The Florida CONDO FIRE-SALE IS HERE! INVENTORY EXPLODES!

People are starting to have major problems with old condos that haven't been maintained properly to the point where they are just listed them for sale and hoping to get out from under them before the whole building sinks into the financial abyss. But there might be some light at the end of the tunnel. This condo crisis may actually make buildings that are in good financial standing increase in value while buildings that haven't been maintained properly fall in value.

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Articles Mentioned in the Video
https://apple.news/Ax2DMzhqKQ2y_Nw7rl...
https://apple.news/AJwqcU6tRRCqgB3Z21...
https://www.floridarealtors.org/news-...
https://www.floridarealtors.org/news-...

#realestate #housingmarket #homeprices #housingmarketcrash

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DISCLAIMER: This video content is intended only for informational, educational, and entertainment purposes. Michael Bordenaro is not a registered financial advisor. Your use of Michael Bordenaro’s YouTube channel and your reliance on any information on the channel is solely at your own risk. Moreover, the use of the Internet (including, but not limited to, YouTube, E-Mail, and Instagram) for communications with Michael Bordenaro does not establish a formal business relationship.