The Real Estate Market is Slowing, 5.75% Mortgages in Florida Get Rich Education

Join our free Florida income properties webinar on Monday, November 27th for 5.75% mortgage rates at: GREwebinars.com
Home prices are up 4.5% annually through Q3. It’s the fastest growth rate in months.
Three out of ten renters are now age 55+, the most ever. Older renters are good for you: lower turnover, more quiet, more savings & income, and lower regulation compared to assisted living. 
Overall US population growth is slowing, from 1.2% a generation ago to 0.5% today. It’s expected to grow until 2080.
I discuss the DOJ crackdown on the NAR and real estate commissions. 1.6 million real estate agents could lose their jobs.
Apartment building rate caps have become super-expensive.
One of our real estate Investment Coaches, Naresh, joins us from Florida. 
Naresh tells us how to get 5.75% mortgage rates on new-build Florida income property at GREwebinars.com
Resources mentioned:
Show Notes:
GetRichEducation.com/476
Join our Florida properties webinar, free, 
Nov. 27th at 8:30 PM ET at: www.GREwebinars.com
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GRE Investment Coach, start here:
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Get mortgage loans for investment property:
RidgeLendingGroup.com or call 855-74-RIDGE 
or e-mail: info@RidgeLendingGroup.com
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Timestamps:
 
The housing market stats (00:02:52)
Discussion about the current state of the housing market, including the 45% increase in home prices and the reasons for continued home price support.
 
Home price appreciation forecasts (00:05:28)
Talks about the predictions for future home price appreciation, with both CoreLogic and NAR expecting a 26% rise in home prices next year.
 
The impact of older renters (00:10:08)
Explains why older renters are desirable for property owners and landlords, highlighting their lower turnover rate and stability.
 
The Aging Population and Older Renters (00:11:15)
Discusses the benefits of older renters, such as lower mobility, more savings and income, and low regulation.
 
US Population Projection and Immigration (00:12:30)
Examines the projected population decline in the US by 2100 and the importance of immigration for continued growth.
 
Housing Demand and Household Size (00:17:12)
Explores the trend of fewer people living in each household and its impact on housing demand.
 
The timestamp's title (00:22:05)
Rising Costs of Rate Caps for Apartment Buildings
Discussion on how the cost of rate caps for larger apartment buildings has become prohibitively expensive.
 
The timestamp's title (00:25:23)
Real Estate Market Trends and Slowdown
Insights on the current state of the real estate market, including a slowdown in November and leveling off of home values and rents.
 
The timestamp's title (00:28:28)
Opportunity in Real Estate Market in 2024
Predictions for the real estate market in 2024, including a potential bottoming out of the market and a decrease in mortgage rates.
 
The decline in home values and the health of the economy (00:32:58)
Discussion on the decline in home values and the health of the economy, with reference to the 2008 financial crisis and current housing supply.
 
Short-term rentals and the potential for a decline (00:34:14)
Exploration of the decline in short-term rentals due to a decrease in travel and corporate expenses.
 
The impact of mortgage interest rates on home prices (00:35:19)
Analysis o