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My neighbor's house insurance company extorted them to change an asphalt shingle room that the builder said had at least 5-10 years of life. Insurance company threatened to drop them. I finally got a standing seam galvalume metal roof that makes a radiant barrier in the summer, and keeps the house warm in NW FL winters. ( today it's freezing and show forecast !) Got a significant discount , very happy with the results, wish I had done this 15 years ago. :(

Here in GA they are still moving pretty fast.

I grew up in Miami ... geezer alert ... and I never saw a house that wasn't CBS with a concrete tie beam. These are much tougher homes and while no home is hurricane proof, they come very close. Florida doesn't have to ban stick homes. The insurance company's can however, refuse to insure stick built homes or any roofs that are not concrete. I imagine the cost of constantly replacing shingle roofs ... same with metal as well ... are killing insurance company profits. That;s fair. Insurance company's don't insure you out of the goodness of their hearts just like you don't go to work out of the goodness of yours.

❤Hope baby and mom2 Ben doing well. Breast feeding is a money saver and psychological advantage

It's going to be very interesting to see what happens with the new 47 administration and how that effects the interests rates. Tumultuous in the least!

Metal roofs are an issue when you have people shooting guns in the air every chance they get when holidays roll by. Many years of patching holes at storage facilities who love using metal roofs due to stray bullets doesn’t convince me I would want one.

Insurance companies used to be in the business of providing insurance to homeowners. Now, they are in the business of finding ways NOT to provide insurance to homeowners.

Florida is overpriced ....over populated.......I've always thought u go to Florida to die.

So what's going to happen with all these new homes in these giant subdivisions still under construction? Including all the ones in planning that haven't even broken ground yet?

I agree with the roof thing

Always great info. Any information on east coast buying and prices?? Always a thumb's upp. 👍👍

We’re still waiting for prices to come down while the inventory piles up here in SWFl . Thanks Ben great video!

FED RATE CUT WILL NOT COME IN JAN ALSO TARIFFS WILL NOW INCREASE INFLATION ON EVERYTHING

I feel that the "days on market" isnt accurate in many cases as I have seen properties that were listed for 100+ days get taken down then put back up a week later and start at 0 days on market. Seems like manipulation to me.

Friggin jack nuts think they know something about roofs. What's happening is board of realtors and insurance companies are calling the shots. They don't know what they're talking about. BS artist at work.

Imagine thinking that buying a house in a Florida HOA is a good idea.

How long is that metal roof going to last in the salty air not to mention the cheap Chinese fasteners.

just watched this video and you asked who would know you in bradenton. i would since i watch your channel regularly! hope you can come over to LWR area and expand your info to us up here

Home prices, interest rates, inflation, property taxes, insurance, tighter lending standards and economic anxieties are headwinds for the real estate market.

Houses are still too expensive! People still expect to profit substantially after buying during COVID. Especially resales.

Another great video! IMHO sales continue to be down because potential buyers feel that any home purchased today will be worth less in the years to come. Most buyers don't have the stomach for that.

When I put a metal roof on my insurance went UP. Insurance company's excuse was because it would cost more to replace and the added protection of a metal roof doesn't decrease the odds overall of hurricane damage. Insurance companies will gouge you coming and going. Its how they make their money.

Great honest information.Thank you

Ben, you nailed it on the buyers. They are picky and very price conscious. There is a lot to choose from.

wait till this next hurricane season. i hope people leave, too many people here.

I think a major part of it is because some are actually doing their do dillegence, and looking at the final monthly costs. Many are finding out they're not actually saving any money, but going to be spending more between the mortgage, taxes, and insurance rates. Sure the previous owner may have only been paying 1500 in taxes per year, but that's because they bought the house for 60k back in the early 2000s.

I've just begin to learn about investment, and I've found that many good stocks are undervalued despite their intrinsic value. If you had quarter of a million to create a strong portfolio, which stock would you choose for better returns?

Dude you say SWFL but don’t cover Lee or collier?

Peak boomers are keeping things going

He'll with it, try epoxy

Who wants to buy a home in Florida where the insurance companies take your premium but refuse to pay your claim?

