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To: dennisw
Florida hit by 'worst real estate crisis in decades' as desperate condo owners slash prices by up to 40%

Sounds like a buying opportunity to me - Florida is going to keep being attractive for people looking to move from blue states.
9 posted on 08/18/2024 7:07:08 AM PDT by AnotherUnixGeek
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To: AnotherUnixGeek

This buying opportunity comes attached to rapid homeowners insurance premiums, ridiculous HOA fees, requirement to learn Spanish, and increasing crime.

Holding costs are significant - though if money is no object, no worries.

Investment yields will be minimal


19 posted on 08/18/2024 7:43:06 AM PDT by aMorePerfectUnion (🦅 MAGADONIAN ⚔️ )
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To: AnotherUnixGeek

My wife has a lot of relatives in the MW, who spend their winters in Floriduh.

Now instead of 3-6 months rent, they may become Floriduh condo owners.


27 posted on 08/18/2024 8:18:11 AM PDT by Grampa Dave (If our votes mattered, "Would our votes be counted as either helping Trump or helping Kamala!)
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