Crisis Alert: Florida's Housing Inventory Soars by 411% – What’s Next? | 1308

Epic Real Estate Investing

Matt Theriault

Education, Business, Investing, How To

4.8 • 955 Ratings

🗓️ 27 June 2024

⏱️ 17 minutes

🔗️ Recording | iTunes | RSS

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Summary

Ready to uncover the truth about Florida's real estate market? In this episode, we dive deep into the recent surge in housing inventory and address the looming fears of a 2008-style market crash. But hold on—before you hit the panic button, we're here to show you why Florida stands strong amid the uncertainty. Explore how Florida's robust and diverse economy, coupled with strong migration trends and ongoing infrastructure developments, make it a hotbed for long-term investments. We’ll also compare Florida’s growth trajectory with California’s, revealing why the Sunshine State is shining brighter for investors. Join us as we cut through the fear-driven noise and focus on the real fundamentals that make Florida's real estate market a promising bet. Don't miss this episode if you're looking to make informed decisions and seize the investment opportunities waiting in Florida. Hit play now and gain a balanced, insightful perspective on one of the most dynamic real estate markets today P.S. Whenever you're ready to go deeper and further with your real estate investing, looking into my partner program to help you get your first deal might be the move... take the first step here for free 👉 https://epicearnwhileyoulearn.com/ Sponsor: Baselane - Banking Built for Real Estate Investors Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This is Terrio Media.
0:05.0	Hey, strap in.
0:07.0	It's time for the epic real estate investing show.
0:10.0	You'll be your guides as we navigate the housing market, the landscape of creative financing
0:14.5	strategies and everything you need to swap that office chair for a beach chair.
0:18.9	If you're looking for some one-on-one help, Meet us at REI-A-S.com.
0:23.0	Let's go, let's go, let's go, let's go, let's go.
0:27.0	Let's go.
0:28.0	Let's go. Let's go.
0:29.0	You've probably heard the alarming news that there's big trouble in Florida real estate. The state it's experiencing a
0:35.1	massive market shock with a massive sell-offs during a fear of a 2008 repeat.
0:41.4	You know in the last two years Florida's housing inventory it's surged
0:45.7	236 percent and some Florida markets like Tampa inventories at
0:50.6	412 percent the Cape Coral area is at 400% in North Port, it's up
0:56.1	411% in the last 24 months. When inventory stores like that, prices are
1:01.5	expected to naturally come crashing down.
1:04.0	I mean it has to right because real estate it goes in cycles.
1:08.0	Some reports are predicting 30 to 40 percent of price decreases, creating fear and uncertainty among homeowners and investors alike as sellers
1:17.8	they're slashing their list prices.
1:20.5	And the days on market have doubled statewide, more than in some areas are more than doubled.
1:26.8	For sale signs they're popping up all over the place and all evidence of a drastic shift in the market. And so the dream of owning property
1:35.0	for homeowners and investors in Florida seems to be a nightmare becoming
	...

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