
THE WRITING IS ON THE WALL... NOBODY CAN AFFORD THE HOMES
Buy me a coffee ☕☕☕ https://www.buymeacoffee.com/maciekz 🔔🔔🔔 🟢 Start Here! - Search for real estate: https://bit.ly/searchflorida ►►For client inquiries, call me or text me at 941-400-7084, or email at [email protected] ►►Schedule a 30 minute call with Maciek! https://calendly.com/maciekz/real-est... ►►Need a loan, refinance, or want to talk to Chris Kouvatsos? Give him a call: 941-806-7625 Video Title: Real Estate Market Warning: Analyst Predicts Impending Crash due to Rising Borrowing Costs and Commercial Sector Challenges. [00:02]( • THE WRITING IS ON THE WALL... NOBODY ... ) Real estate crash imminent [02:23]( • THE WRITING IS ON THE WALL... NOBODY ... ) Construction for single and multifamily homes have plateaued [04:34]( • THE WRITING IS ON THE WALL... NOBODY ... ) Impact of labor and materials cost increase on future building expenses [06:53]( • THE WRITING IS ON THE WALL... NOBODY ... ) Low likelihood of real estate crash due to small percentage in financial distress [09:10]( • THE WRITING IS ON THE WALL... NOBODY ... ) Potential impact of high interest rates on commercial property refinancing [11:20]( • THE WRITING IS ON THE WALL... NOBODY ... ) Real estate market in select regions showing signs of cooling [13:33]( • THE WRITING IS ON THE WALL... NOBODY ... ) Miami experiencing a significant year-over-year price decrease of 11.2% [15:31]( • THE WRITING IS ON THE WALL... NOBODY ... ) Real estate market insights from an active investor [17:35]( • THE WRITING IS ON THE WALL... NOBODY ... ) Overpricing leads to lack of interest --------------------------------- Video Title: Real Estate Market Warning: Analyst Predicts Impending Crash due to Rising Borrowing Costs and Commercial Sector Challenges. [00:02]( • THE WRITING IS ON THE WALL... NOBODY ... ) Real estate crash imminent Chief Market strategist Chris veran predicts a big correction in the real estate sector due to significant increase in borrowing costs. Commercial real estate facing turmoil due to inability to qualify for refinance, with financing differences from residential properties. [02:23]( • THE WRITING IS ON THE WALL... NOBODY ... ) Construction for single and multifamily homes have plateaued Inventory levels are expected to stabilize, resulting in less competition for home buyers and sellers. Concerns remain about potential impact of high refinancing costs on real estate market. [04:34]( • THE WRITING IS ON THE WALL... NOBODY ... ) Impact of labor and materials cost increase on future building expenses Labor and materials costs have skyrocketed in the past 5 years, leading to higher baseline expenses for building projects. High interest rates combined with increased costs result in higher overall building expenses, even if interest rates go down. [06:53]( • THE WRITING IS ON THE WALL... NOBODY ... ) Low likelihood of real estate crash due to small percentage in financial distress Most people have stable mortgage options like fixed-rate or minimal-risk mortgages Increased foreclosures in commercial real estate due to interest rate pressure may lead to distress [09:10]( • THE WRITING IS ON THE WALL... NOBODY ... ) Potential impact of high interest rates on commercial property refinancing High interest rates may make it difficult for individuals and funds to afford refinancing commercial properties. Further price reductions and panic selloff could occur if the market weakens further. [11:20]( • THE WRITING IS ON THE WALL... NOBODY ... ) Real estate market in select regions showing signs of cooling Increased inventory levels in Louisiana, Florida, and Texas leading to potential price drops Potential for foreclosures as investors look to exit bad assets, creating opportunities for new buyers [13:33]( • THE WRITING IS ON THE WALL... NOBODY ... ) Miami experiencing a significant year-over-year price decrease of 11.2% The speaker believes that there may be further price falls if interest rates remain stable. They advise renters paying fair market value to consider buying a more affordable property to save money and prepare for potential future price increases. [15:31]( • THE WRITING IS ON THE WALL... NOBODY ... ) Real estate market insights from an active investor Rural areas in Florida have higher chances of lowball offers due to fewer buyers. In contrast, coastal and tourist areas like Sarasota or Miami have lower chances of accepting lowball offers. [17:35]( • THE WRITING IS ON THE WALL... NOBODY ... ) Overpricing leads to lack of interest Property priced much higher, had only four showings in six months Repricing at fair value led to high interest but still required a buyer agent bonus