Episode Details

Ocala Real Estate & Horse Farms
Visit: Horse Farms Forever
Visit: Billy Woods for Sheriff Endorsed by Senator Rick Scott
Visit: Marion County Sheriff's Office

Sponsored by: Truesdell Wealth, Inc.

Summary

Drudge, Cape Coral Real Estate, Ocala Metro Real Estate, Creeks and Stones, Hwy 200 Two Lane Road, DR Horton, The Villages, Sumter County 466, Marion County 475, Spanish Springs, Leesburg, Lady Lake, Wildwood, Clermont, Boomer Retirees Phase Two, Golf Cart, Amenities, Community Facility, Rule of 72, Rule of 144, Builder Incentives, New Homes, Corporate Ownership of Single Family Homes, Beach Community Insurance, Property Casualty Rates, Buying Down Interest Rate, Local Builders Pushed Out, Village News, Snowbirds, Rural Living, Farms, Trucks, TMZ, Yankeetown, Inglis, Crystal River, Brownwood, Sumter Landing, Billionaires in Marion County, Sheriff Billy Woods, HorseFarmsForever.com, Horse Farms For Ever, Development, Carter's Liver Pills, Carter's Peanuts, Jimmy Carter, Retiree Inflation, First Ten Years of Retirement, Inflation, $100,000 today 19 years later $33,000, Minimum Wage California $20 per Hour, Florida Minimum Wage, $15 Minimum Wage, President Biden, Between Now and the Election, County Commissioners as Realtors, China Unemployment, China Crime, China Flooding, Russia Flooding, Stupid News Headlines, Click Bait,

Unedited Transcription:

SPEAKERS
Paul Grant Truesdell, J.D., AIF, Paul Truesdell, II

Paul Grant Truesdell, J.D., AIF  00:00
It is rather amazing how, a few months, six months at the most, has dramatically changed the housing market here in the Ocala metropolitan area. Yeah, the

Paul Truesdell, II  00:11
number of sales and the pricing and everything is, I would say it's down a little bit, but it's not as tremendous as some other places in the state. Just discussing this interesting article about how places like I believe Cape Coral. article said that year over year, the prices are up 51%. And people are shocked that sales are down some dramatic number and it's taking what is it a 31 more days to sell a house than last year? Oh, and prices are up 51% I'm honestly surprised. That's all it is. I anybody that has a little bit of patience, can see that one. That bubble bursting in a very short amount of time.

Paul Grant Truesdell, J.D., AIF  00:56
Sunday, we had lunch with a couple who had been clients of ours for quite a while. Wonderful human beings. They I'm sure are listening and will say hi to them. Hello, hello. But one of the things I said to them, I said do not go to drudge. Drudge is a godforsaken horrible place to get news. On the other hand, it is an aggregator. The problem is the damn headlines. Oh,

Paul Truesdell, II  01:22
yeah. Yeah. Well, that's that's the Drudge away. Right? You you rewrite the headlines to get people to click? Yeah, clickbait and scale coming back. So, but yeah, it's it's interesting, the home prices in general, like, what is it? I don't know, the current lending rates are, but they are have not come down because, obviously, consequences of the market in the economy continuing to be quite robust. And they can't quite beat inflation. So we're kind of in this like quasi people who are once again talking about stagflation. I don't think it's that severe, considering we're still in single digit, interest rate, low single digit interest rate, and an inflation environment. But so let's call it let's call it baby stagflation. Maybe, maybe that's a word. I'm

Paul Grant Truesdell, J.D., AIF  02:14
not sure what is going to be called it. What I do know is that many years ago, when a couple of retirement communities in the Ocala metropolitan are