I'm not surprised. I know people have flipped them in the Cleveland area for about that and Florida seems like it'd be a better area for that.
Are you into real estate?
Nah. I'm into futures. I probably should be into real estate. I do own a house that is worth probably 500K. BUT: the area around me is going nuts. Which means my house may not be worth squat. They are tearing down all the old houses around me and building million dollar homes. My house isn't modernized. I may be screwed. My house may not be worth 500k. It may be only worth the land.