Its ugly in housing right now in most places. At the top of the market, Zillow had my home valued a little over $500,000. Today I'd be lucky to get $300,000. I know it's an ugly market - and worse in Florida.
Florida's been bad for a few years now. I did some on-sight research for a friend in the panhandle. I drove through towns where over half of the entire town was for sale. It's going to take awhile for things to settle there.