Buckle up, because we're about to reveal the unfiltered truth about Lakewood Ranch real estate!
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- čas přidán 6. 09. 2024
- In today's video, we're diving deep into a topic that's crucial for anyone considering a move to Lakewood Ranch, Florida. Buckle up, because we're about to reveal the unfiltered truth about the current real estate market in this popular area. If you're contemplating a move to Lakewood Ranch or Sarasota, you need to hear this before you make any decisions.
Lakewood Ranch may seem like the perfect place to settle down, with its picturesque landscapes and vibrant community. However, there are some critical aspects of the real estate market here that you might find challenging to handle. From property prices to the fierce competition for homes, we're laying it all out for you.
This isn't just another sugar-coated real estate pitch - we're brutally honest about the things you might hate about Lakewood Ranch and Sarasota's real estate market.
So, if you're dreaming of making Lakewood Ranch your new home, make sure you can handle these realities before you take the plunge. Stay tuned, as we uncover the good, the bad, and the ugly of the real estate scene here. Don't forget to like, subscribe, and hit the notification bell for more insider tips and uncensored truths about living in Florida. Let's get started!
Are you moving to Lakewood Ranch Florida or maybe Lakewood Ranch? Or do you already live in Sarasota and are considering relocating to another area, or maybe downsizing? I have spent the last 25 years in Sarasota FL, I can be a guide for you for EVERYTHING Sarasota Florida or Lakewood Ranch has to offer.
📲 We have so many people contacting us who are moving here to Lakewood Ranch or Sarasota Florida and we ABSOLUTELY love it! Honestly, if you are moving or relocating here to Sarasota or any surrounding areas, we can make that transition so much easier on you!!
I am a licensed Real Estate Agent here in Florida and can help you with anything in this area, I would love to help assist you with all of your buying or selling real estate needs.
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Right now is the worst time in US history to buy a home from a affordability stand point. While 2008 was worse is some instances. Now is also much worse than 2008 (or any other time) in others such as: home insurance cost, HOA fees, new condo state regs, the US condo Blacklist etc.
Jon, Just because the reasons behind the rise in values and then the drop are different, does not mean a crash/adjustment is not coming. When the median/avg income cannot support the overinflated values, eventually the prices have to drop. In Lakewood Ranch, houses that were $400k in 2019 are now listed at $1M (Thats not normal nor sustainable). Yeah cash buyers are coming here, buying the house cash, but they are now realizing insurance is doubling, taxes are being assessed at the price THEY paid, not the previous owners, so all of a sudden they realize they are paying more in taxes and insurance than where they came from. There is not an infinite amount of out of state cash buyers, soon that will run out and the inventory will really explode. Not even mentioning the foreclosures that are building up or if the economy does in fact tank into a recession.
2008 ... nah not even close. Higher inventory sure, but prices aren't going back to pre-Covid. So many cash buyers ( not just boomers) who have sold properties up north with equity still moving south for years to come. Also huge influx of working and surprisingly well-paid immigrant families pooling incomes. Entirely different dynamic.