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House prices in Florida have doubled in 4 years and in my area they’re still going up. I’ve been saving up for 12 years and I was almost there in 2019 but 2020 onward really messed it up for me. And with rising taxes and insurance I’d probably have to pay cash to afford it long term. In my area the prices just aren’t coming down. There’s a few dumps where they’ve done some price cuts but they’re just not worth buying and the nice homes still sell at asking. Probably will have to move to another state where I have no family and don’t know anyone if I ever want to own anything.

If your drive off the lot and total the car , the insurance won’t cover the $5k cap reduction

With the pending surge of special assessments in condos, many owners will be forced to sell at fire sale prices. Deferred maintenance makes future inflation adjusted work so much more expensive especially as contractors are inundated with work. The next millionaire class will be your local plumbers and electricians. Condo owners will be underwater and begging buyers to take them off the hook.

Do Port St Lucie, FL!! There are a lot of new construction homes being built by big builders (like Mattamy Homes, Lennar, Holiday Builders, Ryan) that are pricing out resellers and smaller new construction builders.

Just sold my investment property last week in Tampa. I feel like I was able to get out before the bottom falls out. Definitely less buyers, more nickel and diming and required a 5% price cut, but happy to sell at “relatively” the top.

Shore Acres is a dumb neighborhood unless you have a waterfront home, not even a public area to enjoy the water; residents can only swim in the streets during high tide

I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for.

Do a segment on the Keys please. Marathon

Check out Tallahassee

So this is an insurance commercial.

Fl is literally a swamp and they are surprised it floods..

I’m interested in what’s happening on Sanibel and Captiva islands since they are still in recovery from hurricane damage.

🙄 the market is really for investors and corporations. not for common folkes. This video is marketing homes for investors and corporations....

3:47 Did you just say you were paying $3,300 PER MONTH?? Are you sure you didn’t mean “per year”? Or did you live in an absolute baller mansion? There’s no way you were paying $40K per year for home insurance, right?

I had this thought a while ago, and it may be coming to fruition There may come a time when no one can afford insurance… Which means they will not be able to get a mortgage which means people will not need to go into debt for their home! This might be a good thing for many. People will not be at risk of losing their home to BANK .

Thanks for the video you had mentioned if we could request a certain area could you do specifically Palm Beach County?

I’m with you moodiblue. The people that come here, think everybody owes them something.

In light of the news with the supreme court ruling that donny can be a king. Democracy died yesterday. In 6 months our world will look a lot different from now that the court has gave Trump the green light. How about a show about what the Florida property market will look like after a dictator takes office and turns our country into a dictator run country. We have more than enough examples of what happens to economies that have that type of system to base any research on. I can tell you just from what little knowledge I have it's not going to be pretty.

Could you do Ocala FL

Any property near the coast is going to have difficulty getting Insurance. Expect to pay around $20,000 A year for it to be insured.

I've said it before, and I'll say it again. House are built like crap. They are made with crap materials that provide better margins for homebuilders. Because they're made of crap materials, they'll always need to be repaired or replaced. Housing is a massive conspiracy from the contractors to landlords. Everyone is getting paid. Indestructible homes that are flood proof could be built very easily and cheaply, but that isn't good for the racket. They want cheap wood, crap drywall, shingles, the whole lot... It's a scam. Houses should be built out of metal i-beams and high-impact glass. Put them on stilts.

Could you check out Cape Cod, Massachusetts?

Why would anyone move to a place the GOdS have on their radar for selective removal from the grid?? Areas with recessive/negative karmic balance attract destruction. This will never end, until Florida is a backwater swamp.

Appreciate your statistical analysis on these properties! When you have the chance, can you research the Fernandina Beach/Amelia Island properties? Thanks.

I thoroughly enjoy your videos. Please take a look into Ocala.

