Ben Grieco
Ben Grieco
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Local Condos Crushed | Florida Prices Rise | Tampa Tops
It is a Mixed Bag in The Florida Housing Market as reflected in the most recent data released by the Association of Realtors. Sarasota supply tightens, Lee County prices drop, Local Condo prices are in absolute free fall, and more.
#realestatenews #floridarealestate #housingmarket
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👇 Let me know your thoughts in the comments below
Florida Stats Source:
www.floridarealtors.org/tools-research/reports/florida-market-reports
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Ben Grieco
Broker Associate
Call/Text: 845-674-5290
Email: BenFloridaAgent@gmail.com
SL# 3330499
Coldwell Banker Sunstar Realty
2825 Tamiami Trail, Punta Gorda, FL 33950
Thank you all for watching! Please "LIKE" the video and subscribe!
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#realestateupdate #realestate #floridahousingmarket #housingmarketupdate #rental #floridahousing #englewood #swflrealestate #realestateagent #charlottecountyfl #northport #housingcrash #marketcrash #recession2024 #recession #homesales #affordability #mortgagerates #mortgages #puntagorda #housingcrisis #homeprices #realestateagents #housing #housingbubble #floridainsurance #insurancerates #shorttermrentals #florida #floridahousingprices #sarasotarealestate #housingcrash #marketcrash #rentalproperty #investmentproperty #housingcrash2024 #capecoral #blackswan #propertyinvestment #homeprices #listings #leecounty #propertymarket #walkandtalk #orlando #federalreserve #naplesrealestate #miamirealestate #tamparealestate #westpalmbeach #jacksonvillerealestate #lakewoodranch #condo
Florida, housing market, housing market 2024, real estate, real estate news, real estate update, Florida housing market, Florida real estate market, Florida agent, Florida condos, homeowners associations, Southwest Florida, Port Charlotte, Punta Gorda, Englewood, recession, housing inventory, Condominiums, miami, Tampa, home prices, Sarasota, investment properties, property Market, home prices, housing prices, housing crisis, move to florida, moving to Florida, Florida living, Florida real estate agent, housing data, housing stats, real estate investing, Airbnb, vacation rentals, short-term rentals, multi-family housing, housing crash, housing market crash, housing market news, housing market updates, market crash 2034, housing 2024, Insurance rates, mortgage rates, mortgage, mortgages, home prices, home Inventory, moving to Southwest Florida, home loans, cash buyer, real estate investment, investment property, rental property, income property, real estate investing, real estate investor, market update
DISCLAIMER: This UA-cam channel is intended for entertainment purposes only. The owner of this channel, Ben Grieco, makes no representations as to the accuracy of any information on this site, contained within the video, or available in comments. Ben Grieco is not a licensed financial advisor and the views represented are not financial advice nor legal advice. Please consult a financial or legal professional before investing. The information on this channel does not substitute consultations with local real estate agents, mortgage brokers, insurance brokers, financial advisors, and/or lawyers. The information provided is subject to change. The use of the internet and digital methods for communications with Ben Grieco such as e-mails does not establish a formal business relationship.
Переглядів: 16 099

