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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: the_wheel who wrote (7741)1/2/2003 7:22:46 PM
From: Jim McMannisRead Replies (1) of 306849
 
RE:"What I am wondering is how come FL seems so cheap, yet the nicer homes seem so expensive. Is it crawling with cockroaches and skeeters, Molds and mildews? We gots to get somewheres to live real quick or else will be in a van down by the river, you know what that means! Maybe should stick with a DRY heat, know what I mean. Son of friend lives in Tucson, said he went to Puerto Pensasco (Rocky Point) on Memorial Day, said there was a bit of trouble. Wonder what that means? I try to avoid trouble when I have a mind"

Like every where it depends where in Florida you are looking. Like a lot of other places prices have doubled in the last couple years on desirable property. Even the undesirable stuff got dragged up.

Some reasons Florida is/seems low is that it's a low tax state and no industry to support high paying jobs. Mainly retirees. Still, it's gone up a lot.
Satellite Beach is up the east coast from me, near cape canaveral. 50 miles ese of Orlando. Space coast. Used to be some better deals up there. No so much any more.

RE:" yet the nicer homes seem so expensive"
Could be waterfront. All location as usual.
Jim
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