A Historic Year for SW Florida

Changing paper in Florida happened before both the Great Depression and the Great Financial crisis. History may not repeat exactly, but it mirrors it pretty well. They had done it before during the bank panics of the late 1800s.

Holy smokes that house and their owners have alot of stuff. Wow. All over the yard. Enjoy your $850k purchase on a canal.....

Thanks Ben. Good stuff. I think the lesson learned here is that when the selling environment is such that houses are being sold in a matter of hours, potential buyers are caught in a spiral of outbidding each other, and, you're asked to make major financial decisions under great pressure, perhaps the best thing to do is.....turn around and run away. And don't come back until the hysteria passes. Happy New Year!

Love your video’s Ben. I would like to talk to you about Charlotte County properties. My wife and I want to buy some property, but want to get some honest input before purchasing. You seem to be a very trustworthy, no bullshit realtor.

Oh, and you don't have to do tricks for viewers. Save them for your little one.

The one thing I would do as governor would be heavily subsidizing solar panels for single family homes. They even make ones that look like roof tiles for the ritzy people. AC is like heat in the North, a necessity, but you run your ACs longer than we run our furnaces. It would save almost everyone a ton of money. My Sunday morning 2 cents.

You cover fort lauderdale?

All those wires running to homes looks bad. Poles look like they wouldn’t stand much breeze. Nice climate area, but looks sort of trashy. Is that common, never noticed before?

Happy New Year to you and your family 🍾

Happy New Year to you and your family, Ben. 😊

Back in COVID, I had people stopping at my house and asking to buy it when I wasn’t selling. Now residents in my neighborhood have their homes on the market 7 months before selling.

People were outbidding for rent too. So it made the greed more widespread. Overbidding helped cause inflated prices. So now the owners are crying they either cant get it sold, or cant rent the place out. Surprised they cant get that $2200+ a month rent anymore. Oh well. I see homes here in swfl empty with a rent price for $1400 a month on a 2br house, and its been sitting empty for at least 6 months.

Happy New Year and thank you for providing intelligent content. 2025 is going to be, what it is going to be, we just need you to honestly interpret events.

Florida booms than busts, this one is going to be the biggest ever. There is no large generation of seniors to replace the boomers, the endless faucet of retirees moving to florida is going to dry up.

You are a great honest Realtor keep that way, my freind have a property in Sarasota and the value in 2022 was around of 650 now is around 500, prices are changing.

Best RE agent/videos in all all of SW Florida. Does a great job of just diving into the data. Most RE agents simply aren't like Ben. They are more interested in closing a sale than really helping the buyer or seller. I know if we are ever in the market again in the SW FL area, Ben's our guy!

This is going to get ugly. Throwing money away is no longer affordable.

Thank you Ben, I feel like we bought at just the right time, with your help we are very grateful for your expertise. Happy New Year to you and your family.

What's crazy is that we were helping Home Sellers with Short Sales in Arizona, 20 years ago, as Florida was hit also, from paying too high of prices. It doesn't take much to turn a market and it doesn't need to be sub prime that is the negative factor, especially with all delayed pain we have pushed off artificially by gov stimulus

NE Florida here. I'm seeing a lot of what were AirBnB or short term rentals show up as long term rentals here. We haven't had severe hurricane issues here but houses are sitting on the market for six months or more mainly because they're thinking they can get 2022 prices in 2024. New construction has either stopped or slowed down significantly. I'm happy to see less short term rentals. AirBnB destroy neighborhoods. I used to live a bit further south and had six in my street with three of them being directly opposite with out of State landlords. Often ten people would show up with all their cars/motorcycles, etc., to rent a two bedroom, one bathroom house for the week. It was a nightmare.

Ben has been very honest about what is happening. Great job. God bless you and family.

Happy New Year

Luigi Luigi Luigi- buying his next home in Port Charlotte after he’s acquitted

😊 HIT THE LIKE BUTTON 😊

1st graders...

Merry Christmas and Happy New Year 2025 congratulations on your new baby

I am at the beginning of my "investment journey", planning to put 385K into dividend stocks so that I will be making up to 30% annually in dividend returns. any good recommendation on great performing stocks or Crypto will be appreciated

Thank you Ben!!!!
Happy New Yaar!!

