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Answers (4)

- Pasadenan
- Contributions:21489
And none of that even considers the impact of the oil spill on the coast or on business.

- Whitney T
- Contributions:27
Stan Humphries, chief economist at Zillow, believes that Florida will take longer to recover from the real estate recession than other states hit similarly hard by the crash. Why? Florida is still seeing monthly depreciation rates and foreclosures are not being processed very quickly.Here are two recent articles that summarize what's happening to Florida home values.
http://blogs.palmbeachpost.com/realtime/2010/06/04/floridas-recovery-will-lag-nation/
http://www2.tbo.com/content/2010/jun/05/bz-floridas-housing-slump-is-years-from-recovery/news-realestate/
http://blogs.palmbeachpost.com/realtime/2010/06/04/floridas-recovery-will-lag-nation/
http://www2.tbo.com/content/2010/jun/05/bz-floridas-housing-slump-is-years-from-recovery/news-realestate/

- Pasadenan
- Contributions:21489
Sunnyview is right. Absolutely not! Don't you look at the market trends that Zillow provides on the "local info" pages?
And you think the end of the $8k government give away is going to have absolutely no effect? Where is your reasoning? And more job loss and more foreclosures still coming....
And you think the end of the $8k government give away is going to have absolutely no effect? Where is your reasoning? And more job loss and more foreclosures still coming....

- sunnyview
- Contributions:25169
No.


Do yu think the market price has hit bottom in Florida yet?
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