Sí, no puedes perder con la línea 01. Bueno avísame si quieres más información o quisieras avanzar con una compra 💪

That's horrible, I'm sorry to hear that. It's also illegal and should be reported.

Although technically in Coconut Grove, I agree, it's an absolute Gem 💎

Thank you. I'm glad you enjoyed it!

It can be disheartening, but I truly believe that where there's a will there's a way. It may mean reducing expectations of what your first property is if you want to stay in Miami. i.e. if you wanted a 3 bedroom/2 bath before, maybe it's time to consider 2 bedrooms and make a plan for working up to the 3 bed after a couple of years. Or maybe someone wanted a single-family home before but now the best option is to get into a condo, build equity, then turn it into a rental after a year or two so they can increase their income to buy a single-family. There are plenty of ways to get creative - reach out and I'd be glad to help.

Thank you for your feedback, I appreciate it. Right now I am trying to lower debt so I can get a nice pre-approval; but what you’re saying makes complete sense. It’s sacrificing to then have a better outcome in the near future

That's certainly always a possibility. If you mean in reference to prices softening, I believe it's more of a factor of the drastic increase in inventory over the last couple of years and continued fairly stable demand.

100% Miami. Thanks for watching!

I appreciate that! Thanks for watching!

My pleasure! Ya, some of these monthly maintenance fees are truly staggering!

Glad you liked it! Thanks for watching!

My pleasure! Thanks for watching!

Agreed! Think an HOA would have an issue with that in someone's front yard?

My pleasure! Glad to always be of assistance!

Glad to hear it! Thank you for watching!

My pleasure! Somebody's gotta break through the mold of dishonesty in the media!

It's a great and very valid point! My guess is that legal precedent for such rulings will remain unchanged and Realtors will simply continue to get that short end of the stick in that regard.

Muito obrigado!

These are truly worrying times, not just for retail real estate (buyers, sellers, and agents), but like you mentioned, institutional investors are stepping on the toes of the American dream of homeownership. Meanwhile we have no effectual leadership on a national level...

😱

Glad you like them, Coolman! Thanks for watching! 🙏

My pleasure, glad it was helpful!

Statistically speaking “most listings” are not sold to investors. The percentage is around 25-30% at any given time, which is definitely high. Also, certain neighborhoods are even more investor heavy than others. I do agree 1,000% that it’s gotten exponentially more difficult for regular homebuyers. Although investors are only one dynamic causing that phenomenon, it’s certainly a monumental challenge for lower income and first-time buyers to compete. This will also be made worse if the proposed NAR commission settlement goes through. It’s tough times out here. If it can be done, though, I can show you the way and help craft a plan specific to your situation. 💯🙌

Depends on the landlord but the general rule of thumb is they want to see that you make 3x the rent monthly.

Indeed

You’re welcome! I’m glad my videos are helpful for you 🙏

Hey my pleasure! I love being a resource for the community 🙌

🫶

Hi Pranav! I've done Broward SFH analysis in the past but will need to make an updated one for sure. As for *median* sale price of Miami, this is for all bedroom counts. I go into more granular detail with individual clients regarding bed/bath counts and different areas, but with KZfaq it's got to be a wider appeal for the videos to find anyone. As to your last question, there are tons of great areas such as Tamiami, Hialeah, North Miami, etc. Best thing to do is reach out to me directly, we can have a discussion about exactly what you're looking for, and then go from there. Feel free to call/text me any time - would love to help!

My pleasure! Thanks for watching. Looking forward to hearing from you!

Absolutely! Thanks for watching!

Thank you! I appreciate you checking out my videos!

💯🔥

Hi Jaywest, great question. There's definitely an impact of price increases and therefore more properties qualify as being in the luxury range. There are also just a ton more developers building in the luxury range compared to years past as more wealthy individuals are moving to SoFlo since the pandemic. With Lux SFH sales increasing 32% YoY and Lux Condos pretty much staying flat on sales, I wouldn't say we're in an oversupply situation, at least not yet. At some point, probably soon, I'll reassess what that threshold for luxury is and adjust my videos accordingly. "Luxury" is generally considered the top 5-10% of sales in a market. Since we have such a robust Luxury market here I go with that 10%.

My pleasure. Thanks for watching! Unfortunately, I don't think downward price pressure on condos is going to hurt SFH prices. If anything it's the opposite. There will be some people who are fed up with condo maintenance fee increases and are likely to look at SFHs with no HOA as an alternative creating more demand in the space. Also, there is way, way more supply of condos than SFHs, and the rate of new builds for condos far outpaces the SFH new construction rate. You may not be priced out though depending on how you play your cards. Reach out to me direct and I'll help you out on a free consultation basis. ✊ my contact is in the description

Thanks brotha! I certainly will keep them coming. New one about to drop in about an hour 🙌

100% agreed on those condo maintenance fees. Insurance and lack of reserves are throwing some of those way out of whack with what people can afford. I'm definitely more concerned about the condo market than Single-family, but insurance rates need to come down across the board or it could start to impact the SFH market as well if rates stay high. It's a big mess, Ronnie! haha

You and me both! I'm chomping at the bit over here!

You've been correct for 18 years running! Zillow is the bane of the real estate industry. Unfortunately, most of the public doesn't know.

Ronnie, my man! It's a pleasure, thanks for always tuning in!

Ayyye thanks brotha! Now I just need to get my abs like yours and it'll be game over 💪

Hi Dany! Depends on exactly what you’re looking for, but yes, there are limited units for sale. Reach out to me directly for updated inventory.

@@JakeFletcher Thanks for the comment. I have a curiosity. Can you purchase, a penthouse in Miami whit bitcoin?

Absolutely! Reach out to me and I'll walk you through the details to make it happen.

You bet, B-Rad! Thanks for being a subscriber and for watching! New beg. of the year updates coming soon!

💪💪💪

Thanks so much, Dan! I appreciate your support!