if your a cash buyer to take advantage of realestate deal like you have never seen before on Commercial as well as residential properties. Realestate is better then investing in Gold and yes it will always rebound.Sorry to say but the foreclosure market is coming in 2024 in a big way. Rentals will be a good investment.
It's important to approach predictions about the housing market cautiously, as it can be influenced by various factors, and predicting exact outcomes is challenging. While some experts may believe that the housing market won't experience a crash similar to the one in 2008, there is no certainty in financial markets. I do believe we'll see prices tanking into the 2018, and 2019 value.
Economic conditions can change, and market trends can shift unpredictably. It's true that the housing market can experience fluctuations, and prices may go up or down. However, it's difficult to accurately predict whether the market will mirror the events of 2008 or if it will follow a different path.
It's advisable to stay informed about the housing market, monitor economic indicators, and make financial decisions based on your own circumstances and risk tolerance. Real estate can be a good investment, but it's crucial to conduct thorough research and consider various factors before making any decisions. Additionally, being prepared for economic uncertainties, such as having job security and manageable mortgage payments, is always a wise approach.
2008 crash will not happen it was a whole different set of circumstances…. A lot of fraud and real estate agents paying off appraisers to inflate prices
Doom and gloom