Please SUBSCRIBE HERE bit.ly/31kAR73 My Gear I Use for RUclips: www.amazon.com/shop/jasonwalter Products I use and like: #ad Tubebuddy www.tubebuddy.com/jason808 Virtual Assistants (video editing) bit.ly/3lYRujQ
FL is a dump. Lived there for 6 years. Too hot and too flat and too ghetto. And I bought in 2013 at distressed prices. Buyer now are going to be holding the bag.
Southwest Florida, from what I’m seeing, moderately & reasonably priced SFH’s in the $330-$385k range are selling in 1-3 days. Overpriced properties, $430k+ are sitting on the market for weeks to months
Once again these updates gice the buyer and seller real-time data. Cant tell you how much this helps us. Truly appreciate the time and effort that goes into this. I hope you have a fabulous week
Florida has one thing going against it, and one thing going for it. Net Migration from other states/nations is going to cause prices to go up in Florida, the economic conditions (higher interest rates, low supply) is going to cause prices to go down. Which has a greater effect? I'm not sure. Still have literally like 4 737 jets full of people moving to Florida everyday.
4K a Day= $$$$$$$$$$$$$..What I'm waiting for is the Migrant thing U can't Work Here. They tried that 20 years ago IL when I quit my crew was 95% SOUTH. 😁😁😁
Jason, when the data reports there was more cash buyers during historic low interest rates than there is now, does that mean buyers paid *all cash or just a *portion of the listed price? Also, isn't it a little ironic that while market would lend money for cheapest it ever has that buyers would bypass taking advantage of that and pay in cash? I know your not a financial advisor but what am I missing? It seems to me that when interest rates up is when you would want to pay in cash or put down more cash. It's also my understanding that homes were selling over their appraised value back when interest rates were at historic lows so buyers would have to come up with additional cash to cover that difference as well.
I remember saying a year ago that these videos were a load of hot air. Orlando's median price is down 1,000 USD from June 2022 according to Red Fin's weekly data.
Very interesting that youre chosing not to show data pre June 22. Closed home sales are at the lowest level since like 2010. Nobody is buying houses. Inventory really only needs to tick up 10-20% for a massive collapse to happen. Oh ill just rent? Its not going to happen. Rent prices are dropping. I have a strong suspicion this guy is an agent or in the real estate business.
The speculators are still HIGHLY active here in palm beach county. Values remain at 100-400 percent higher vs the start of 2021. Flipper and investor capital of America. Lots of empty homes sitting for the next whale 🐳 to bite.
Please SUBSCRIBE HERE bit.ly/31kAR73
My Gear I Use for RUclips:
www.amazon.com/shop/jasonwalter
Products I use and like: #ad
Tubebuddy www.tubebuddy.com/jason808
Virtual Assistants (video editing) bit.ly/3lYRujQ
FL is a dump. Lived there for 6 years. Too hot and too flat and too ghetto. And I bought in 2013 at distressed prices. Buyer now are going to be holding the bag.
Thank you Jason for Florida info!
Ditto!
Southwest Florida, from what I’m seeing, moderately & reasonably priced SFH’s in the $330-$385k range are selling in 1-3 days. Overpriced properties, $430k+ are sitting on the market for weeks to months
If you get a blue colar job it will only take 612 years to afford a house
Not if you have a construction job. 🔨 👷
@@asolanodon't you mean stand around with 5-6 others as one guy does work and get 28 an hour for doing so?
White Colar 500 years
I work a blue collar job, and make 120k year fixing jets. Aviation has huge shortage of technicians and entry pay is rising.
@@michaelbollinger8060 too many people want the salary but don't want the work. 😂
JASON THANKS YOUR STATS ARE A CUT ABOVE
Thank you Joe!
Once again these updates gice the buyer and seller real-time data. Cant tell you how much this helps us. Truly appreciate the time and effort that goes into this. I hope you have a fabulous week
Great to hear! Thank you and have a great week too!
