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The Real Estate Market is Slowing, 5.75% Mortgages in Florida
Description
Join our free Florida income properties webinar on Monday, November 27th for 5.75% mortgage rates at: GREwebinars.com
Home prices are up 4.5% annually through Q3. It's the fastest growth rate in months.
Three out of ten renters are now age 55+, the most ever. Older renters are good for you: lower turnover, more quiet, more savings & income, and lower regulation compared to assisted living.
Overall US population growth is slowing, from 1.2% a generation ago to 0.5% today. It's expected to grow until 2080.
I discuss the DOJ crackdown on the NAR and real estate commissions. 1.6 million real estate agents could lose their jobs.
Apartment building rate caps have become super-expensive.
One of our real estate Investment Coaches, Naresh, joins us from Florida.
Naresh tells us how to get 5.75% mortgage rates on new-build Florida income property at GREwebinars.com
Resources mentioned:
Show Notes:
Join our Florida properties webinar, free,
Nov. 27th at 8:30 PM ET at: www.GREwebinars.com
For access to properties or free help with a
GRE Investment Coach, start here:
Get mortgage loans for investment property:
RidgeLendingGroup.com or call 855-74-RIDGE
or e-mail: info@RidgeLendingGroup.com
Invest with Freedom Family Investments.
You get paid first: Text FAMILY to 66866
Will you please leave a review for the show? I'd be grateful. Search "how to leave an Apple Podcasts review"
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Timestamps:
The housing market stats (00:02:52)
Discussion about the current state of the housing market, including the 45% increase in home prices and the reasons for continued home price support.
Home price appreciation forecasts (00:05:28)
Talks about the predictions for future home price appreciation, with both CoreLogic and NAR expecting a 26% rise in home prices next year.
The impact of older renters (00:10:08)
Explains why older renters are desirable for property owners and landlords, highlighting their lower turnover rate and stability.
The Aging Population and Older Renters (00:11:15)
Discusses the benefits of older renters, such as lower mobility, more savings and income, and low regulation.
US Population Projection and Immigration (00:12:30)
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