Blackstone is liquidating properties in Florida. “For sale signs are everywhere”.

3 weeks ago I showed you First Key Homes dumping a house in Punta Gorda at a 25% loss. Now we have Blackstone selling a house in St. Petersburg for a $10,000 loss. I spoke to the local realtor here who said this is one of many that they are selling. Meanwhile - inventory in this ZIP code is now almost double the long-term average. Florida is going down. And going down fast. Many locally here though, amazingly, don't know it. Many people I speak to think prices won't go down (even though they are already going down). Will be a very interesting second half of the year in Florida.

If anything, it's likely to get worse. Affordable housing will soon become unaffordable. Therefore, I advise taking action now because today's prices will seem like bargains tomorrow. Until the Fed takes more decisive action, I expect we will see hysteria due to rampant inflation. You can't just halfway rip the band-aid off.

A $10,000 reduction from $380,000 is comical. If Blackstone really wants to unload this property, sell it for $200,000.

In 96 my mother worked for $11 an hour 50 hours a week and was able to get a 48k mortgage on a 1600sqf home from saving $200 a month for 2 years. Now I make $21 an hour 55 hour work weeks and... I live paycheck to paycheck in Lowe income government assistant housing because renting anything else would eat 2/3 my paycheck. I'll never afford to buy a house

just sold a property in Tampa and I'm thinking to put the cash in stocks, I know everyone is saying it’s ripe enough, but Is this a good time to buy stocks? How long until a full recovery? How are other people in the same market raking in over $200k gains within months, I'm really just confused at this point.

Prices need to drop $100,000 to $150,000 for them to be affordable for the average person.

I’m a new dad, I moved from Tampa to Santa Clara a few years ago and I’m thinking of purchasing a single family home there, but with real estate prices currently through the roof, is it still a good idea to buy a home or should I invest in stocks for now and just wait for a housing market correction? Looks like NVDA, TSM and AMD and AVGO are strong buys this week.

Because so many people overpaid for homes during a period when interest rates were low, I believe there will be a housing crisis because these people are in debt. If housing prices continue to fall and, for whatever reason, they can no longer afford the house and it goes into foreclosure, they will have no equity because they will not make any money if they sell. I feel that many people will be affected by this, especially given the predicted mass layoffs and fast rising living costs.

500k for a house with one bathroom is insane

I'm eagerly anticipating a potential housing crisis to make affordable purchases after selling some properties in 2025. I'm also thinking about investing in stocks as a backup plan. Any advice on the best timing for these investments? I've seen substantial trading profits, but there are worries about the market's instability and the possibility of a dead cat bounce. Can you explain why this market phenomenon happens?

I sold an apartment in the villages and made about $350K. I was frustrated when I only earned $371 in interest from a regular savings account. After doing some research, I was advised to invest in stocks RE stocks and others. Are these stocks a good point to start from?

I bought a house in a run down neighborhood in Jacksonville in 1984. The neighborhood has gentrified. For several years I got dozens of calls a week from people wanting to buy my house, sometimes as late as 10 PM. I got letters from "young couples in love with my home," who wondered if I would give up my home for the sake of their happiness. I could not be happier that the bubble is bursting for these investors.

I'm 47yrs old. $75K biweekly and I'm retired, this video have inspired me greatly in many ways!!!!💚

When prices drop about 50 % , then I will be a potential buyer.

When investors bought up houses by the thousands they drove up the prices. Now that keeping them is is no longer profitable guess what's happening.

I have a friend who bought his house in 2005 for a little over a million dollars. He sold it 14 years later for $835k. Timing is everything.

While lower to middle class families were struggling to afford homes, all these investors snapped up properties and raised prices and rents. I just can't feel sorry for the greedy investors!

Until they drop their prices enough, they are not selling anything.

What does this mean for the Real Estate market? Is this a good time to go in or would one be better off with Stocks? Been doing a few research on these options as I had planned on going into one this second half of the year and it seems both are down at the moment

Big money companies will always look for a fool to pay for their stupidity. Proceed with caution