Відео

SW Florida Price Cuts are INSANE
Переглядів 24 тис.14 годин тому
Southwest Florida is seeing some truly mind blowing price cuts. Were these homes listed too high or is this a sign of a new shift in the area's housing market heading through 2024? #realestatenews #floridarealestate #housingmarket ✅ Please Subscribe: ua-cam.com/channels/n_JxI0Yme2No89FpA5ifYQ.html Buy me a coffee to support the channel: www.buymeacoffee.com/bengrieco85 👇 Let me know your though...
Florida's Condo Catastrophe Grows | Builders Bully Buyers | The Divide Widens
Переглядів 59 тис.День тому
Some Florida Condo owners may soon find themself homeless as HOA fees mount and foreclosure looms. Now out of season, some builders with left over inventory are pressuring buyers to leap before they look. #realestatenews #floridarealestate #housingmarket ✅ Please Subscribe: ua-cam.com/channels/n_JxI0Yme2No89FpA5ifYQ.html ☕Buy me a coffee to support the channel: www.buymeacoffee.com/bengrieco85 ...
Crazy Florida Sellers | Zillow Wages War on Buying Agents | Investors Still Lurking
Переглядів 30 тис.14 днів тому
There is a lot to cover this week in the Southwest Florida Housing Market and some moves by Zillow could have nationwide effects. #realestatenews #floridarealestate #housingmarket ✅ Please Subscribe: ua-cam.com/channels/n_JxI0Yme2No89FpA5ifYQ.html ☕Buy me a coffee to support the channel: www.buymeacoffee.com/bengrieco85 👇 Let me know your thoughts in the comments below Ben Grieco Broker Associa...
SW FLORIDA'S RENTAL MARKET MELTDOWN
Переглядів 8 тис.14 днів тому
Mulit-Family Vacancies are skyrocketing across Southwest Florida as asking rents continue to decline. Areas from Sarasota to Naples are seeing alarming price drops as vacant units pile up, leading many to wonder if the rental market is about to crash? ✅ Please Subscribe: ua-cam.com/channels/n_JxI0Yme2No89FpA5ifYQ.html 👇 Let me know your thoughts in the comments below 👇 ERES LINK: www.erescompan...
Florida Leads The Nation In Price Drops
Переглядів 7 тис.21 день тому
Florida’s Housing Market once again leads the nation in price reductions. In what is becoming a continuous trend, Southwest areas such as North Port and Tampa are taking the top spots. It is not only homes as land and condo listings are also piling up, causing some new construction projects to cut their prices by almost 30%! #realestatenews #floridarealestate #housingmarket ✅ Please Subscribe: ...
Florida Housing Market Update - Homes and Condos
Переглядів 5 тис.28 днів тому
Even with a strong selling season, Florida home listings continue to climb month after month. Sales are declining and many areas are seeing drastically different buying conditions. Today we canvas the state, southwest Florida, and some major cities to see the current trends. #floridahousingprices #realestatenews #homeprices ✅ Please Subscribe: ua-cam.com/channels/n_JxI0Yme2No89FpA5ifYQ.html Buy...
Will Prices EVER COME DOWN?
Переглядів 3,1 тис.Місяць тому
The Housing Market is back on the precipice of 8 percent mortgage rates yet home prices still seem unrelenting for many. Inflation now has the potential to come roaring back as the cost of living continues to skyrocket for most Americans. Is Stagflation on the horizon or is it already here? #mortgagerates #inflation #realestatenews ✅ Please Subscribe: ua-cam.com/channels/n_JxI0Yme2No89FpA5ifYQ....
Sarasota's Market Shift Has Arrived
Переглядів 6 тис.Місяць тому
Southwest Florida's Housing Market Continues to evolve as inventory grows. Today I am joined by Siesta Key expert Real Estate Agent Ryan Vlasic to discuss the changes he is seeing on the Key and surrounding areas. You can reach Ryan below at: ryanvlasic.com/ #siestakey #floridarealestate #housingmarket ✅ Please Subscribe: ua-cam.com/channels/n_JxI0Yme2No89FpA5ifYQ.html Meanwhile, local Real Est...
What is going on in SW Florida?
Переглядів 11 тис.Місяць тому
Southwest Florida's Housing Market is flipping data on its head as traditional economics gets laughed out of the building. Meanwhile, builders offer some questionable financing options and previous rate buy down holders banking on a refinance now face interest rates at higher for longer. #realestatenews #floridarealestate #housingmarket ✅ Please Subscribe: ua-cam.com/channels/n_JxI0Yme2No89FpA5...
