Why Home Prices Haven't Crashed YET - Housing Market 2023
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- เผยแพร่เมื่อ 31 พ.ค. 2024
- 🔥🏠 Unveiling the TRUTH About the Real Estate Market! Housing Market Crash Update 2023! 📈💥
Don't be fooled by the surface-level information. We're diving deep into the economic trends that others aren't talking about to give you the real scoop. 📈🔍
🔮 Curious about whether the 2023 housing market will crash and enter a recession? We've got the data and insights on those leading indicators. It's time to separate fact from fiction! 💡💯
⚠️ While many believe that higher interest rates are the main culprits behind real estate crashes, we're here to reveal the hidden facts that have led us to where we are and what's currently unfolding.
🚫⬇️ Wondering why the housing market hasn't crashed yet? Look no further! This video is your ultimate housing market crash update, where we'll explore why home prices are surging higher despite all odds. 📈💥
🎬 So, grab your popcorn and get ready for a captivating analysis of the real estate market! Make sure to smash that subscribe button and turn on notifications, because we're about to unveil the truth that everyone needs to hear. 🍿🔔
🌐 Remember, knowledge is power! If you find this video insightful, don't hesitate to share it with your friends and family. Let's spread awareness and empower others with the truth about the housing market. Together, we can navigate these turbulent times! 💪📣
Disclaimer: The information provided in my videos is exclusively for educational purposes. It should not be considered a substitute for conducting thorough research, and it does not constitute legal, investment, or financial advice. For any legal matters, it is recommended to seek guidance from a qualified lawyer.
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Jonathan Alexander - Real Estate Agent | Florida Real Estate License: SL3122005
Brokered by EXP Realty
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Florida close move some place else
There is not a shortage of available single family homes. There is a shortage of affordable single family homes.
I agree with that AND we also have a shortage of single family homes due to homeowners not wanting to sell because of their low interest rate.
@@LIVSouthFlorida there's some truth to that. Although. I believe that even if the interest rates were lower many people who currently own these now overvalued homes Still could not afford to buy their own homes at its current price.. so again. The issue is affordability. Not availability. I make good money.. im in the market.. first time home buyer.. I can get an fha with the low rate.. im seeing lots of great homes.. im see none that are a great deal cost wise.... if I cannot get a good deal I don't need to buy a house.. period.
@@blissdad13 well said 🤝
When equity starts evaporating everybody will try to hit the exit at the same time, human behavior never change
From Sarasota down the coast, there is a ton more inventory in the 300-600 range than there was 6 months ago. The prices are still too high, so I expect this inventory to stack up, especially given the insurance issues. I’m seeing listings bought a year ago, being listed now for no profit. It’s not a good sign.
It’s sad to see people struggling for a place to live with today’s inflation and interest rates! Hopefully things will get better soon. Very informative video!
It’s been very challenging and the high interest rates have almost halted new buyers but things will get better and it’s important for people to know what’s really going on in the real estate market. Thank you for your comment and for watching 🙏🏼
I think I actually saw him tear up at one point in this video. 😂😂😂
@@Resmith18SR that was just the sweat dripping down my face from the FL heat 🤣
Great job. Very informative.
Glad it was helpful!
Great video, with solid stats to back up your opinion.
I would have liked a deeper analysis on mortgage rates and the stubborn inflation rate (still far from the FED target). I can’t see any drop in housing prices in the long term if inflation remains high.
It was very insightful. Thank you!
You're so welcome! Thanks for watching!
Home values are declining rapidly in North Carolina
Really? In all areas of NC? Not here in Florida. Prices in South Florida are steady
@@cumberlandquiltchic1 in Florida taxes can only increase by up to 4% annually... insurances shot through the roof here
I hadn't thought of the things you mentioned in the video. Great information. Thank you!!
Glad it was helpful! Thanks for the love ❤️
Just the video I needed to see! Super informative!
Glad you liked it!! Any other videos you’d like to see in the future?
Excellent breakdown! Comprehensive and easy to understand. Missed the impact of investment firms but overall good information.
I missed that one but I’ll make sure to mention it in part 2. Thanks for watching 🤝
Thank you for this information. I appreciate the detailed points explaining everything that's happening. I'm interested to see what happens when unprofitable Air BNB owners start offloading inventory.
It’s important to educate people on what’s really going on. I’m glad you found it helpful.
Excellent excellent video.
Thank you!!
@LivSouthFlorida you're not showing us the numbers of foreclosures in the last 6 months... Has this number been gone up or down.... How much has the insurance rate climbed over the last year?.... In this video you didn't provide basic information for the home buyer
That’ll be for another video. Insurance has increased across the board for every one. What type of info for homebuyers would you like to see?
Buyers will now wait for interest rates to drop, removing those buyers from the market...It will take time for inventory to fatten up.
Give it 12/18 months.
Buyers have been waiting for rates to drop. 2024 sounds a little promising from everything I've read and watched regarding rates coming down. All it will take is rates to come down and watch the buyers start to flow back in. Currently we're around 4-5 months of inventory. Curious to see how it all plays out.
@@LIVSouthFlorida How are the forclosure numbers in your area, im north and there is a nudge of an increase.
This dude's video is very informative
I appreciate that!
I like when people say the truth and you are one of those I do believe you thank for your information 🙏🙏
The truth is always better and I’m happy you feel the same way. This is made to educate people so they don’t just go based on what the news or their friends are saying.
The real reason the South Florida and Miami area real estate is so overheated is because even Latin American Narco Trafficantes and Russian Oligarchs need a place to lay their head at night. 😂😂😂
😂😂 no lies told
It’s def not the regular employees of FL I’ll tell you that 😅
@@cyndiipanda South Florida has always been famous or infamous for attracting and being the choice of Latin American drug money laundering, mobsters, and people that are making huge amounts of money doing illegal things.
Coorporate investors, million to billion dollar investors with all cash in South Florida home prices triple plus. Example a 2/2 under 1000 sq/ft out side of Little Hati $1.6 million ... Greed but thats the American way.
Because people still need homes! I just paid full asking in Jacksonville Fl. If you’re waiting on the side lines, you’re gonna be waiting a long time and that lines gonna be long!!!!! Better get one now! Inventory is low
Good thinking!
I agree with you 100%..
🤝
If demand was greater than supply house prices would be increasing.
Instead, listed houses for sale days on market is increasing.
Houses for sale are getting bigger discounts.
In most of the country that’s right. Buyers are still buying.. marrying the house but dating the rate. Right now, our buyers are 60% cash that are buying here in South Florida. They’re coming from different states.
You're behind on your information!