It wasn't because of COVID

During the COVID 19 pandemic, many of us thought that there would be many owners of real estate and other assets that would begin to have financial difficulties, and that the supply of these properties would be abundant and would increase... We did not really see that happen, on the contrary, with the arrival of many people to Florida, we saw rather how the real estate sector became more dynamic, reaching price increases like never before and an unprecedented shortage of inventory...

Today is different

But what we are seeing now is that after the COVID 19 pandemic has passed, with all the financial adjustments in many countries, the considerable rise in interest rates to curb inflation, and the devaluation of many currencies in relation to the dollar, those distressed assets are starting to appear... And the fact is that many of these governments had lowered their interest rates in an attempt to support the economies most affected and vulnerable due to the pandemic... But with the economic recovery and inflation reaching record levels not seen for 40 years, especially in the United States and the United Kingdom, interest rates have been rising, which is causing many maturing loans to be refinanced at very high interest rates, making them unaffordable...

The Time is Now

That is why in the short term we will surely see many homeowners forced to sell their properties to finish covering these loans, since refinancing them will be more expensive while people's purchasing power decreases and their salaries are not increasing in the same proportion as inflation increases and credit rises...

The prediction for next year

What the experts say is, that "with a difficult economic climate, the conflict in Ukraine, rising inflation and unstable markets, real estate investors are now the most pessimistic", and that is, with distressed assets, the desire to secure their capital and slower than usual negotiations, we understand that this will be the trend for next year....

Who is taking advantage?

There are already many real estate companies taking advantage of such distressed assets, which also have huge accumulated capital, waiting to inject it into the real estate sector, surely, they are just waiting to invest in opportunities that will generate the highest returns now and in the short term... Now, at JMK Property Investment, being experts and connoisseurs of the current real estate market trends, we can only invite you to take advantage of this moment and not wait until the financial difficulties are pressing to go out and buy or sell properties... Surely many more will be waiting for the same thing, and what we can be sure of, is that while you wait, the best opportunities will be passing in front of your nose and someone else could take advantage of you...

We advise you well

At JMK Property Investment we have the best options in the market and we want to help you by giving you professional advice so that you can make the best decisions and leave everything in our expert hands… So be sure to contact us for free and personalized advice, call us at (305) 930-1160 or visit us at 605 Lincoln Rd Suite 250, Miami Beach FL 33139.