Ground Zero for the 2025 Housing Collapse (Watch This City)

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Florida’s housing market is cracking, and signs of a nationwide crash are growing louder. Today, I break down the data, the crash starting in Fort Myers, and how economic shocks like tariffs could make this much worse.

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First mortgages with rates of 8 to 9% and 9% to 10% were common when I bought my first house to live in, which was in Miami in the early 1990s. People will have to come to terms with the fact that we may never get back to 3%. Home prices will have to drop if sellers are forced to sell, and appraisals will drop as a result. I'm very certain that I'm not the only one thinking this.

jeffDwyer
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Purchasing a home is already a very difficult thing to do, unless you pay cash or don’t get a loan from the government. If only my minimum monthly house payment, over the course of 30 years I’ll pay more than double what my home is worth. I purchased before things got crazy so I got a good interest rate. I couldn’t imagine trying to rent or buy right now..

CalebMartinU
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I've been watching the housing market closely, Prices have been skyrocketing for years. It's going to be tough for first-time buyers to enter the market." how can one diversify $280k reserve .

ThomasLuke-uv
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I've lived here my entire life. The dirty secret of Florida is that there is a lot of wealth here, but 99% of it is from somewhere else. That makes for a very fickle economy.

kevin
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My neighbor bought a house that was damaged by a hurricane in 2022. He started to fix it and he was almost completely and the hurricanes last year totally destroyed his home. He’s in his mid 50’s and said he doesn’t have the funds to rebuild nor does he want to for fear of another hurricane. It’s not worth destroying your retirement buying in Florida especially on/near the water

Getthefukouttahere
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It's amazing how the Florida housing market has crashed and yet prices are still at all-time highs...

SDTCAL
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Everything is payment driven
Payments are to high
Cars won’t sell
Houses won’t sell

matthewsmith
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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 or 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 56.

Grace.h-to
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Inspiring. Can’t wait to buy a $400K house for $90K😁

stevedallas
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If a home can double in price in two years it should be able to drop double in same period of time. These are false valuations..At end of day it’s the same house, same location, just older. Some lucked out by the timing, many others are stuck with overvalued homes they will lose money on or certainly not double their investment. Houses should be homes, not investments.

lorihamlin
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I believe the housing market has been highly overpriced. There are different factors. Some of it is more buyers than sellers. People get in bidding wars over a home. Most homes sell within 2 weeks.Then if you want land in the country between the rich folk and China who are paying way too much for property they make it impossible for average people to purchase in the country.

benjamindavidson
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The only folks who think the Florida market is crashing are YT video content creators. 😂

daisiesandchocolate
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Hurricanes, heat and humidity, HOA fees and assessments, and insurance costs are the major reasons why Florida real estate is struggling...

bobgallego
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These videos seem to always forget that it wasnt a housing crash...it was a sub-prime mortgage crash. The current market has nothing to do with pre-2008

steverichardson
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Sunshine and blue water is always on the most wanted list. Florida housing market always recovers quickly and holds value better then any place else

jdfflats
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I’m thinking about buying houses at lower prices in 2025 and maybe putting some money into stocks. But with Trump possibly raising tariffs, I’m not sure if it’s a good time. Some people think the stock market could still do well, while others think tariffs might cause problems. When do you think would be a smart time to invest?

HectorSnipes
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Funny, I went back a few years of your videos and every since 2021 we are in a crash 😂

orlando
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I bought in this area during the ‘08 crash and raised my family here. Some communities here are still recovering from Hurricane Ian. That was 2 hurricanes ago! The condo market is leading the slump with beautiful units in the 200k range, but the condo fees have skyrocketed to over $1000/mo to cover the development’s insurance. Retirees are drowning and dropping asking prices by 100k just to get out. The monthly cost to carry a home has ballooned. But the good news is hurricane season is just 2 months away.

dennisdriscoll
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Homebuilders are saying Texas & Florida need to help homebuyers get homes!
Funny they have the power to build affordable homes but still want huge profits.
A 100 percent rise in prices in less than 10 years is unsustainable!

gilbert
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Let’s not forget that Ft Myers was devastated by Hurricane Ian. Five hurricanes, 3 catastrophic, in 2 years along the entire Gulf coast of Florida. We are in Sarasota, just finished repairs to our house in hopes of selling it. But the homes here are not selling. Been on market for months. The bubble burst in a huge way.

mgariepy
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