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ScorpioBornIn69
Reventure Consulting
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Comments by "ScorpioBornIn69" (@ScorpioBornIn69) on "Florida is crashing (Top 10 Cities where Prices are Dropping)" video.
I believe that a crash is predicted to come and not just here but the country as a whole.
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It depends where you move to in Florida. There are still homes and pretty good ones for under $150,000 and that is in rural areas and most of the panhandle. Avoid the cities though.
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Property taxes are not bad, Florida rank in the middle at #26 in property taxes but the insurance costs is by far the big killer no thanks to the recent hurricanes over the past 7 years.
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Where at in Lakeland? I'm on the northside and homes here average about $280K - $320K.
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@freedomoffgrid82 If we get lucky and not have a hurricane for at least another five years it'll help ease off the hyper insurance costs.
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"What goes up must come down." It is what is called a 'correction,' just like what we see in stocks and commodities when prices get quite high and the selling comes to make profits off of them.
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Those who bought a home just after the Great Recession between 2009 - 2012 will be the fortunate ones now that their home values have almost tripled.
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I live in Lakeland and right now really do not see such a crisis at this time. Miami is another whole story where it is now in the Top-10 most expensive cities, ranking #10 and where housing prices are twice then they are here in Lakeland.
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@MB031 HOA is a joke and hurricanes in the recent years are the cause of the outrageous insurance costs.
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It'll be a correction, almost similiar in the stock and commodity markets when prices get high and selling for profit comes.
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It depends where you move to in Florida. There are still homes and pretty good ones for under $150,000 and that is in rural areas and most of the panhandle. Avoid the cities though.
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The entire nation will see this crash, not just certain states. Housing in the country as a whole is beyond affordablity for most and is another bubble waiting to burst.
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