- Jun 18, 2009
- Reaction score
So, think in this a moment.I'm in florida as well--they are buying houses not even looking at them.....house prices since last year for homes on the water have about doubled with most everything pending. Houses that sold for $370,000 last year are on market for this year $200,000-$300,000 MORE for the exact same house and it isn't updating. Usually in the winter, our roads have heavier traffic then by easter people go back up north making our towns far far less congested. Our roads are still packed and packed heavier than normal snowbird season--there is construction everywhere---people are putting houses whereever even on very busy busy streets....I knew it was bad when new yorkers/new jersey/New Hampshire/Connecticut cars were staying here--even worse you could here loud mouth New Yorkers and see that they had license their cars for Florida--they aren't leaving. Now we are seeing a bunch of Minnesota license plates-----and all of these people desperately trying to find homes---not even the mobiles but real homes.I personally distrust Zillow prices, at least in my area.
They put 15 to 20% down on a 500k home in Florida.
A hurricane comes along this summer and wipes their home out. They collect a half-million dollars for a 100k investment.
Not a bad return since those idiots all think that hurricanes strike the same spot every year due to 'climate change'.