SW Florida is OUT OF CONTROL
Переглядів 37 тис.Місяць тому
Southwest Florida's Housing Market is going mad in a variety of ways as listings with "Motivated Sellers" explode. Interest rates continue to climb creating a buyer divide nationwide. Now price drops in Punta Gorda have surged into the stratosphere while agents beg for offers right in the listing description. Meanwhile, North in Sarasota, Prices continue to climb in spite of declining sales. #r...
FLORIDA'S CONDO CRISIS CONTINUES
Переглядів 17 тис.Місяць тому
Florida's Condo Crisis continues as new laws are set to take hold in the next few months. Owners facing massive assessments are rushing to the exits to avoid the coming onslaught of fees and payments. Meanwhile, buyers are now more cautious then ever as the news of insurance and association problems has gone mainstream. #realestatenews #floridarealestate #housingmarket ✅ Please Subscribe: ua-ca...
CASH BUYERS Have Returned?!
Переглядів 4,8 тис.Місяць тому
Guess who's back? Back again? The Cash Buyers across the nation, as the percentage of closed home sales without financing almost hits all time highs. While there has been a money infusion in some areas of Southwest Florida, others such as North Port have watched the trend reverse, and even large cities like Tampa and Orlando seem to have investors on the ropes. #realestatenews #floridarealestat...
Florida's Insurance Crisis Continues
Переглядів 8 тис.Місяць тому
Florida's insurance crisis continues to persist with little hope for residents in the short-term. Insurance rates have hit eye watering numbers in some areas of the state, taking its toll on the housing market state wide. #realestatenews #floridarealestate #housingmarket ✅ Please Subscribe: ua-cam.com/channels/n_JxI0Yme2No89FpA5ifYQ.html Meanwhile, local Real Estate Agents say now is the time t...
FLORIDA INVENTORY JUMPS | BUILDING PERMITS EXPLODE | NORTH PORT SALES FALL
Переглядів 4,6 тис.Місяць тому
New Construction seems set to continue strong in SWFL as building permits in my county jump year over year. Even with all of the new builds, North Port Florida saw a surprising sales drop year over year and the State as a whole has now returned to 2020 levels of single family housing inventory. #florida #floridarealestate #floridahousingprices #northport #realestate ✅ Please Subscribe: ua-cam.c...
FLORIDA MLS HAS ITS LOWEST SALES IN YEARS - CHARLOTTE COUNTY SOARS
Переглядів 3,9 тис.Місяць тому
FLORIDA MLS HAS ITS LOWEST SALES IN YEARS - CHARLOTTE COUNTY SOARS
SWFL Housing Market Update April 2024
Переглядів 9 тис.Місяць тому
SWFL Housing Market Update April 2024
Cape Coral Florida Kicking Off the Housing Crash?
Переглядів 9 тис.Місяць тому
Cape Coral Florida Kicking Off the Housing Crash?
NORTH PORT FL Homes for Sale EXPLODE
Переглядів 12 тис.2 місяці тому
NORTH PORT FL Homes for Sale EXPLODE
Housing Deals and Steals in Southwest Florida?
Переглядів 13 тис.2 місяці тому
Housing Deals and Steals in Southwest Florida?
I GOT FIRED - TWICE!
Переглядів 7 тис.2 місяці тому
I GOT FIRED - TWICE!
Florida Takes Aim at AirBnb
Переглядів 9 тис.2 місяці тому
Florida Takes Aim at AirBnb
FLORIDA'S HOUSING MARKET TURNS
Переглядів 31 тис.2 місяці тому
FLORIDA'S HOUSING MARKET TURNS
Florida Condo MAYHEM
Переглядів 9 тис.2 місяці тому
Florida Condo MAYHEM
New Construction DISRUPTING Florida's HOUSING MARKET
Переглядів 11 тис.2 місяці тому
New Construction DISRUPTING Florida's HOUSING MARKET
Florida Housing Market Update
Переглядів 11 тис.3 місяці тому
Florida Housing Market Update
SW Florida's Market SHIFT Continues
Переглядів 15 тис.3 місяці тому
SW Florida's Market SHIFT Continues
Condo Inventory EXPLODES Across SW Florida
Переглядів 67 тис.3 місяці тому
Condo Inventory EXPLODES Across SW Florida
Florida Residents are Getting CRUSHED
Переглядів 91 тис.3 місяці тому
Florida Residents are Getting CRUSHED
HOUSING MARKET BOMBSHELLS with Real Estate Mindset
Переглядів 2,9 тис.3 місяці тому
HOUSING MARKET BOMBSHELLS with Real Estate Mindset

