As a Florida born native of 40 years I am absolutely amazed at how low real estate prices have gone!
I was in New York City yesterday talking to my taxi driver, who said he bought a lovely home with a swimming pool in Kissimmee for $140,000 in the 90s. LOL Now prices in 2010 are around the same as 20 years ago! We had a chuckle and couldn’t believe it.
No wonder buyers from around the world from Canada, England, Ireland, Germany, China and India are buying vacation homes and condos (less maintenance and work when away) in Florida. The sunshine state never disappoints and our beaches are gorgeous.
Paul F Davis – Global Properties Consultant