Epic Real Estate Investing - Midwest & South Shift: Why Everyone's Moving and What It Means for Real Estate Investors | 1330

Episode Date: August 14, 2024

Curious about the future of real estate? This episode breaks down the game-changing trends for 2024 that you need to know. From the migration to Midwestern & Southern states and the booming new constructions to the revolutionary impact of the market, we cover it all. Plus, discover the fascinating rise of tech-backed utopian societies and what they mean for the industry. If you’re a private investor, these insights could be your key to maximizing returns. Tune in to stay ahead and make informed investment decisions. Don't miss out! Learn more about your ad choices. Visit megaphone.fm/adchoices

This is Terio Media. Hey, strap in. It's time for the Epic Real Estate Investing Show. We'll be your guides as we navigate the housing market, the landscape of creative financing strategies, and everything you need to swap that office chair for a beach chair. If you're looking for some one-on-one help, meet us at rei-a-a-com. Let's go, let's go, let's go, let's go, let's go, let's go.

Let's go. Hello, and welcome, welcome to Epic Real Estate. estate investing podcast. My name is Mercedes Torres, and I am lucky enough to be partners in crime with Mr. Matt Terrio, the guy who created the epic real estate empire. Ever wonder where the future of real estate is headed? From AI-driven home searches to new building booms, these trends can change the game for good. Stick around to see how you can stay ahead of the curve in 2025, right after a word from our sponsor. Are you a busy professional that understands the importance of real estate but has no time to do it yourself?

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your wealth. That is cashflow savvy.com, savvy with two VEs and dashes, and dashed. Download the Frustrated Investor's Guide to Passive Income. It is a free download, and you can get started on your journey today. So let's dive right in. Today, we're diving into the hottest real estate trends. If you're in the market or just love staying on top of the latest, you're in for a treat. Now, let's sum up the problem. We've seen a massive shift of people moving.

to southern states specifically. States like Texas, Florida, Alabama, North Carolina, those are topping the charts. And why you ask, why are people moving so rapidly? Well, affordable housing, more space, and basically a laid-back lifestyle with remote work like here to stay. I mean, ever since COVID, so many companies shifted to remote work. and that is going away no time soon, but people are looking for better quality of life and bigger homes at half the cost. I mean, imagine trading your cramped apartment

for a spacious house without breaking the bank. Well, that's what people are doing. More and more people are picking up their roots and moving across the country and settling into new, more affordable, and spacious territory. Now, let's talk about the housing shortage. That's a whole other topic.

It's been tough with inventory at historic lows. I mean, I have truly never seen inventory this low in the last, potentially 20 years. But guess what? Builders are catching up. New construction is happening. It's happening slowly but surely from your typical single-family residents to tiny homes and even the new trend of manufactured homes, these are booming. Both tiny homes and manufactured homes are making a big boom in our system now. This means more homes and

potentially, potentially lower prices. So the good news is that both buyers and sellers can benefit from this change in what's happening. Then there's the tech wave. Good old AI. Artificial intelligence and augmented reality are not just buzzwords. AI helps in crafting perfect listings, predicting market trends, and even virtual staging. It's out of this world.

I mean, in most cases, you cannot tell online if a house has been virtually staged. It's amazing. Now, on the flip side, AR takes it up a step further. It's letting buyers visualize their future homes, their future investments with just a smartphone. It's like having a crystal ball for real estate, and you know me, I do not have a crystal ball. But this is close to it. So what's the solution? Now, here's something wild. Utopian societies. I mean, think planned communities backed by tech moguls, offering green spaces, clean energy, and top-notch amenities. I mean, it's a bold experiment for sure, and we don't have enough intel to figure out if it's actually going to work. But it raises the question about ethics and community impact. So love it or hated, it's worth a trend.

to watch. Now, lastly, high home prices are on everyone's mind. While prices are sky high, the market is stabilizing. New builds can ease the pressure for sure, making homes more affordable again, but it is truly a balancing act. Now, there's a difference between having a home affordable that you can live in or making an investment property affordable. But just think of this. What are you going to say in 20 years when the whole prices are going to be doubled, potentially even tripled in 20 years? Are you going to say, I wish I bought more houses 20 years ago?

So what's the big takeaway for investors? The South is booming. New construction is on the rise. Tech is revolutionizing the market and innovative communities are taking shape. What do you want to focus on? Always looking for an investment property that could potentially leave you cash flow

at the end of the month or provide you tax deduction. There's never been a better time to get savvy about real estate. Stay tuned for more insights. And don't forget to explore these trends to maximize your investment and to reach out if you need clarity on helping you take the next steps to building your real estate portfolio. Until next time, where cash flow is queen. Bye. And that wraps up the epic show. If you found this episode valuable, who else do you know that might too?

There's a really good chance you know someone else who would. and when their name comes to mind, please share it with them and ask them to click the subscribe button when they get here and I'll take great care of them. God loves you and so do I. Health, peace, blessings, and success to you. I'm Matt Terrio. Living the dream.

Yeah, yeah, we got the cash flow. You didn't know, home for us, we got the cash flow. This podcast is a part of the C-Suite Radio Network. For more top business podcasts, visit c-sweetradio.com.