КОМЕНТАРІ

  • @unlisted8042
    @unlisted8042 10 хвилин тому

    459 W Retta Esplanade, Punta Gorda, FL 33950 599,000 now. 91k dollar drop since you posted this.

  • @briand2614
    @briand2614 Годину тому

    Inventory in Cape Coral has increased significantly. There are currently around 3500 homes and condos on the market, and about 2300 lots. Insane and increasing. The number of lots is interesting, suggesting speculators and or developers are bailing out.

  • @barberdoug6930
    @barberdoug6930 Годину тому

    Thanks To DeSantis And His Republican Henchmen. You Voted Them In Office. Tuff Shit For You.

  • @user-le4nd9bu5x
    @user-le4nd9bu5x 2 години тому

    Capitalism at it's best maximize profit screw the people

  • @douglashughes2331
    @douglashughes2331 3 години тому

    The reason why the news about the condo situation is not effecting sales and prices is because people are not paying attention and not doing their due diligence.

  • @tdhoang
    @tdhoang 6 годин тому

    Good luck with getting house insurance!

  • @debbi555
    @debbi555 6 годин тому

    My Ft Lauderdale condo fees went from $400 to $1,000 and expect another raise soon. On top of $35,000 assessments last two years. And our seawall in a mess and needs to be raised per new laws.

  • @HistoryRepeats101
    @HistoryRepeats101 6 годин тому

    You do a phenomenal job covering the market. If I ever considered FL you’d be my realtor. I’m a numbers person so your videos resonate with me.

  • @michaelkusinski4610
    @michaelkusinski4610 7 годин тому

    Ben I’m thinking of moving to Cape Coral or Punta Gorda / North Port What’s up with these new builds that are just sitting while they’re building more every day? Can I come in with a reasonable low ball offer or are they going to try to do other work arounds to keep the list price up?

  • @chrisdixon8179
    @chrisdixon8179 7 годин тому

    I would like to see single level condo sales vs the multi floor condo sales. Insurance is up for everyone and yes, when the value of your real estate doubles..so does your insurance. Problem is real life is catching people off guard. Near zero intrest rates are gone for now...just like the boat and 2nd car you thought you could afford.

  • @mikem4432
    @mikem4432 8 годин тому

    Averages and mean does not mean squat. You should be running away from Florida, Texass, south in general.

  • @mikem4432
    @mikem4432 8 годин тому

    People buying old condo.. fools and their money are soon parted.

  • @stephtraveler7378
    @stephtraveler7378 8 годин тому

    Real Estate has about a 2% return over the long term. (You will never hear anyone in that business state that fact) Carrying cost are really what Ben is talking about and they are going through the roof. Most people in RE ignore carrying cost in their off the cuff ROI on RE investments....But, he's right, prices on carrying costs are skyrocketing. Its not just a Florida issue,, but Florida is seeing the insurance hit due to reality of living in the subtropics. Meanwhile, treasuries are paying nearly 5.5%. That's where your cash should be...

  • @littlebitmckee8234
    @littlebitmckee8234 22 години тому

    Thank you!

  • @donbush9091
    @donbush9091 День тому

    Scams

  • @coreymichelle408
    @coreymichelle408 День тому

    I don’t think a Condo is ever a good option. You don’t really own a CONDO.

  • @susanhiggs6873
    @susanhiggs6873 День тому

    DeSantis focuses on taking rights away.

  • @RicViperskylogs
    @RicViperskylogs День тому

    Anyone buying a condo today is impatient. Dont get wrecked.

