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This is just the beginning, many houses are still over priced, even with a “ market adjustments” in my area which is talked about in that article. Once again Florida has always been a speculative market with housing going back to the 1920’s selling swamp land. There is going to be some good...

lol

Florida housing is going to take a major hit more than other states, it always has and always will. It’s a buy low, hold it for x amount of time and then sell it for triple with zero improvements, reinvest in other states with profits. Been happening since the 20’s During the height of the...

Just in my town we have 3 zip codes we have over 900 properties for sale that’s form manufactured homes, condos, townhomes and single family. That’s not even including new construction. Everything is just sitting, many are hitting that 7-9 months on the market. New construction is offer zero...

I would wait one more year, steal a forever home and buy a new home construction as the rental property, with all the incentives.

Florida market is at a halt at least by me, new home builders are offering rate buy downs, no closing cost, no down payments just to move homes, and these have have had a 60-100k drop in price. We have about a good amount of homes on the market by me and they are sitting and getting “price...

https://abc7chicago.com/cook-county-property-tax-assessment-assessors-office-fritz-kaegi/14125416/

Also the opportunity to move around with in a company or career should also be added in there.

House and a hanger combo https://www.zillow.com/homedetails/4810-Southwind-Dr-Mulberry-FL-33860/47412414_zpid/?utm_campaign=iosappmessage&utm_medium=referral&utm_source=txtshare

The rates are what killing the sales right now. Make or break a profitable rental , meaning rent to cover the mortgage payment.

Not all that difficult, just need to be able to put down 30% or more for the lenders to take a chance. My mom is looking for a rental / second property at the moment here In Florida by me, she would need to come up with 30% minimum.

It’s mostly due to new changes in the economy under a new administration. Happen every new administration from the regan era, Clinton, Obama, etc.

Yes and no on the rate changes, prices are coming down at least by me down here I get daily “price improvements “ some I have seen as much as $100k of lowering asking price, I have a few agents in my brokerage that have 10+ homes listed and nothing is moving for them, also houses are staying on...

i had that in my old house in lombard, no issues of any water intrusion or getting larger as I marked them when I first moved in, 15 years later they never changed.

Wonder who owns all that empty land on both sides of that house?

Pool house is more of a hot tub house.

Did it have the pool, finished basement, landscaping, the cool pond in the front walk way when they purchased for 285k?

I have had buyers I worked with that were like we have had 5 different realtors over the years but you are the best, you picked up the phone, answered questions, pulled permit documents, helped with insurance, and recommended a lender where we closed in 15 days… When it’s your job you do it...

I’m still waiting to hear back from an agent that I texted last week on a back up offer….a good amount of the agents are so lazy, have no urgency for others when they are trying to sell a home for a client.

Talking with my lender today, 8% is very close, said it like 90’s all over again with the rate that high.