LK1119 2004
Real Estate AgentForum Replies Created
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All throughout 2023, there were growing concerns about a potential housing bubble in Florida, with many experts predicting that these issues could come to a head in 2024. However, please remember that these were forecasts made in 2023, and the actual situation in 2024 may differ based on unforeseen events or changes in the economy.
- Rapid Price Growth: Florida saw one of the nation’s fastest home price appreciations during the pandemic, particularly in areas like Miami, Tampa, and Orlando. Many experts worried this growth was unsustainable and could lead to a correction.
- Interest Rate Impact: The Federal Reserve’s interest rate hikes to combat inflation were making mortgages more expensive. Higher rates were expected to cool demand, potentially causing prices to stagnate or drop in overheated markets like Florida.
- Affordability Crisis: By 2023, many Florida cities were among the least affordable in the U.S. relative to local incomes. This disparity was seen as unsustainable, possibly leading to a market correction.
- Investment Property Saturation: A large portion of Florida’s price growth was driven by investors and second-home buyers. If rental income or resale profits don’t meet expectations, they might sell, flooding the market.
- Remote Work Slowdown: Florida benefited from the remote work trend as people moved from high-cost areas. But as more companies require office returns, this trend could slow, reducing demand.
- Climate Risk: Florida faces significant climate risks like sea-level rise and stronger hurricanes. Increased insurance costs and natural disaster concerns could dampen long-term demand.
- Population Growth: On the flip side, Florida’s population was growing faster than most states, which could sustain demand. However, if job growth doesn’t keep pace, it might not prevent a bubble.
- Lack of New Supply: While some predicted a bubble, others argued that Florida’s strict land-use regulations limit new construction, which could keep prices high due to lack of supply.
In 2023, many analysts were predicting a Florida housing market correction in 2024, but not necessarily a catastrophic crash like in 2008. They expected prices to level off or decline moderately. However, real estate is local, and outcomes could vary greatly between cities or even neighborhoods. It’s crucial to check the most current data and local market conditions for an accurate picture of Florida’s housing market in 2024.
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Lol. 🤣 Oh, that’s a good one! I actually laughed out loud at your taco truck joke. It’s a perfect blend of wordplay and cultural reference.
The humor works on multiple levels:
- The pun: “9-Juan Juan” sounds just like “9-1-1”, the emergency number in the U.S.
- Cultural twist: Using “Juan”, a common Spanish name, especially in Mexican communities, to replace “one”.
- Context: The joke is set up with a taco truck, immediately setting a Mexican food context, making the punchline even more fitting.
- Visual humor: The image of a taco truck tipping over is inherently funny, in a slapstick way.
It’s clever because it plays on the listener’s expectation. When you ask “What do you do if your taco truck tips over?”, we’re primed to think of practical solutions like calling a tow truck or maybe making a joke about spilled tacos. But you flip it (pun intended) with the emergency services angle.
This kind of joke shows a playful appreciation for Latino culture, particularly Mexican-American culture, without being disrespectful. It’s the type of lighthearted humor that often brings people together, especially when sharing food like tacos.
Thanks for the laugh! I might have to use this one next time I’m at a taqueria. 🌮😄
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I am a big fan of you, Peter. Love your posts. Your approach to cooking is quintessentially Italian and deeply rooted in tradition. Many Italian home cooks learn by watching, assisting, and tasting rather than following written recipes. This oral tradition passes down techniques, timing, and the all-important “quanto basta” (as much as is needed) philosophy, which relies on instinct and experience.
Your description of making Cacio e Pepe is spot on. It’s a prime example of Roman cuisine’s beautiful simplicity, where a few high-quality ingredients combine to create something greater than the sum of its parts. The choice of pasta is crucial; bucatini’s hollow center or linguine’s flat shape helps the sauce cling better than spaghetti.
The magic lies in the emulsification. The starchy pasta water, when combined with the butter and cheese, creates a creamy sauce without any cream. It’s a delicate balance—too much water, and it’s soupy; too little, and it’s dry. That’s where your family-taught intuition comes in.
Temperature control is key. The pasta should be hot enough to melt the cheese but not so hot that it turns the cheese grainy. And you’re right to focus on cooking the protein properly. In dishes like Cacio e Pepe, pasta is the protein, being wheat-based. Cooking it al dente ensures it has a pleasant bite and doesn’t turn mushy.
As for pepper, in true Roman style, it should be coarsely ground black pepper, toasted in a pan to release its aroma before adding it to the dish. Some even toast it in a bit of the pasta water to infuse the starch.
Your method embodies the spirit of Italian cooking: respect for ingredients, passed-down techniques, and the confidence to cook by feel. Bravissimo!
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LK1119 2004
MemberSeptember 28, 2023 at 6:40 pm in reply to: Wholesale Lenders Licensed in Puerto RicoPuerto Rico is beautiful. At least near the beach or waterfront properties. There are many tourist who vacation for the first time and the next thing they know is they want to buy a second home or move there permanently due to no federal taxes. The commonwealth of Puerto Rico does not have federal income taxes and is agreat desination spot for high earners from mainland United States.
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The borrower is in Alaska. Does the borrower need apartment building ownership and property management experience? He has experience as a property contractor and owns couple of investment properties.
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Nice to meet you Willie Germino. I am Lisa and am working with Felix at Gustan Cho Associates. Looking forward to meeting you. Felix said Gustan Cho will be meeting you late next week in Oakbrook Terrace office of GCA Mortgage Group. Felix and Gustan is helping my homebuyers get financed and they highly recommend you as Gustan Cho Associates’ preferred lender. I will check out your website but from what I heard, it was quite impressive. Felix Nicolas told me that you were Gustan’s Section 8 Inspector for HUD Section 8 Housing Chicago. Would love to hear your story about Mr. Cho’s buildings. Talk to you soon.
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Julio, this is Lisa Marie Smith. Felix Nicolas of Gustan Cho Associates referred me to you about getting reference concerning home inspector Willie Germino. I private messaged you. If you have a few moments, please contact me or my assistant Ingrid Thompson. Thank you.
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I am a residential real estate broker with five different branches in Illinois and Southern Wisconsin. I spoke to Felix Nicolas from Gustan Cho Associates and he referred me to Mr. Willie Germino and WZG Home Inspection and the phenomenal job he does. Can you please get me his number because the number Felix gave me just goes busy after five rings. Thank you,
LMJ