A Historic Year for SW Florida

Поділитися
Вставка
  • Опубліковано 2 січ 2025

КОМЕНТАРІ • 114

  • @spinecat
    @spinecat 5 днів тому +25

    You are by FAR the best Florida RE UA-camr. Thank you.

  • @willamfrench5058
    @willamfrench5058 5 днів тому +11

    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!

    • @bensellin
      @bensellin  4 дні тому

      That's really kind of you!

  • @meropee9994
    @meropee9994 5 днів тому +14

    I like your channel. Im not in the market, but i think real estate is a pretty good indicator of how the rest of the local economy flows. I like the non BS approach.

    • @bensellin
      @bensellin  4 дні тому +1

      Appreciate the feedback!

  • @Joe-ij7vi
    @Joe-ij7vi 5 днів тому +5

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

  • @ESamuelson-r2e
    @ESamuelson-r2e 5 днів тому +14

    2025 is going to be interesting in SW FL😮

  • @joemartino6976
    @joemartino6976 5 днів тому +5

    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!

    • @bensellin
      @bensellin  4 дні тому +1

      I told a few people to do exactly that. Happy New Year!

  • @robbybaggio4007
    @robbybaggio4007 4 дні тому +2

    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

    • @bensellin
      @bensellin  4 дні тому +1

      Thanks! My goal is to keep it real!

  • @jeaninekelly4271
    @jeaninekelly4271 3 дні тому

    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 ❤

  • @terrymorgan1623
    @terrymorgan1623 5 днів тому +4

    Thank you for all the info this year, I have learned a lot from your channel 👍

  • @RobOlgatree
    @RobOlgatree 4 дні тому +1

    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.

  • @jamesoleary1844
    @jamesoleary1844 4 дні тому +1

    Happy New Year!

  • @ld9044
    @ld9044 5 днів тому +2

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

    • @bensellin
      @bensellin  4 дні тому +1

      Thank you, same to you!

  • @kerryharvey6365
    @kerryharvey6365 5 днів тому +3

    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.

    • @bensellin
      @bensellin  4 дні тому +1

      That is exactly what I started seeing here in the southwest region before the storms. I suspect if it follows suit they will not be able to rent those long-term and they will hit the market.

  • @madeleineaudette1586
    @madeleineaudette1586 5 днів тому

    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.

    • @bensellin
      @bensellin  4 дні тому +1

      You're very welcome! Happy New Year to you as well!

  • @jakealt6611
    @jakealt6611 4 дні тому

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

    • @bensellin
      @bensellin  4 дні тому

      You too! Hope it's a great one!

  • @cherylcampbell7495
    @cherylcampbell7495 5 днів тому +1

    Happy New Year Ben and your family🇺🇸

  • @booboolips6053
    @booboolips6053 5 днів тому +4

    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.

    • @allanbauer4076
      @allanbauer4076 5 днів тому +2

      The amount of stupid people amazes me. Overpaying massively for homes. We will see very soon huge amounts of homeowners under water on their mortgages.

    • @bensellin
      @bensellin  4 дні тому

      A wild reversal for sure

  • @BradMVanBuren
    @BradMVanBuren 5 днів тому +1

    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.

    • @allanbauer4076
      @allanbauer4076 5 днів тому +1

      My advice is to make a very low offer on any property you look at. Your first offer should seem insulting but who cares. You are making a business transaction not trying to make friends.

    • @bensellin
      @bensellin  4 дні тому

      I appreciate that. Give me a call sometime!

  • @dreyes8948
    @dreyes8948 5 днів тому

    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.

  • @josephlugo5707
    @josephlugo5707 5 днів тому

    Happy New Year to you and your family 🍾

  • @cjjohnson4231
    @cjjohnson4231 5 днів тому

    Thanks for all the great content Ben! We started building in Sarasota in 2018 and your content has been on target. We have lived thru it and not moving anytime soon although costs are up but more than offset by valuation. The market appears to be shifting to communities away from beach/coast excluding the ultra wealthy who want to be on the beach. Congrats on the new baby and Happy New Year!!

    • @bensellin
      @bensellin  4 дні тому

      Thanks, appreciate that! It's been a wild ride

    • @bensellin
      @bensellin  4 дні тому

      Happy New Year!

