SEVEN YEAR HIGH HOMES FOR SALE in CLERMONT FL - Orlando Housing Update

Man if I didn’t have closed caption I would not be able to understand you. You speak to fast for me.

Grew up in Orlando . Just moved to Houston. Got priced out the game. Keep up the good work Jared!

Thanks for the valuable information

Awesome video. I'm watching the market looking to buy AFTER Dec because I also predict a significate drop in prices as we head into 2025. I think we need a solid 10%+ correction.

I appraise homes in CA for a living & something HAS to give 👍

As It was explained to me. Used homes (vs new) are bound to the current interest rate. Whereas people are enticed to purchase New Homes due to the builders buying down rates by up to 2 percent. So in essence onr can purchase a preowned home at 5.5 percent or buy a new home at 3 75 to 4.0 percent. Not for nothing but the average ssvings on a monthly mortgage payment is roughly 40.00 per each quarter percentage point.. do the math. That why the used market is currently stagnant. And will remain that way until someone knocks this info into into sellers heads and prices on used homes drop further.

Edit to add..... do not forget new homes also have at minimum a 1 year everything covered warranty. (Not including lightbulbs)😂 😂😂

Clermont, minneola, groveland and now mascotte has gotten really expensive.

Cleremont and Groveland got hella expensive during the pandi. I like the area, but it is too out of the way for me personally.

I do like your videos, keep updating us with informative videos and insight.
Clermont, minneola and Groveland are over priced. For a decent home you are looking at 650 to 750k and I see builders still raise the price even if the sales are slower compared to before. I visited different communities and the builders do not want to lower the prices still aiming for that big cash out. The same house is listed for 750 in minneola and Clermont, and 575 in groveland. I did some research and the same house was between 350 and 400k in2019-2020.
Even with inflation I don’t see the price of the homes double like this. I do believe that the price still got to come down to the average home price as 2019-2021. For the prices they have now I think lot of people are sitting on the side and watching, plus I realized that a lot of homes are being built and not listed yet in order to show demand, I even walked the communities and saw them being built and not on their websites yet.
This market is insane and in need of a correction.

I do like your videos, keep updating us with informative videos and insight.
Clermont, minneola and Groveland are over priced. For a decent home you are looking at 650 to 750k and I see builders still raise the price even if the sales are slower compared to before. I visited different communities and the builders do not want to lower the prices still aiming for that big cash out. The same house is listed for 750 in minneola and Clermont, and 575 in groveland. I did some research and the same house was between 350 and 400k in2019-2020.
Even with inflation I don’t see the price of the homes double like this. I do believe that the price still got to come down to the average home price as 2019-2021. For the prices they have now I think lot of people are sitting on the side and watching, plus I realized that a lot of homes are being built and not listed yet in order to show demand, I even walked the communities and saw them being built and not on their websites yet.
This market is insane and in need of a correction.

Thanks Jared, I've been checking out Clermont so this is super valuable

Do palm bay, it's so weird here

Trump said he could bring homes prices down by 30-50%.

Unsure how but I don’t ignore what he says..

I just had a realtor in Orlando tell us to “buy within the next month instead of waiting for a year because prices are up”. I told them my data source, reventure app, and they said they had never heard of it, and that the national association for realtors says prices are up in Orlando. I also mentioned the interest rates are projected to be around 200 basis points lower (fed dot plot projection), and he scoffed and just said “we have different view points and that’s ok. We will see where prices are in a year”. Rubbed us the wrong way, to the point where my partner said she wouldn’t have bought the house even if it had been fairly priced and she loved it just because he would have been involved. Need more honest realtors like you.

Is it possible for you to make a video about Boca Raton - FL? Thank you!

It's wild that Groveland, once a police speed trap with a McDonald's, is now an Orlando suburb

Please do Brevard County ! Houses have been setting on the market for several months, if not years.

When will homes be affordable again?

The right choice of an investment has always been a big problem for me I know picking a wrong investment will leave a big scar in the future

What about Horizon West? I saw some properties decrease in value. What do you think?

Awww boo hoo

another rate cut coming. The larger question is how much damage Global Warming/hurricanes and insurance costs are affecting the RE market in the state.

Jared, when are you going to acknowledge the elephant(s) in the room?

Anyone with a brain isn’t going to be too concerned with interest cost more so than taxes and insurance costs! 🙄

I sold my home in Clermont in 2008ish before Clermont really exploded. I went to Iraq in 2004 and when I came back they had erected a Super Walmart across the street. It went up faster than my house did. I just looked at the house on Zillow and it's still looks new and has the original Appliances. They definitely don't make them like they used to.