Wall street investors are liquidating houses at big discounts in Florida.

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Blackstone continues to sell houses in Florida. This house in Wesley Chapel is being listed a $75,000 loss from what Blackstone purchased it for in 2022.

The entity selling the house is SFR Acquisitions 2, LLC, which is owned by Home Partners of America, who is owned by Blackstone. One has to wonder what this Wall Street investor selloff is going to do to the housing market in Florida, with inventory levels already skyrocketing.

Could home prices drop significantly in markets like Tampa, Orlando, Naples, and Miami due to this investor selloff? We'll have to monitor the housing market and mortgage rates in future months to find out.
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4th house I've found that Blackstone is selling.

What's consistent among the locations? Skyrocketing inventory. Below are the ZIP codes and associated inventory growth YoY of the Blackstone selling locations.

33545 Wesley Chapel: +87.9% inventory growth YoY
34221 Palmetto: +67.6%
33709 St. Petersburg: +70.9%
34205 Bradenton: +61.7%

Seems like they're targeting high inventory growth markets with slowest rental activity. Access the data on inventory for your area to see if there's a selloff occurring on Reventure App: www.reventure.app

ReventureConsulting
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There's no shortage of homes just overpriced houses!

SportsAll-kwvm
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Corporations owning single family homes should be illegal

ryanclw
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75k isn’t enough, knock off another 200k.

robertmcgee
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I remember in 2007 when I was working in real estate seeing people buy homes new from builders with the intention of selling before close of escrow to a new buyer for profit. The crash was so brutal and fast that I remember seeing a lot of these units foreclosed on with the builder plastic still on the carpet.

PorterWunt
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Jacked up all the prices and realized the local population can't afford it. F those people

charleshart
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The housing market is inflated and oversaturated with homes being on the market with astronomical price tags just stagnant for months. It is very clear that our generation will be likely one of the most devastating bubble pops in modern history. Seeking best possible ways to grow 250k into $1m+ and get a good house for retirement, I'm 54.

tatianastarcic
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Reminds me of the saying, "Be nice to the people on the way up because you're going to meet the same people on the way down.

Chirtopher-xe
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That's great. I would not want to see anything else but Blackstone lose their asses on all these houses they bought. If there is anything that contributes to the terrible rise in house prices, it is a company like Blackstone that go into many neighborhoods and buy up all available houses only to rent them out. I'm still waiting for legislation that prohibits companies from buying residential properties.

markquitoshammeritos
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Also another thing that’s in mentioned is how bad the quality of these new homes are, it’s ridiculously bad for 400k plus

Jayy
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The investors made a tremendous impact on homes back in 2021, 2022 here in Florida glad to see that Wall Street investment firms are lossing their shirts!

SportsAll-kwvm
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Those basic cookie cutter style cheaply built houses in Wesley Chapel are way over priced and they look horrible. No classic building styles. Ridiculous.

samueladams
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Honestly after relocating to Florida, I am no longer interested in buying here. Thanks for being on top of this as always!

meriemdjouini
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Because so many people overpaid for homes even while loan rates were low, I believe there will be a housing catastrophe because these people are in debt. If housing costs continue to drop and, for whatever reason, they can no longer afford the property and it goes into foreclosure, they have no equity since, even if they try to sell, they will not make any money. I believe that many individuals will experience this, especially given the impending mass layoffs and rapidly rising living expenses.

ryan_dylan
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Lay offs are picking up everywhere. I would stay away from all debt possible

marksgoogle
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I’m a pensioner and looking forward to investments like real estate any advice or tips I could use?…anyone?

Wellington-
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I think it's time to make it more appealing for potential buyers. Real estate can be quite the rollercoaster! the stress and uncertainty are getting to me. I think I'll cut rents to attract potential buyers and exit the market, but i'm at crossroads if to allocate the entire $680k liquidity value to my stock portfolio?

RaymondcrawRaymondCrawley
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By September of 2026, you better believe that houses will be back to 2013 prices.

TimeToBeKind
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Blackstone selling a $100, 000 home for $415, 000, wow im on my way to buy it, 😂😂😂😂

Esperia-efxh
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Holy Moly! Those houses are packed in there tight. Who wants to live that close to anyone?! Nothing like smelling your neighbors, their pets, and their funky cooking. Good luck finding a descent neighbor you actually like.

keha