  • @rubyannr6898
    @rubyannr6898 5 днів тому +3

    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.

  • @susanheath7849
    @susanheath7849 5 днів тому

    Happy New Year

    • @bensellin
      @bensellin  4 дні тому

      Happy New Year to you too!

  • @jeremyjedynak
    @jeremyjedynak 3 дні тому

    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.

  • @davidmajer3652
    @davidmajer3652 5 днів тому

    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.

  • @jeremyjedynak
    @jeremyjedynak 3 дні тому

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

  • @SeeCopsLie
    @SeeCopsLie 5 днів тому

    Good to be a buyer agent.

  • @user-st7sz6xg2c
    @user-st7sz6xg2c 5 днів тому

    Nice work man

  • @gregmotyka4
    @gregmotyka4 4 дні тому

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

  • @ryanvlasic1849
    @ryanvlasic1849 4 дні тому

    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!

    • @bensellin
      @bensellin  4 дні тому

      Thanks Ryan! Always appreciate your honesty as well brother and hope you keep killing it in 2025!

  • @SWFL-BOK
    @SWFL-BOK 4 дні тому

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

    • @bensellin
      @bensellin  4 дні тому

      Thanks so much! You too!

  • @davidduty8199
    @davidduty8199 4 дні тому

    Ty

  • @s99614
    @s99614 4 дні тому +1

    The rent is too damn high!

  • @jonathantaylor6926
    @jonathantaylor6926 5 днів тому +2

    For around 18 months the "asking price" was more accurately "The opening bid". It was, without a doubt, the hottest most insane real estate market is human history and that is not an exaggeration. Short of oil being discovered or some other anomaly RE has never seen anything like it, and it was basically national. My buddy sold at the peak and had 17 offers in 30 hours.

    • @gsten2116
      @gsten2116 5 днів тому

      There was a similar bubble in 1475 Egypt.

    • @bensellin
      @bensellin  4 дні тому

      Yeah that's a good way to put it. Crazy market.

  • @markmcfarren1854
    @markmcfarren1854 5 днів тому +1

    great year your videos love them one of your follewers gave me hard time on spelling and not makeing proper sentcnces he was a real ass

  • @capnkirk5528
    @capnkirk5528 5 днів тому +1

    I found myself needing to buy in the early part of that market. The other option was homelessness, which really wasn't attractive. I bought JUST before Christmas when the market was less crazy because of the holiday, and made a cash offer with no conditions. Even if the market completely crashes, I only stand to be at risk about 20% (currently UP 50%) bur I would ONLY move if my circumstances changed dramatically.
    I blame the untempered GREED of the RE industry for some of the craziness that has gone on in the past few years.

  • @joyh3086
    @joyh3086 3 дні тому

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

  • @Gufenaugh
    @Gufenaugh 5 днів тому +2

    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?

  • @gregoryward4521
    @gregoryward4521 День тому

    How it was.

  • @marilynh5487
    @marilynh5487 2 дні тому

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

  • @6ftfox
    @6ftfox 4 дні тому +1

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

    • @bensellin
      @bensellin  4 дні тому

      😅😅 don't feed the Gators

  • @rubyannr6898
    @rubyannr6898 5 днів тому

    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.

  • @runs_on_coffee
    @runs_on_coffee 4 дні тому

    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.

  • @LJ-jq8og
    @LJ-jq8og 5 днів тому +1

    😊 HIT THE LIKE BUTTON 😊

  • @frankdattilo1836
    @frankdattilo1836 5 днів тому +2

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

  • @pinetree2222
    @pinetree2222 5 днів тому +4

    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.

  • @im4udevco
    @im4udevco 4 дні тому

    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.

    • @bensellin
      @bensellin  4 дні тому

      Very true and there was a lot of fomo in there as well. Thanks for watching!

  • @ceochrisholder
    @ceochrisholder 5 днів тому

    You cover fort lauderdale?

    • @bensellin
      @bensellin  4 дні тому

      I don't work out there but I do occasionally go over their numbers

  • @MexicoBeachFloridaLiving
    @MexicoBeachFloridaLiving 4 дні тому

    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...

