RBSC

Collapse

Announcement

Collapse
No announcement yet.

Islan:The worst is yet to come

Collapse
X
Collapse
 
  • Page of 1
  • Filter
  • Time
  • Show
Clear All
new posts
Previous template Next
  • #1

    Islan:The worst is yet to come

    “It has to get worse before it gets better,” Sep Niakan, broker at HB Roswell Realty told CBS4.

    Niakan tracks the luxury market on his blog CondoBlackBook.com. He says the numbers show the luxury market could be on it’s way down for the next few years. There are nearly 4,000 luxury units for sale in South Florida. At current sales rates, it would take five years to sell it all. In some places, it’s even worse. Downtown Miami has 6 and half years of luxury inventory. In Midtown, the number stands at 8 years.

    http://miami.cbslocal.com/2017/04/12...estate-market/


    Trust me ,even the below 500K its a slow down,memba mi tell yuh ,end of year- 4th quarter wi aguh see how much realtors bawl how Trump frig up di market,right now dem a "wait and see " which means I am scared to talk because of Trumpian retribution.

    NY isnt no different.
    THERE IS ONLY ONE ONANDI LOWE!

    "Good things come out of the garrisons" after his daughter won the 100m Gold For Jamaica.


    "It therefore is useless and pointless, unless it is for share malice and victimisation to arrest and charge a 92-year-old man for such a simple offence. There is nothing morally wrong with this man smoking a spliff; the only thing wrong is that it is still on the law books," said Chevannes.
    Tags: None
  • #2
    Been on the road , I see you been keeping busy , LOL.

    I can't speak to the luxury market, that is a niche. The national data don't support any slowdown though. New home sales and mortgage applications are at 10 year highs.

    The wild card will be interest rates which have been at extreme lows since the financial crisis and will likely start rising as the economy is in much better shape and demand for capital has increased. If they rise too fast then there will be disruption.

    Trumps contribution in all this is minimal to zero so far.
    "‎It is easier to build strong children than to repair broken men" - Frederick Douglass

    Comment

    • #3
      I agree with the % rates, very, very ,very tricky .Disagree with Trumps contribution so far..lol.

      Watch for coded words from business leaders like " wait and see" they should be using ecstatic words about the market.

      The Spring and Summer market will be the telling.Those figures are most likely from last quarter and they are mixed results on the national market.Some are better than some , some are worse, but look at the major markets that drive the economy, NY or Tri state - Cali , Florida & Arizona.
      THERE IS ONLY ONE ONANDI LOWE!

      "Good things come out of the garrisons" after his daughter won the 100m Gold For Jamaica.


      "It therefore is useless and pointless, unless it is for share malice and victimisation to arrest and charge a 92-year-old man for such a simple offence. There is nothing morally wrong with this man smoking a spliff; the only thing wrong is that it is still on the law books," said Chevannes.

      Comment

      • #4
        Revisted:

        South Florida’s condo market has had a rough year thanks to a grueling election season and a strong dollar. Developers including Related have delayed, suspended or canceled new projects in the absence of foreign buyers. Sales for existing condos in Miami-Dade County fell 30 percent year-over-year in October

        https://www.miamiherald.com/news/bus...119273753.html
        THERE IS ONLY ONE ONANDI LOWE!

        "Good things come out of the garrisons" after his daughter won the 100m Gold For Jamaica.


        "It therefore is useless and pointless, unless it is for share malice and victimisation to arrest and charge a 92-year-old man for such a simple offence. There is nothing morally wrong with this man smoking a spliff; the only thing wrong is that it is still on the law books," said Chevannes.

        Comment

        • #5
          The Housing Market:

          https://reason.com/blog/2018/09/04/t...more-expensive
          THERE IS ONLY ONE ONANDI LOWE!

          "Good things come out of the garrisons" after his daughter won the 100m Gold For Jamaica.


          "It therefore is useless and pointless, unless it is for share malice and victimisation to arrest and charge a 92-year-old man for such a simple offence. There is nothing morally wrong with this man smoking a spliff; the only thing wrong is that it is still on the law books," said Chevannes.

          Comment

          • #6
            Manhattan Real Estate: Slowing down!

            https://www.nytimes.com/2018/12/28/r...-activity.html
            THERE IS ONLY ONE ONANDI LOWE!

            "Good things come out of the garrisons" after his daughter won the 100m Gold For Jamaica.


            "It therefore is useless and pointless, unless it is for share malice and victimisation to arrest and charge a 92-year-old man for such a simple offence. There is nothing morally wrong with this man smoking a spliff; the only thing wrong is that it is still on the law books," said Chevannes.

            Comment

            • #7
              https://www.worldstory.net/en/storie...en_little.html
              The only time TRUTH will hurt you...is if you ignore it long enough

              HL

              Comment

              • #8
                The Housing Market:

                MarketWatch: Pending home sales slump again in November as housing market faces big chill.
                https://www.marketwatch.com/story/pe...ill-2018-12-28
                THERE IS ONLY ONE ONANDI LOWE!

                "Good things come out of the garrisons" after his daughter won the 100m Gold For Jamaica.


                "It therefore is useless and pointless, unless it is for share malice and victimisation to arrest and charge a 92-year-old man for such a simple offence. There is nothing morally wrong with this man smoking a spliff; the only thing wrong is that it is still on the law books," said Chevannes.

                Comment

                Previous template Next
                Working...
                X