  • @Mike-zp2dt
    @Mike-zp2dt День тому

    How are these stats saying housing is up in miami… my developer friend has a house he could’ve gotten $8m for in 2022 and now he’s begging for $5m. Feels like they’re making shit up

  • @user-rk8zc7xn6k
    @user-rk8zc7xn6k День тому

    Prove that the condo assoc. HAS correct figures. Why are their figures going up ?

  • @scotth5357
    @scotth5357 День тому

    Florida will be for the wealthy only.

  • @WalkerOne
    @WalkerOne День тому

    This is what true democracy looks like. Each one of the owners voted for these HOA.

  • @dougsheldon5560
    @dougsheldon5560 День тому

    Hope they weren't foolish enough to put 20% down.

  • @lulabellegnostic8402
    @lulabellegnostic8402 День тому

    Never buy a new build in a location where the builder has phased development. You could be undercut for years to come. A commodity is only worth what it’s worth to someone else, ie, what it can be sold for.

  • @lulabellegnostic8402
    @lulabellegnostic8402 День тому

    Just wait til the consequences of rebar concrete construction in a marine environment catches up with the whole of the Florida coast.

  • @stoveguy2133
    @stoveguy2133 День тому

    I installed equipment in Mayo Florida? Where the hell is that? Cheap houses I bet. NOTHING is there

  • @harrywilson945
    @harrywilson945 День тому

    Whoever this Gieco guy is, it's clear he doesn't have a clue about how basic economics work. HOA fees sky rocket to cover repairs for bldg conditions that no doubt had been deteriorating for years even decades thanks to ownership who vote NO for repair/maintenance assessments/increases. When Surfside collapsed, the owners (the ones who survived) sadly had only themselves to blame.

    • @daveymcc1421
      @daveymcc1421 15 годин тому

      Wrong, the majority of HOA fees are misused, and then the boards come for more money. Maybe the HOA boards should be flatlined.

  • @Flies2FLL
    @Flies2FLL День тому

    I'm just glad our "governor" is busy keeping us safe from all these transgender teenage athletes and all those dangerous liberal textbooks rather than waste his time worrying about teensy little problems such as rampant gun violence or the collapse of homeowners insurance in Flori-Duh....

  • @user-jv9js3ls5t
    @user-jv9js3ls5t День тому

    Buying under . H.O.A. can be a big mistake . Read the fine print carefully . 😮😢

  • @threehoursofsleep
    @threehoursofsleep День тому

    Financial planning, like navigation, requires knowing your destination. James Clark's guidance provides clarity in uncertain markets.!!

    • @DiegoRaphael-xw5dl
      @DiegoRaphael-xw5dl День тому

      Successful investment starts with clear goals and risk assessment, often best done with a financial advisor's help.

    • @AseoLimpieza
      @AseoLimpieza День тому

      With Bitcoin ETFs gaining popularity, some predict the price might reach $100k. Should I consider investing my $500k cash savings now, or have I missed the optimal time for potential gains?

    • @semendx
      @semendx День тому

      I recently sold half my tech stock holdings due to all-time highs, leaving me with $400k. Should I invest in ETFs now or wait for a market correction considering potential inflation?

    • @gusforrester
      @gusforrester День тому

      James Clark's market insights have consistently led to profitable decisions.

    • @isttaattat
      @isttaattat День тому

      Celebrating a $30k stock portfolio today from a $6k start. Investing wisely has given me time for family and future plans.

  • @ge3466
    @ge3466 День тому

    u get more views if people see your eyes .....shades make u look untrustworthy ....but whatt do i care suit yourself Einstien

  • @johnlibonati7807
    @johnlibonati7807 День тому

    On my street in Rotonda West, it seems full timers are selling and snowbirds are buying. Is this what you are seeing?

    • @bensellin
      @bensellin День тому

      I have a decent mix of buyers planning to live either full or part time. A lot of old timers leaving the area though. Hurricane and the process following seems like it was just too much for them.

  • @bdflavors1347
    @bdflavors1347 День тому

    why do all you florida guys have to walk??? it's so annoying... just do the video...PLEASE

  • @davidsiebert5860
    @davidsiebert5860 День тому

    Cape Coral doesn’t have sewers in most areas narrow roads without lighting. Poorly plan community.