  • @markhaas9265
    @markhaas9265 5 днів тому +1

    Ben, I hope that references from former clients like myself and those that tune into your channel for information will place their minds at ease about signing a contract with you. If anyone wants a reference on your professionalism, market knowledge, and advocacy for your clients please pass along my number as a reference. You are working hard to build your brand based upon knowledge, integrity, and good ole fashion hard work. That is a recipe for success no matter how you slice it. Missy and I wish you and your family all the very best in 2025!

    • @bensellin
      @bensellin  4 дні тому

      Thank you Mark! I always appreciate your continued support and very kind words. It was an absolute pleasure working with you guys And I hope You guys have a Happy New Year and a great 2025!

  • @javajunkie517
    @javajunkie517 4 дні тому

    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.

  • @adfreeviewer9005
    @adfreeviewer9005 4 дні тому +1

    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.

  • @beachlover4747
    @beachlover4747 4 дні тому

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

  • @dwaynecarroll7985
    @dwaynecarroll7985 5 днів тому +1

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

  • @themarkandmelteam
    @themarkandmelteam 5 днів тому +1

    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

  • @endofsociety
    @endofsociety 5 днів тому

    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.

    • @bensellin
      @bensellin  4 дні тому

      It really was insane and yes I'm surprised that even enticing rents are staying vacant

  • @frankrusso2093
    @frankrusso2093 5 днів тому

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

  • @HieouyaAgnèsDoyo
    @HieouyaAgnèsDoyo 4 дні тому

    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

    • @BensonTati
      @BensonTati 4 дні тому

      As a newbie investor, it’s essential for you to have a mentor to keep you accountable.
      Ruth Ann Tsakonas is my trade analyst, she has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns.

    • @Natashagroupies
      @Natashagroupies 4 дні тому

      I managed to grow a nest egg of around 120k to over a Million. I'm especially grateful to Adviser Ruth Ann Tsakonas, for her expertise and exposure to different areas of the market..

    • @BensonTati
      @BensonTati 4 дні тому

      I don't really blame people who panic. Lack of
      information can be a big hurdle. I've been
      making more than $200k passively by just
      investing through an advisor, and I don't have
      to do much work. Inflation or no inflation, my
      finances remain secure. So I really don't blame
      people who panic.

    • @Natashagroupies
      @Natashagroupies 4 дні тому

      Without a doubt! Ruth Ann Tsakonas is a trader who goes above and beyond. she has an exceptional skill for analysing market movements and spotting profitable opportunities. Her strategies are meticulously crafted on thorough research and years of practical experience.

    • @HieouyaAgnèsDoyo
      @HieouyaAgnèsDoyo 4 дні тому

      how would you recommend i enter the crypto market? I am also looking at studying some traders and copying their strategy rather than investing myself and losing money emotionally. What's your take on this approach? and How can i reach her, if you don't mind me asking?

  • @louismarasco3439
    @louismarasco3439 4 дні тому

    1st graders...

  • @gsten2116
    @gsten2116 5 днів тому +2

    You've hit the bottom until the next hurricane. Individuals have short memories. Insurance companies do not.

    • @allanbauer4076
      @allanbauer4076 5 днів тому

      There will never be a shortage of stupid people. Just list your formerly flooded home for an insane amount and some goober will buy it

    • @Enthusiasmisgood
      @Enthusiasmisgood 4 дні тому

      From comments on similar sites, the ‘elites’ are to blame. Not sure who they are, some dark cabal apparently. Nothing to do with natural disasters and insurance companies maximising shareholder profit. 🙄

    • @bensellin
      @bensellin  4 дні тому

      Please no more hurricanes for a while

  • @dzerres
    @dzerres 5 днів тому +3

    Wow, that POS you walked by about 10:30 minutes in is why there is a real need for an HOA. I don't like HOAs but that house and grounds screams for one. Yipes.

    • @Enthusiasmisgood
      @Enthusiasmisgood 4 дні тому +1

      That’s quite the decorating situation there. How much macho can you fit onto one property?

    • @jeremyjedynak
      @jeremyjedynak 3 дні тому

      Municipalities already have zoning officials who can perform enforcement with the need for an HOA, and can directly address all the problems seen on that property including the cars parked off the driveway and the heavy machinery parked on the street side.