Real Estate Buying Guide
Volusia - Flagler - Palm Beach Counties
561-900-6363
Rich Delivers
Marketing & Web Content Specialist
Street Reporter & Journalist
E-Learning Course Design & Development
Degrees in Respiratory Therapy, Computer Technology, Radiologic Technology
Licenses in Real Estate, Respiratory Therapy, Marine, and Finance
Real Estate Predictions
Economy & Trade
Florida's economy is booming! The GDP is rising at is at $2.74 billion. Imports are coming into our three main ports and our exports are going to countries all over the globe. Governor Ron DeSantis is keeping his promises and signing legislation that is helpful to Floridian's. His pro business model is jump starting new opportunities, increasing wages and stimulating the economy. The new trade deals appear to be working and the stock market, although volatile with a moderately high VIX index is at its highest levels in modern history.
Interest Rates
Interest rates are overvalued in this thriving economy. This puts home buyers at a disadvantage and slowing the number of first time home buyers entering the market. My prediction is that the Fed may reconsider its hawkish view(keep interest rates high) to stall the economy and return to the dove financial policies we have seen in the past. When this happens the Florida housing market and overall economy will get a huge adrenaline rush and push home Florida prices upward do to supply and demand.
SALT
Individuals in high income states with higher than average incomes will benefit from SALT. Taxpayers in Connecticut, Massachusetts, Illinois, Maryland, Rhode Island, Vermont, California, New York, and New Jersey will be limited to $10,000 in tax deductions. These states and investors will look elsewhere to secure their investment dollars. Florida homeowners are positioned to talk to this buyer. People who own homes are now informed and will not be taking low market offers for their high prized real estate. Instead they can list for much higher prices do to demand for a tax shelter in Florida.