The problem is New York. That's the standard for rent amd pricing Rich people all over the world go to New York to live rich people all over the world. Are not going to some random place in America to live? For the rent and housing market to be so high, it's not sustainable and places other than ny And not sustainable there And big banks and institutional investments, owning half of the homes in america

What about winter haven, lakeland area

Now you see why Rick Scott didn’t want anybody in the Florida government to mention anything about climate change. All these people moved in thinking it was a steal only to find out floods will make Florida unlivable. Insurance companies have their own data though and seen the writing on the wall and jumped ship.

The reason people don’t like brick houses in Florida is they cost more and the builder has to frame the house before applying the exterior bricks therefore less profit. Also laying bricks requires a skill set. The Guatemalans we import to build the homes can’t lay the small bricks straight. Wood is easier to work with and is cheaper. Block is just big bricks and a lot less of them and because of their larger size more profitable for builders. Also, the Guatemalan block layers have a platform they can fit a level on which avoids the small brick problems.

Do I have to be living in USA?

Nice place to visit but I wouldn’t want to live there.

The homes are way over priced. Add inflated taxes and insurance - not to mention high interest rates! Hoa fees are crazy too. People can’t sell them because market is crashing and they are sitting tight waiting for the prices to go back to pre-Covid prices.

Just came across your channel. Very informative, thanks! Please consider doing some videos all along the Gulf for people wanting to live near the ocean. I’m wondering how insurance is affecting those housing markets.

I’m a 50 + year Florida resident. The problem I see here is the increase in population. All these people show up and tremendous building goes on. These new folks all want to live on or near the ocean and gulf. I get the lifestyle but amazed at the stupidity. More people means more roads, more businesses, more infrastructure and so on. All the concrete is not porous and the normally porous soil is slower to absorb the rain water. It’s not climate change here it’s people change. Then there’s the greed factor. The county tax assessors smell the money and proceed after the citizens like Bull Sharks in bloody water. The insurance companies eat the scraps that are left. Us old timers who live in the center of the state have to pay high insurance premiums to offset many of the losses of the coastal dwellers. That’s the cost of having a Florida zip code in your address. I don’t have insurance claims as I live in the middle of the state. While I’d love it if nobody else moved here and if 50% of the non-natives left, I know that just won’t happen. To those of you coming my advice is live at least 10 miles inland, not on the beach. To those leaving, goodbye.

Side note, you have a great voice for radio and movies etc..but I like your style too! Keep it up!

Martin County

Davenport, fl

I live in Florida very near the highest elevation in the state my house is about 230ft above sea level. I think the insurance rate increases are valid near the coast and for flood prone areas. Lots of older Florida homes are old and need to be Hurricane/wind updated anyway.

To bad panic sellers don’t upset the county appraiser. The local government refers to the low value sale as an aberration and pays no particular attention to it. The county tax appraiser just increases the taxes on the new owner and welcomes him to the county.

Im getting the taste of something wrong. Whoever's job it is to report the inventory seems to be holding that information from getting out at the time it is supposed to. I live on the beach in FL. and inventories rose dramatically 6 months before any numbers reflected this change. I have been watching. All the new inventory in reality shot up 6 months ago. something stinks

This is what's happening: you do NOT own what you own. You still have to pay rent disguised as insurance, tax, HOA etc.

It's time to consider moving to another country.

The number is listings- does that include new construction or is it all resale? That makes a huge difference bc construction is pumping out hard here in north Tampa.

Obviously Republican state! All insurance companies have withdrawn from Florida due to hurricane and storm claims,Obviously nothing to do with climate change, as all Republicans claim. The majority low, sea level properties are all subject to flooding and extreme damage. When you vote Republican you get exactly what you deserve!

5. Jeep Wrangler 😂 4. Subaru Outback 3. Any Scion (Toyota) Vehicle. 2. Honda CRV. 1. Toyota Camry. 😊😁

Anna maria island in Bradenton

The prices are still high ,

Waterfall

Greedy seller. It's a dump. Never updated or painted?

How much will insurance cost next year?