[Ollie]

Does this ruling from the judge on the NAR lawsuit mean that the entire real estate Industry will change? Will real estate agents be affected?

[Ollie]

I respectfully disagree with FANNIE MAE HOUSING FORECAST in 2025. I think mortgage rates will be very volatile and home prices will plummet more than 30%. Inflation will keep surging as long as the Federal Reserve Board keep printing money and the main FAKE NEWS media keep lying about how great the economy is.

[Ollie]

Many people thought moving to the Sunshine State was like living in Paradise. Many folks always thought that Florida was heaven on Earth. However, I suggest twice before selling everything you own and have worked for and move to Florida before doing some serious due diligence.

https://www.youtube.com/watch?v=sX-mqKlV9ZU&ab_channel=KEVIN

[Ollie]

While Florida is a popular destination for its sunny weather and beautiful beaches, there are several reasons why some people might choose not to move there:

1. Weather Extremes: Florida is known for its extreme weather conditions, including high humidity, intense heat during the summer months, and frequent thunderstorms. Additionally, it is prone to hurricanes, which can be a significant deterrent due to the potential for property damage and personal safety risks.

2. Pest Issues: The warm climate supports a thriving population of pests, including mosquitoes, which can carry diseases such as the Zika virus, and other insects like palmetto bugs (large cockroaches). This can be a nuisance and a health concern for many residents.

3. High Tourist Traffic: Florida is a major tourist destination, particularly cities like Orlando and Miami. This can lead to overcrowded attractions and beaches, increased traffic, and higher costs during peak tourist seasons, which might detract from the local quality of life for residents.

4. Insurance and Property Costs: Homeowners in Florida can face high insurance costs, especially for hurricane and flood coverage. Property prices in desirable coastal areas can also be prohibitively expensive. Additionally, the risk of property damage from natural disasters can lead to higher maintenance and repair costs.

5. Environmental Concerns: Certain areas in Florida face environmental issues such as rising sea levels, which contribute to coastal erosion and increased flooding. Red tide, a harmful algal bloom, also affects Florida’s waters and can cause respiratory irritations and impact marine life, affecting both tourism and local lifestyle.

6. Limited Public Transportation: Many areas in Florida have limited public transportation options, which means residents often need to rely on cars. This can lead to traffic congestion and requires residents to bear the cost of vehicle maintenance, fuel, insurance, and parking.

Each of these factors can influence one’s decision on whether to move to Florida, and they highlight the importance of considering personal lifestyle preferences and tolerance for certain inconveniences and risks when choosing a place to live.

[Ollie]

NEXA Mortgage LLC leadership solit has a $6 29 Billion dollar empire at stake the largest mortgage company in the United States 🇺🇸 has an estimated $6.29 Billion market value and that valuation is at stake with the recent shakeout of leadership which is the termination of Co-founder Mat Grella

CEO Mike Kortas is the Chief Executive Officer and senior partner who has 50.5% of the company and is obviously the chief Dog at NEXA Mortgage.

https://super.news/en/articles/2024/03/28/nexa-mortgage-faces-leadership-crisis-6-29-b-at-stake

super.news

NEXA Mortgage Faces Leadership Crisis, $6.29B at Stake

- NEXA Mortgage co-founders Mike Kortas and Mat Grella are ending their partnership; Grella has been terminated from daily operations. - Negotiations for the buyout of Grella's minority share are ongoing, with potential litigation hinted due to

[Ollie]

Thank you Bill for clarifying everything. The mortgage industry is a very complex industry and I have been getting conflicting answers with almost everyone I talked to but you knocked it out of the ballpark.

[Ollie]

You can now qualify for two-to-four unit multifamily homes with conventional loans with 5% down payment. There’s no self sufficiency test on conventional loans.

[Ollie]

Any updates on when VIRAL WEBSITE DEVELOPERS will be launching the all in one loan officer training and organic lead generation system?

[Ollie]

Thanks for sharing your experience and your knowledge in the experience in the industry with us, Brent.