  • @robolgatree5815
    @robolgatree5815 День тому

    Definitely moving back IF things change. Thanks Ben, long time subscriber.

  • @cm467
    @cm467 День тому

    People are trying to park their cash money. Historically it is done in gold or real estate. People choose real estate.

  • @davecohn6407
    @davecohn6407 День тому

    A simple question Are condo prices still above their 2019 prices . Given that monthly HOA Fees are far above their 2019 levels (even not including special assessment HOA ) and given that property taxes and property insurance has soared since 2019 , condo prices should be FAR below their 2019 levels. While single family houses usually do not have HOA fees , property taxes and property insurance have soared . This means much lower prices than 2019.

    • @bensellin
      @bensellin День тому

      Yes condo prices are still far above the 2019 levels. I follow what you mean though. Could be an outcome since the carrying costs are so much higher now, people also have more money though. We will see.

  • @josephlugo5707
    @josephlugo5707 День тому

    Always great advice. Thanks Ben.

  • @Sunlover42
    @Sunlover42 2 дні тому

    I’m guessing prices are up in Florida because the high end cash sales are selling better than the more affordable homes rather than actual home values rising. Some of it obviously is seasonal.

  • @johnkatrich2954
    @johnkatrich2954 2 дні тому

    Is Heritage Landing a good community?

  • @PianoMatronNeeNee
    @PianoMatronNeeNee 2 дні тому

    Awesome video Ben. I always look forward to your new videos. Really well done 👍. Thank you for sharing ❤

  • @ge3466
    @ge3466 2 дні тому

    Dude u aint a rock star...lose the glasses...u look silly

  • @Christine-or3lm
    @Christine-or3lm 2 дні тому

    I am hearing more of 'crush sales' team from the builders.

  • @lakeguy65616
    @lakeguy65616 2 дні тому

    take your sunglasses off. People don't trust someone when you can read their eyes.

  • @katmcpheestlfan
    @katmcpheestlfan 2 дні тому

    Ben, why are the houses in Waterford not selling and when they do they're after price slashing and taking a long time to move? My house value keeps going down on Zillow in Waterford Estates, dropping like a rock.

  • @shutch3849
    @shutch3849 2 дні тому

    I’m guessing the stock market is keeping prices up overall. People are cashing in on big capital gains to buy overpriced real estate.

  • @user-br2zp3bk6f
    @user-br2zp3bk6f 2 дні тому

    Thanks for another good video. Beautiful pool on the walk thru of the house.

  • @davidmann2524
    @davidmann2524 2 дні тому

    I live in St Pete these days before I bounce abroad. Walk my dog a lot. I imagine that the market is super bifurcated. I walk my dog around South St Pete near the golf course and I see lots of super nice new builds going up in the nicer neighborhoods, but in the rougher ones I see the same for sale signs up for half year now at least

  • @RedtideFla
    @RedtideFla 2 дні тому

    I'VE LIVED IN SARASOTA, CHARLOTTE COUNTY AREA FOR 28 YRS. YOU COULDN'T GIVE ME A HOME IN NORTH PORT. THE WHOLE CITY IS BASICALLY A DEED RESTRICTED COMMUNITY. HAVE TO HAVE PERMISSION TO REMOVE TREES AND REPLACE WITH SOMETHING ELSE, ETC. THE COPS,,,, THE COPS. DEPUTY DUMBASSES. HAD ALL MY EQUIPMENT STOLEN AND TOOK OVER 4HRS AND A LAWSUIT THREAT JUST TO GET A POLICE REPORT. BUTYOUR TAILLIGHTS BETTER WORK, AND YOU BETTER BE PREPARED TO LIVE UNDER A NAZI RULE.THEN THERE'S THE CONSTANT RAIN AND SWAMP SMELL. ON AND ON AND ON

  • @RachelCunningham-ut9ks
    @RachelCunningham-ut9ks 2 дні тому

    What weirdos on that sales team. Ew