Yep, I can't shop like that, under pressure with no time to think when you are purchasing the biggest most important item pretty much in your life. I went in 2021 and was told to join a wait list so I can get on the real wait list.... um, no thanks.

You know in that canal, there’s definitely some gator waiting for you to put your foot in and then there goes you

Ty

This generation and the advent of social media has made a lot of people to think that everything has to happen NOW. The consequences of NOW has a devastating effect and it applies to the housing market as well. Now that the cool aid drinking is over, some are finally waking up to reality. What goes up ⬆️ will eventually come down ⬇️. Thanks Ben for your candid views on the housing market and I’m watching what 2025 holds.

I really enjoy your videos. I have been watching and following for about a year. Please don’t change the type of content you provide or style. We enjoy it as is and you sound trustworthy and not salsy

The rent is too damn high!

Your motivation for buying a home is important. If you need a home to live in long-term then just about any time is a good time to buy. However, if you're an investor then watch out below. The market has always had ups and downs and those in it for the long haul rarely lose money in absence of a financial crisis like losing a job or family issues. My concern these days is the giant investors that can take the bumps buying up properties to turn into rentals—that is a new thing for the past few years. I lived in north Texas(Plano) and saw how investors from China came in and were buying 40% of the homes on the market as rental investments and it had a detrimental impact on those communities. I see the same thing happening in Florida. Once we got away from having a family home the predictability of the housing market has become insane. I don't want to live in a neighborhood full of rentals but the reality is that is the direction. As far as 2025 goes? I don't have a clue. However, this insurance mess is likely to be a big issue going forward and as I stated before, who can afford to self insure? the big investors...

Ben, you do a phenomenon job of articulating the market conditions. If more agents were like you instead of just market cheerleaders, our industry would have a much better reputation. Keep up the awesome work in 2025!

Ben I'm still not convinced there is a trend with the hurricane woos. There has always be a tropical storm or hurricane event. Its been very helpful tuning in this year and I know better things will come. SW Florida is a great place. Happy New Year.

That's was the thing back in 2004-2007, selling paper contracts to another buyer. We all know the outcome. 2025-2030 will be the years of decline. Credit card maxed out, stores are closing. Real estate is slow process for the most part.

Interest rates are still 7.11 so not sure what you mean by in 2024 they were as high as 7 percent. Everytime the FED cuts interest rates mortgage rates go up now. I wouldn't be surprised to see mortgage rates at 8 percent by the end of 2025.

The 2025 Looks very promising. It's a lot of miss information going around.

Happy New Year!

Great video again, Are we getting a better 2025 or worse in Florida? Real estate has become a joke and homes are not worth what they are asking, not even close. If people are expecting people to move in again, good luck to them, it will not happen. People who go into biting wars are the dumbest people in history, Never do that walk away, why are you giving your money to these crooks and liars. they want to sell they need your money not the other way around. THINK PEOPLE always have another home around the corner.

Love this channel because I'd like to retire in the area and Ben tells the truth.

Give yourself a pat on the back for 2024 real estate coverage! Looking forward to hearing more from you in 2025.

Happy New Year and have a blast with your new baby! He has been training you to make it to midnight tonight! 🎉 God bless!! From Ocala ❤

Doing single day and single property buyer agreements is a great idea, and one thst you should heavily advertise!

It would be interesting to periodically hear about the current price of building new (minus the land cost) as a comparison to existing properties up for resale.

It would also be good to talk about how long "new construction" can reasonably be called that before it wears off and essentially becomes part of the resale housing stock from a market perspective.

Yes, a Long Run 🏃‍♂️ for AMERICA 🇺🇸 as a hold.

How it was.

We have started looking in this exact area!

My advice to everyone is this : if you want to grow big this year 2025 especially in your finances. Be willing to take risks. Saving is great but taking risks puts you on a pedestal where you wouldnt have to worry about savings as you do now. Thanks to Mrs Helena Crouse, my portolio is doing really great and im proud of the decisions i made last year