>>ZAC LASHWAY: YOU KNOW YOU CAN RETURN SHOES THAT DON’T FED OR SWEATER IN THE WRONG COLOR, BUT
YOU CAN’T RETURN A HOUSE.
A RECENT STUDY SHOWS 55% OF
PEOPLE WHO BOUGHT A HOME DURING
THE PANDEMIC REGRET
THEIR DECISION LOCAL REAL ESTATE EXPERT LINDSAY DELLA SALA FROM THE DJ AND LINDSAY
TEAM JOINS US NOW WITH TIPS ON
HOW TO AVOID
BUYER’S REMORSE YOU KNOW
LINDSAY WHEN YOU HEAR THIS THIS
IS SAD.
>> I MEAN IT’S A LITTLE CRAZY,
BUT
YOU KNOW 30% OF PEOPLE THEY’RE
SAYING THEY’RE REGRETTING THEIR
DECISION BECAUSE OF FINANCIAL
REASONS AND WE KNOW IT’S BEEN A
TOUGH YEAR FOR A LOT OF PEOPLE
ON THE
JOB MARKET AND THERE’S JUST NO
INVENTORY SO WE CAN SEE YOU
KNOW HOW EASY IT IS FOR PEOPLE
TO
MAKE THESE.
>> MAYBE RUSH DECISIONS I WAS
GOING TO ASK WHY BUT YOU KNOW
WHEN YOU TALK MONEY WHEN YOU
TALK FINANCES. IT ALL ADDS UP.
>> I MEAN PEOPLE ARE YOU KNOW THEY’RE MAKING A MISTAKE. THEY’RE FALLING IN LOVE WITH
THE HOME WITHOUT PROPERLY
CONSIDERING WHAT I THINK
PROBABLY THE NEIGHBORHOOD AND
WHAT THEIR FUTURE LIFESTYLE BE
WHEN THEY’RE RELOCATING HERE TO
NORTH FLORIDA.
THERE’S A LOT YOU CAN FIND OUT
ABOUT A PLACE BY
LOOKING ONLINE. BUT YOU KNOW
YOU REALLY NEED TO TAKE THE
TIME DRIVING AROUND TOWN FIND
THE AREAS. YOU ENJOY BECAUSE A
LIFESTYLE IS NOT SOMETHING YOU
CAN LOOK UP ON GOOGLE MAPS.
>> SO WITHOUT WHAT’S
GOING ON. IN THE CURRENT REAL
ESTATE MARKET BECAUSE OF THIS
SO MANY GOT SO MANY PEOPLE
GOING OUT BUYING A HOME NOW
REGRETTING IT. WHAT IS THE REAL
ESTATE MARKET LOOK LIKE RIGHT
NOW.
>> YES, SO THE JACKSONVILLE
HOUSING MARKET IS THE CRAZIEST
IT EVER BEEN IN ALL MY YEARS IN
REAL ESTATE, IT’S FAR AWAY AS SELLERS MARKET, IT’S PUSHING BUYERS TO ABSOLUTE EXTREMES.
THEY ARE SKIPPING INSPECTIONS
WAVING
APPRAISAL CONTINGENCIES EVEN BY
HOLES THEY’VE NEVER SET FOOT
INSIDE AND WE’RE
STILL SEEING. THESE BIDDING
WARS BUYERS GOING SOMETIMES
WELL ABOVE THE ASKING PRICE.
BECAUSE THERE’S JUST NO
INVENTORY, THERE’S NO HOMES FOR
SALE. WE EVEN HAD
A CLIENT WHO OFFERED ONE 0.1
MILLION DOLLARS IN CASH OR
HOME. STEP
CASH AND HE DIDN’T GET IT SO
SOMEONE PUT IN
AND EVEN HIGHER CASH OFFER MORE
THAN A $100,000 SO IT’S JUST
CRAZINESS RIGHT NOW. WHAT IS
FUELING THIS FRENZY.
WE JUST HAVE THIS SUPER LOW
SUPPLY OF HOMES
AND SUPER HIGH DEMAND WE STILL
HAVE THOSE VERY LOW INTEREST
RATES THAT’S ALSO CAUSING
PRICES TO INCREASE. SO YOU KNOW
LESS THAN
3 YEARS AGO. A 3 BEDROOM 2 BATH
STARTER HOPEFUL FOR
300,000. THAT’S THE MOST
RECENTLY LISTED AGAIN 525,000
12 OFFERS THE
SAME DAY. SO YOU KNOW WE’RE
JUST GETTING THESE CALLS FROM
PEOPLE OUT
OF STATE. EVERY DAY THEY’RE
LOOKING TO WORK REMOTELY
LOOKING FOR WARM ESCAPES AND
NORTHWARD IS WHERE THEY’RE
COMING.
>>ZAC LASHWAY: AND CERTAINLY
THE PANDEMIC HAS
SHAPED THAT YOU HAVE SO MANY
PEOPLE LEAVING MAJOR
METROPOLITAN AREAS, NEW YORK
CHICAGO, SAN FRANCISCO AND
COMING TO A PLACE LIKE NORTH
FLORIDA WHERE THE WEATHER IS
PRETTY NICE ALL YEAR ROUND BUT
REALLY THE COST OF LIVING IS
QUITE AFFORDABLE.
>> YEAH, I MEAN WE REALLY DO WE
HAVE GREAT WEATHER HERE.
WE HAVE 4 SEASONS HERE IN
NORTH FLORIDA. AND THEN OF
COURSE WE ARE A SAFE HAVEN FROM
TAXES SO WE ARE SEEING A LOT OF
BUYERS COMING FROM THOSE HEAVILY TAXED CITIES AND STATES EAST AND WEST COASTS
AND YOU KNOW THEY’RE COMING TO
FLORIDA LOOKING FOR MORE SPACE
GREAT MOTHER.
>>ZAC LASHWAY: YOU KNOW WHEN I
HEAR ABOUT THAT ONE 0.1 MILLION
CASH OFFER COMING UP SHORT.
IT’S KIND OF A LITTLE SCARY HOW
CAN YOU MAKE SURE YOUR OFFER
STANDS OUT IN A
SELLER’S MARKET.
>> RIGHT SO IN A MARKET LIKE
THIS WE’RE DEFINITELY IN A
RECOMMEND THAT YOU’RE GOING TO
WORK WITH AN
EXPERIENCED TEAM. THE DETAIL OF
THE TEAM WE’RE SELLING MORE
HOLES THAN ANYONE HERE IN NORTH
FLORIDA. SO WE CAN DEFINITELY
HELP YOU NAVIGATE THE SOME OF
THOSE THINGS. BUYER CONCESSIONS
BIDDING WARS, YOU KNOW ALL OF
THOSE OTHER FACTORS THAT ARE
EXPERTISE WILL REALLY HELP
WITH.
SO THAT’S THAT’S WHAT ABOUT THE
OLD FASHION HAND WRITTEN LETTER
TO THAT THIS HOUR DOES THAT
STILL WORK
THESE DAYS.
>> WE’RE DEFINITELY CAUTIONING
AGAINST NOT JUST BECAUSE OF
FAIR I ASK YOU WANT TO KIND