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The Real Estate Market is Slowing, 5.75% Mortgages in Florida

The Real Estate Market is Slowing, 5.75% Mortgages in Florida

Season 1 Episode 476 Published 2 years, 3 months ago
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:

GetRichEducation.com/476

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:

GREmarketplace.com

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"

Top Properties & Providers:

GREmarketplace.com

GRE Free Investment Coaching:

GREmarketplace.com/Coach

Best Financial Education:

GetRichEducation.com

Get our wealth-building newsletter free—

text 'GRE' to 66866

Our YouTube Channel:

www.youtube.com/c/GetRichEducation

Follow us on Instagram:

@getricheducation

Keith's personal Instagram:

@keithweinhold

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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