Monday, January 30, 2023

HOUSING MARKET FORECAST FOR 2021 AND 2022 IN MIAMI FLORIDA AND THE US



HOUSING MARKET FORECAST FOR 2021 AND 2022 IN MIAMI FLORIDA AND THE US

Today in serdna talks we are going to talk about the housing market forecast for this 2021

Real estate experts believe low mortgage rates and the rise of remote workers will keep home sales booming this year
So if you’re thinking about investing in real estate and want to know what the real estate market forecast is like—especially after such an unpredictable year then watch this video
In order to understand what’s going on with the market we need to cover many topics, and one of them is hidden in plain sight.
But we can talk about that in another video
Nobody thought that this market was going to be on steroids during the worlds biggest health crisis ever.
Thousands of experts believe that we are living in a bubble
The biggest real estate bubble ever
But just remember that each market is different
All zip codes and areas are inside their own bubble, meaning…
Let me give you an example..
Let’s talk about Miami Dade county,
In the last 180 days we had 13 foreclosed properties in Aventura
And the price ranges were from $90k to $1m
And the city right next to it Sunny Isles had 5 foreclosed properties from 200k to $1M

remember that this is just my opinion of what to expect if you buy or sell a house this year.
never do as I say since I don’t know you and I don’t know your financial situation, so if you buy or sell is because you want to
With that said, let’s take a closer look at how the market is doing.
The so-called experts think that this year will be a blast, that the economy is going to recover and that millions of jobs are coming back
Well… that’s what they say…I really don’t think jobs are coming back since most industries are taking full advantage of automatization
One thing that you must know is that real estate prices are dictated by supply and demand and right now that’s what’s keeping the market on fire
We don’t have enough homes for sale and the inventory is not going to grow any time soon
So expect to have property prices high as a kite for quite some time

the number of homes listed for sale are down 22% compared to 2020

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I am not an Attorney, a financial advisor or a CPA. The information in these videos shall not be construed as tax, legal, or financial advice from a qualified perspective. If you need such advice, please contact a qualified Attorney, a financial advisor or a CPA.

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No soy ABOGADO, ASESOR FINANCIERO, ni CONTADOR PUBLICO.
Absolutamente todo el contenido de estos videos no debe ser interpretado como asesoramiento legal, financiero, ni fiscal.
Si llegas a necesitar algún tipo de ayuda de tipo legal, o financiero, consulta con un profesional.

Si estás interesado en vender tu propiedad o invertir en Real Estate no dudes en contactarme.

Ciao
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Thanks for watching SERDNA TALKS by Andres V.
Realtor @
Miami Association of Realtors.

⚠️⚠️⚠️#Miami Real Estate​ #Housing​ #Crash​ ⚠️⚠️⚠️

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