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Thoughtful Money with Adam Taggart
Meltdown In Florida & Texas: 2025 Housing Market Forecast | Reventure's Nick Gerli
Dec 31, 2024
In this discussion, Nick Gerli, founder of Reventure Consulting and creator of the Reventure app, offers valuable insights on the housing market's future. He highlights the historical highs in home prices and mortgage rates, drawing parallels with 1981 and 2006. Nick sheds light on the current corrections occurring in Florida and Texas, revealing how their downturn may affect other states. He emphasizes the significance of data-driven insights and the Reventure app for buyers and sellers navigating the unpredictable landscape ahead.
01:04:56
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Quick takeaways
- The current housing market is experiencing high prices and low inventory, prompting potential buyers to remain cautious about their financial commitments.
- Florida and Texas are witnessing significant price declines and increased inventory levels, signaling a change in previously strong housing markets.
Deep dives
Positive Outlook for Home Buyers in 2025
The housing market is showing signs of improvement for potential home buyers, especially in the South and Mountain West regions of the United States. Current data indicates that home prices are likely to decrease due to increased inventory levels and a growing number of homes available for sale. This could lead to a more favorable buying environment in 2025, giving hope to many frustrated buyers who have faced high prices and low inventory in recent years. As more affordable options emerge, buyers may find opportunities that were previously unattainable.
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