Housing Bubble 2.0 - Florida Home Values Could Fall 50% - Flood Insurance Will Rise - Housing Crash

Housing Bubble 2.0 - Florida Home Values Could Fall 50% - Flood Insurance Will Rise - Housing Crash

David Burt, was a consultant at Cornwall Capital, a firm that famously shorted the subprime mortgage market in a feat chronicled in Michael Lewis' book, "The Big Short." In recent years, he's been sounding the alarm on the widespread threat that flooding poses to the US housing market. Now Hurricane Ian, which ripped through Florida this week, killing at least 21 people and leaving tens of billions of dollars of estimated damages in its wake, could mark a turning point for both insurers and homeowners. It is predicted that FL home values could fall up to 50% due to many issues surrounding the pending rise in Flood Insurance costs for areas that have been hardest hit by the Hurricane.

This channel discusses recent articles, data and information about the Housing Bubble, Housing Crash, Home Prices, Forbearance, Foreclosures and Short Sales.

Additionally there is a focus on Mortgage Delinquencies, Mortgage Rates, FHA Loans, Real Estate Investing, and Housing Market Predictions for 2022 and Beyond.

Today is September 29th 2022 and Randy will discuss the following topics:

Mortgage Rates Top 7%
Pending Home Sales Down Again
Case Shiller July 2022 Data

Need to See Foreclosure Data ? I have entered into a partnership with the leading provider of distressed property data, Foreclosure.com.

For a Free Trial click on the link below:

https://www.foreclosure.com/?rsp=3325

** Additional Medium **

Visit/Like/Follow my new FaceBook Page
Housing Bubble 2.0
@HousingBubble2

I will conduct live Q&A sessions and other Real Estate related discussions.

****************************
Connect with me to find out more about how I can help you in Real Estate.

I offer:

Primary Home Buying in the Greater Tampa Bay Area
Investment Properties & Turn Key Real Estate Investment Program
Off-Market and REO Properties
Real Estate Education Products & Services
Market Research & Consulting
Multi-Family & Other Commercial Assets
Build To Rent & Build To Flip Investments

I can be reached at:

Randy Patrick
Licensed Real Estate Broker
WestBay Real Estate, Inc.
813-833-2045
randy@luxuryshortsales.com

*****************************
The free report for the Top 10 Reasons Why We Will Have Another Housing Crash and Housing Crisis can be downloaded at:

www.HousingBubble2.com

If you have any questions, or wish to discuss Housing or Real Estate Investment, You can reach me directly at: randy@luxuryshortsales.com

Also, please help our channel grow by clicking like, commenting, sharing our videos and subscribing to our channel.