Im only 3 minutes in and i have already given up hope... Hopefully he will bring up the insurance companies no longer willing to insure Florida homes.
In Miami I know some people are moving and have given up some have cut out a lot of extra things to compensate.
Florida has one thing going against it, and one thing going for it. Net Migration from other states/nations is going to cause prices to go up in Florida, the economic conditions (higher interest rates, low supply) is going to cause prices to go down. Which has a greater effect? I'm not sure. Still have literally like 4 737 jets full of people moving to Florida everyday.
4K a Day= $$$$$$$$$$$$$..What I'm waiting for is the Migrant thing U can't Work Here. They tried that 20 years ago IL when I quit my crew was 95% SOUTH. 😁😁😁
I left California due to laws and taxes- They have lost their damn minds. Look up AB 957 for starters. California Democrats are dystopian tyrants.
True, I'm in Florida and on my street just had renters move from Texas, and buyers from Alaska. I also see California, Washington, etc.
And then they move to NC/SC and annoy us.
Thanks for this information, you do a great job providing people this reports!
Thanks for watching!
Great information. I stay close to your videos and actively use the information. Thanks for all you do.
Thank you!
Jason, when the data reports there was more cash buyers during historic low interest rates than there is now, does that mean buyers paid *all cash or just a *portion of the listed price? Also, isn't it a little ironic that while market would lend money for cheapest it ever has that buyers would bypass taking advantage of that and pay in cash? I know your not a financial advisor but what am I missing? It seems to me that when interest rates up is when you would want to pay in cash or put down more cash. It's also my understanding that homes were selling over their appraised value back when interest rates were at historic lows so buyers would have to come up with additional cash to cover that difference as well.
Mahalo 👍🏽👍🏽🇺🇸🍍🌺⬇️⬇️🌴
I remember saying a year ago that these videos were a load of hot air. Orlando's median price is down 1,000 USD from June 2022 according to Red Fin's weekly data.
Strong market. Look i to helocs. Their is a boom happening meaning additions are on the rise. Called this pattern 2 years ago lol
Hello, for the "closed sales," in regards to distressed properties, do those statistics take into account "off market" closed sales as well?
I'm guessing on market only based on what was listed.
Very interesting that youre chosing not to show data pre June 22. Closed home sales are at the lowest level since like 2010. Nobody is buying houses. Inventory really only needs to tick up 10-20% for a massive collapse to happen. Oh ill just rent? Its not going to happen. Rent prices are dropping. I have a strong suspicion this guy is an agent or in the real estate business.
n GM Jason have a 🤑🤑🤑🤑 Day. 😁😁😁
Good morning, Jim!
@@JasonWalter1 Everyone LOOKING at FI not so much Texas..ALOHA😁😁
Need some Cat 4 hurricanes to scare off these new Floridians!!!
Title says July update but you said June.
I'm giving you the update in July. Sorry for the confusion. July's stats won't be released ~3 weeks after the end of this month.
My market is down 9% YTD in Florida. I’m glad I waited to buy.
Not true unless you name the market…
@@Needglory23 lol. I will never tell.
These are so helpful. TLDR- the housing market is back to a normal sellers market. Let’s hope it’s stays this way
Would you please do Idaho?
@@jayk3551 He has covered Idaho before because it was a pandemic hot spot to move.
Home values are DECLINING in Florida.
Not when you compare the price to 2-3 years ago. Far from
@@Sonofawildanimal4241 IF u bt in 2019 ur Rich but what IF it's ur Last House u Need ? $$$$$$$$$$$$$$$$ Oh my God unless u got Great Income..🥵🥵
Not in south Florida! Still a bidding war on every decent home
Declining??
Florida home price $420k June of 2022 and $420k June of 2023.
The speculators are still HIGHLY active here in palm beach county.
Values remain at 100-400 percent higher vs the start of 2021.
Flipper and investor capital of America. Lots of empty homes sitting for the next whale 🐳 to bite.
Florida will be crushed.
Yes, Florida will be crushed by astronomical home insurance costs…