Life as we all knew it seems to be getting crazier and crazier. We have a serious shortage of houses which along with a shortage of supplies and labor has made the real estate market even tighter.
It is definitely a seller's market!
But with historically low interest rates and the high demand for rentals - it is still a good time to buy. As liberal states continue their lockdowns, more and more people are coming to Florida hence the high demand for housing in our area.
In fact, there is NO WAY to keep up with inflation unless you have rental properties in your portfolio.
The stock market is up and down and with the shortage of consumer goods and crazy government mandates - it will only continue to be a roller coaster ride for only the bravest and most experienced. Not a place for most people.
A number of people keep thinking that since lumber prices have decreased that the price of houses will come down - sorry, that is not happening. The builders are NOT going to reduce prices.
We understand that a lot of beginners come to our meeting with dreams of wholesaling for big profits or rehabbing for huge gains but the truth is buying and holding is the key to long term wealth.
So come join the discussion on what is happening in real estate.
Call, Text, or Email us:
Camille - 850-692-9449
CamilleDuke2020@gmail.com
Mark - 850-792-5963
FFEngine6@Yahoo.com