You didn’t mention insurance costs and increasing HOA costs. If buyers can't get a good insurance quote or the HOA goes up, they might cancel the contract. In California, increasing insurance rates are causing deals to fall apart.

it is either before hurricane or after hurricane. Uninsurable

The issues with shingle roofs in florida are, Most of the contractors put on the minimum thin 3 tab fiberglass/asphalt shingle. Some blow off before the home is done. Anything south of Tampa, florida will not last. As the latitudes go down the heat and wind goes up. And #2 shooting them in or on with air nailer is not the right way to install it. All it takes is, the nail gun is not perpendicular to the surface, the head of the nail cuts the nail zone damaging fastening zone. #3 all the shingle should be glued to the shingle below and glued to the underlayment. Your 1st roof should last 12 years then re-roof over the old and go another 12-15 years. There is Acrylic clear latex silicone that is a maintenance for the roof and holds granules from falling off. However, the blame is on the manufacturing. Owen's corning made a thick shake shingle the best but not for this market. Heat and wind are issues with shingles. I stopped using shingles back 30 years ago. It's metal or Altusa tile. You better believe that's going to add a lot of money to a new home. And good luck finding good people who take time and care while installing to not damage the underlayment and go the extra distance to make sure every screw counts. The glue they make today are literally indestructible for tile and metal roofs. So when it's glued, bent and screwed it's not coming off. Don't get me wrong, there are people who work in the roofing trade who do good work. If you do the work yourself, good for you. If you hire a contractor, make sure you know how long, how much, when starts, exactly the work to be performed and completed. write even the little things on the contract. If you're not allowed to sit in and speak to a crew manager or the super himself/ herself and you get a gut feeling, you're best is to keep looking for the right installer. Proper Installation is 90% of the problem. I showed up on a jobsite where the roofers were leaving the ridge cap with exposed nails open to the weather. That's not installed correctly. I showed up on a jobsite where the roofers installed the drip edge wrong. I watched a roofer on a jobsite nailing every other shingle????. I've seen so called roofers. The big fact you want to spend money on when roofing is the right person and the best UNDERLAYMENT money can buy. That's really your roof and the shingles, tile or metal protect the underlayment. So, buy a really good underlayment and remember every hole that's put through it is a potential leak. So, everything has to mechanically shed water. The problems arises when wind is 100mph and water blows up the roof getting under it.. can leak at the fastening if it's not self sealed or something caused it to just malfunction. So, the glue i described is important because even though the self stick polly woven underlayment is specified self sealing. A strip of glue or a dab of glue in the fastening zone will go a long way in keeping your home dry for years. These house flippers and real estate people have no clue what things cost for real. They're just reaching into your pockets so they can sell it fast. Don't lower the price of your home. Sit on it because NOTHING in construction is inexpensive anymore. Everything in construction is VERY VERY expensive. A new modest home is expensive yes,, because it cost us a lot of money to build it. Im not lowering my prices. And my homes are not cookie cutter barracks style housing. So when some agent sends me a postcard says they like to list my homes i say no thank you to myself...lol

Now with Trump people are scared and decided to lay low. Don't sell don't move.

3 tab shingles should not be used in Florida.

so a 20lb cement tile flying around when it gets knocked off your roof from hurricane winds is better? Too bad the insurance companies are the ones creating the problem.... Roof warranties the roof for x amount of years. Insurance says nah we don't don't believe you......

All those sales falling through must mean a lot of lost earnest money.

Falling mortgage rates make home prices go up quickly! Rising mortgage rates make home prices go down slowly!

Those days on market numbers will skyrocket soon as spring approaches!

Make it so that the listed life-span of the roofing product is a guaranteed life -- so if the listed time is 30 years and it's failing at 15-20 years, then the mfr has to replace it (not just give you new shingles).

Owners were happy with the 30% run up in2 years, if they take a 10% haircut, boo hoo.

It's not a inventory problem, it's a buying opportunity.

Condo HOA’s are destroying people. Anyone with a mortgage on a condo and an hoa that has gone up 20-30%, some are needing to sell. Prices are still elevated if you bought before 20220 but coming down, people need to sell…

I’m feeling a little more optimistic after watching that video. I have a dozen brand new homes coming on the market in North Port in February. We will be buying down interest rates for people.

As a buyer iam not signing a contract to buy. Just going to open house.

Just like hurricane Andrew. Tin Tabs for roofs were in high demand. Everyone making them. Lots of them rusted..

Word got out that there is a crash in progress. It’s been happening for a few months now but as of about 2 weeks ago everyone finally realized it.

Up here in Pasco I'm seeing most storm damaged houses still sitting gutted and windows wide open. Not even trying to start working on them. Many are for sale. Vacant. Reminds me of the foreclosure crisis of 2007-09 when lots of neighborhoods up here were vacant and ripped apart for copper. Higher prices ahead if they can find buyers. The Trump economy, with its tariffs, could destroy what's left of Florida if they're not prepared. Misplaced optimism reality bounce pending.

Keep up the great content, I appreciate you.