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Expert analysis on what homebuyers, sellers, and investors expect in the Florida Housing According to experts - 2024 means Floridians can expect record high cost of living - record high property tax, property insurance average to reach $8,000 to $10,000 per year, and at the same time continued record high home builder activity driving up inventory against retirees who are struggling to sell their homes for sake of not being able to carry cost of ownership. Part one of a two part series offers the first 5 key predictions of what will likely unfold in Florida considering the current economy, interest rates, and housing supply trends. ⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️ 🤔Thinking of buying, selling or investing in real estate? My team can help anywhere. 📱Call or Text: 407-706-5000 📨Email: info@jaredjones.com ⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️ For steady updates on the Orlando Metro Housing Market consider subscribing to my other channel at: / @jaredjonesorlandoliving ✅ Sign up for our free weekly newsletter for all things Florida Real Estate and Orlando Market info at https://jaredjones.com/youtube/ Follow Me On Socials: Facebook: / jared.w.jones Instagram: / jaredjonestv X: https://x.com/jaredjonesgroup LinkedIn: linkedin.com/in/jonesjared/ 📣 Jared Jones, Licensed Real Estate Broker and Owner of Jared Jones Real Estate. He is one of the most experienced agents on the planet with having sold more than 4,000 homes across Las Vegas, Reno, Memphis, and Central Florida. He has flipped more than 200 properties profitably for himself and clients. Despite being very blessed by Almighty God in my Real Estate Career - DO NOT, construe anything I say on YouTube as investment advice. All Video Content is informational only is not to be construed as legal, investment, or tax advice. Seek advice on all of your own personal decisions by reaching out to licensed professionals in your field of investment, in your area, or relating to any other personal matter you are seeking to make a decision upon. Real Estate investing, buying, or selling comes with inherent risks. My opinions are my own. 00:00 - Introduction 2:30 - Market Trends: Builders' Impact on Home Values 4:15 - Surging Home Inventory Predictions 7:45 - The Role of National Home Builders 10:20 - Builder Tactics: Buy Downs and Closing Cost Contributions 14:05 - Example: Impact on Resale Home Pricing 18:40 - Case Study: Cash Purchase vs. Builder Incentives 23:10 - Legal and Ethical Considerations 27:15 - Strategic Approaches for Resale Home Sellers