Have you just gotten off a 6 month submarine deployment?
At the rate that people are moving here from up north? It is not going to go the same direction. It may effect the rest of the country but down here I don't think it's going to be nearly as bad as you're predicting.
Well see. Universal’s on track to finish an entire new park, and Disney can’t finish a generic multi use facility in that time.
They are not going to meet their timeline. Never mind the delays caused by Covid in 2020-1.
Housing inventory ticked up in Orlando in May. We’ll see. It doesn’t take much of a change in demand to totally rebalance a market, and interest rates have gone from 2.5 to 6.5 percent in less than a year.
Itbis definitely slowing but the inventory is still very much lacking. We got lucky and bought a few months ago. We were able to snatch a house that the previous deal fell through because of an appraisal and the buyer didn't have enough cash. We still are looking at houses that come on the market though. We also have some friends who are in a higher range than us. They are looking at around 1.4M and they're running into issues as well. I just don't see a crash happening when people are actually wanting to come here still.
Here?
Oh…wow. I assume you’re set and in it for the long haul??
Which one??
Deals of more homes for sale but less property taxes collected for ( ie Orange County , FL ) that impact funding County social services as an example.
I was actually hanging some wireless bridges at one our plants today. It was pretty hot but nothing a little break in the AC and a bottle of water can't fix.. I guess some people are just built a bit different? I came from Buffalo and have not been exposed to heat like this but it's coming up on a year since we moved so we've been through the worst of summer already last year and we are handling it better than a lot of locals.
Yes. We have wanted to move to FL for years. We just didn't have the opportunity to leave NY for various reasons. Then the pandemic happened, I lost my job with MLB, and we bounced back well here.
That's when I become a cash buyer.
We've walked through many houses that were a joke. They were taking advantage of the market and tried selling way high. We still look at what's coming up for sale but it's definitely not a lot to pick from. As far as new construction? There's a lot of condos, even more apartments but new houses are really rare or verrrrrry overpriced.
Enjoy and I hope your home is not your piggy bank. I took advantage of the boom and sold but couldn't wait to buy so I'm in a new place for an OK price.
No, we aren't expecting to use this as an investment at all but I don't believe for one second that we will lose equity. We locked in our interest rate at 3.9 which is a touch higher than I hoped but it only took 3 weeks after to brush 6. We were looking at a rent increase of our apartment of 300 a month and it would have been higher than our current mortgage.
