REALIST NEWS - Miami “Preconstruction” Condo Flippers Drown in Glut

in #real8 years ago (edited)

Out of 10 areas all very close by in Miami, 5 out of 10 of these areas in which multi-story condos are being built, still have tons of condos for sale, many of which were completed last year. The other 5 areas are due to be completed this year and one next year.

Can you say housing bubble 2.0? Just take a look at zillow and also while you're there, look at the blue dots (they mean foreclosure/auction). Zoom in as well and watch even more pop out. This is the beginning of the end of the housing market and this time prices will get crushed far worse than the aftermath of 2008 which was around 2011-2012.

Sort:  

Wow, another youtuber here! Welcome!

Jsnip.. love your work . Great to see your information on this platform as well!

Great show jsnip4 been following your you tube channel I am new to steemit I apreciate your show and your opinion clifhigh rocks too bang on with the bitcoin stuff can't wait for the silver to run too be your owncentral bank man great stuff keep up the good work

Speaking as a R.E. sales associate, be careful of Zillow.......it has been found to be grossly inacurate.

JSNIP! Love your shit. been watching you for at least a year since i got sucked into the silver market. Been stacking nonstop ever since! Half way to your golden oz goal. Silver, to infinity, and beyond!

Did you do the may webbot review. If so I missed it. I look forward to those.

whoo hoo, I found jsnip in steemit! I am one of your you tube followers,glad to see you here.

I found you. You can't hide from me jsnip4! Steamy.

I'm wondering the change of the average square feet of real estate built per local resident. I would imagine the average square feet has risen very high over the past 10 years.

LOL 😂! I just posted a comment on your YouTube Channel, not knowing that you were already making STEEM on STEEMIT. Glad to find you here. Love your daily reports.

By the way, any tips on Litecoin? Thanks in advance. 🎈

So great to see you here on Steemit!
Welcome. I love listening to your videos.

Hey Joe, Really enjoying your insight and info on whats currently going on in the US, World and global markets - keep up the great work. Just a tip add the #tag #steemit to your posts - it will get more hits on the hot & trending!

Joe is in tha house :) finally!!

Jsnip! I was surprised to your steemit link on youtube. Welcome! I really appreciate on your works!

Welcome @jsnip4. Very cool that you are here :-)
Follow you.

Great to see you here at Steemit!
A great beginning!!

Sorry to be off subject, but jsnip, could you please make a video explaining Steemit, if you understand it yourself.
Thanks so much.

It seems like you have been on Steemit since last year. So there could possibly be comments made way back then, which I missed. You are now in a position to make an honest evaluation about this website. I know that you have a lot of good common sense and it would be nice to get your feed back on this subject. Thank you jsnip.