US Home Values May 2024 - Brace for another increase
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Get ready to witness a surge in US residential property values as we uncover the potential for skyrocketing prices in May 2024! In this revealing investigation, we delve into the driving forces behind the anticipated increase in property prices, shedding light on key dates and tax considerations crucial for property investors.
Key Dates:
May 2024: Mark your calendars for the expected rise in property values.
Tax Deadline Alert: Stay informed about any tax changes affecting property ownership.
Essential Tax Forms:
Schedule A (Form 1040): Essential for itemized deductions relevant to homeowners.
Form 1099-S: Required for reporting real estate transactions.
Examples:
Inflationary Pressure: Explore how economic factors are contributing to the projected surge in property prices.
Demand-Supply Dynamics: Analyze the interplay between rising demand and limited supply driving property values upwards.
Prepare to navigate the dynamic landscape of US residential property values with insight and foresight. Subscribe now to stay ahead of the curve and capitalize on the anticipated price increases!
Hashtags:
#USPropertyMarket #SoaringPrices #ResidentialRealEstate #MarketAnalysis #PropertyInvestment #PriceSurge #EconomicFactors #TaxConsiderations #RealEstateTrends #InvestmentStrategy #HomeOwnership #MarketInsights
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@shanerogers9386 2 ай бұрын
Here in south Florida list prices are now 100-500 percent higher vs the start of 2021. This area like many others across the country has been driven completely by flippers and investors hoarding homes away from families in a never seen before frenzy. Anyone want a 2MM home that was just $500K 2-3 years ago ? There are plenty to choose from as inventory is now somewhere between 2019 - 2020 levels. But when you consider the significant amount of homes being traded off market by speculators the available inventory is much higher.
@Simon-Misiewicz-US-UK-Taxes 2 ай бұрын
Florida is crazy with price increases. I looked at a cost and missed out ten years ago at $300k and saw it delisted at $650, mental
@shanerogers9386 2 ай бұрын
@@Simon-Misiewicz-US-UK-Taxes it is crazy. I live in palm beach county.
@Simon-Misiewicz-US-UK-Taxes 2 ай бұрын
@shanerogers9386 nice place there. I am sure the insurance hike is a worth though to many Floridians. Hope all goes well for you in 2024 🙏
@lenac2284 2 ай бұрын
All I am seeing is the housing prices dropping like crazy. I am in the U.S.
@Simon-Misiewicz-US-UK-Taxes 2 ай бұрын
Which start are you in. I will happily go away and build some analysis for the next video
@elcoollow5955 2 ай бұрын
It's always good to hear a counter argument. I've been hearing the news talk about a recession/melt down, but the market inflation could lead to a melt up.
@Simon-Misiewicz-US-UK-Taxes 2 ай бұрын
@elcoollow5955 that is my view. House prices would have come down by now during recession but now the US are out. Inflation is coming down and so will interest rates. Next, property prices increase
@rayjon237 2 ай бұрын
Math isnt that hard, capital costs have trippled, and that is rippling thru business and will definitely effect, profitability, employment, and intern asset prices. The foreign money comming into both coasts has slowed, it will take time but housing will adjust..
@Simon-Misiewicz-US-UK-Taxes 2 ай бұрын
Thanks you for your insights and thoughts. Time will tell
@atmos4197 2 ай бұрын
There is a lot of clickbait yes, however, when you use Zillow as a way to value a home, you lose me. Many homes in our area are price dropping to sell. What I see in the market are some people buying because they listen to guys like you (or FOMO) thinking everything is going to continue to rise, then when the bottom falls out, and it’s starting, that house they paid 550k is now worth 390k. This scenario happened in 2008 as it pertained to people buying thinking the bottom wasn’t going to fall out, they were in for a big surprise in a very short amount of time.
@Simon-Misiewicz-US-UK-Taxes 2 ай бұрын
What are the average house prices now compare to 2008? What do you think the house prices will be in 2035 compared to 2025?
@Simon-Misiewicz-US-UK-Taxes 2 ай бұрын
I don’t have a recall saying that people should be buying houses for the fear of missing out. I am pointing out that the house prices will not be dropping as though people suggest. People said that about the UK, which never happened and has prices are once more increasing.
@Simon-Misiewicz-US-UK-Taxes 2 ай бұрын
Feel free to share your evidence backed reference material and share it with your next comment
@Simon-Misiewicz-US-UK-Taxes 2 ай бұрын
I am more than happy to share better resources of information if you would like to tell me what they are in your opinion
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