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11th December 2013, 05:47 AM | #41 |
Motor Mouth
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12th December 2013, 07:55 AM | #42 |
red-shirted crewman
Join Date: Jul 2004
Posts: 1,661
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Property values in Florida historically have a very slow appreciation, and often a a negative appreciation, due to oversupply. People retire to Florida, live there for several years, then die. There is always so much real estate for sale in Florida that prices almost never appreciate significantly. My father-in-law recently moved from a one bedroom condo to a two bedroom unit. He sold the one bedroom unit he had owned for over a decade for approximately what he paid for it.
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12th December 2013, 09:44 AM | #43 |
Philosopher
Join Date: Sep 2006
Posts: 6,985
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Property values here are up about 55% from the low, still down about 30% from the peak for middle class homes in suburban neighborhoods. Beachfront and beach-adjacent property is in especially short supply, and appreciating quickly. I'm not sure what the situation there is, but I expect it is similar.
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12th December 2013, 09:55 AM | #44 |
Philosopher
Join Date: Sep 2006
Posts: 6,985
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The exact opposite it true. You've missed what happened in between those years. Prices shot up dramatically and quickly then fell dramatically, with much wider swings than in most of the country. http://www.zillow.com/local-info/#me...94856%26el%3D0
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23rd December 2013, 09:19 PM | #45 |
Banned
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25th December 2013, 10:21 AM | #46 |
Muse
Join Date: Aug 2007
Posts: 728
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If they still owe money just ask the generous liberals here to donate thier own ....money.......to ......help......
OK, just relized how silly that was. Never mind. |
25th December 2013, 02:23 PM | #47 |
Gentleman of leisure
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