Real Estate
Tags: Real Estate
Real estate in Florida is plummeting in value. Houses are dropping in value as much as $300,000, down to only $125,000 and still going down. If you think you'll get a realy bargain, consider that out-of-staters are taxed at a much higher rate than Floridians and house insurance is very expensive in areas that are prone to hurricanes, that's if you can get insurance on your house. Insurance companies don't like to insure houses that are empty a good part of the year.
Real estate in Florida is plummeting in value. Houses are dropping in value as much as $300,000, down to only $125,000 and still going down. If you think you'll get a realy bargain, consider that out-of-staters are taxed at a much higher rate than Floridians and house insurance is very expensive in areas that are prone to hurricanes, that's if you can get insurance on your house. Insurance companies don't like to insure houses that are empty a good part of the year.