Florida Housing market Thread (Miami, Tampa: real estate, property taxes, rental)

[essessemm]

Originally Posted by kelly3120

by the way I think the poll sucks ...where is my catagory? ...I VOTE NO BUBBLE!

Really? OK, tell us your thoughts on why there was no bubble in Florida.

[JimKing]

Originally Posted by essessemm

Really? OK, tell us your thoughts on why there was no bubble in Florida.

When someone is this silly there really is no point in conversing. You have a better chance of teaching a cow to sing opera.

[JimKing]

Originally Posted by LingLing

Hi Kelly , welcome back. I decided to stay away from this thread and finally jumped in yesterday. Just too much inaccurate information. Congrats on the buying and selling of your house. My friend in Palm Beach County put her home on the market and sold in one day. I did a lot of prep talk which I borrowed from the thread. I even offer to house her dogs during the weekend so she can get maximal showing. Her realtor told her not to listen to me. She is right. The first couple walked into her house and it is sold. Now I told her that her asking price may be too low. She is mad at me now. If you are in PSL, I may arrange you to have your tooth taken out. Which oral surgeon do you plan to go?

Your friend will be thanking you in a few years. Honestly, Palm Beach County is drowning in inventory, foreclosures, etc. Your friend either:

1. Got very lucky and landed one of the remaining suckers....and there are people still buying houses that will be worth much less in a few years.

2. Priced her house right. It may not seem right as it sold in one day. But have her check comparables in a year to what she got....then ask her how she feels.

[carolac]

This is uncalled for. She's only 25 years old. What are you so paranoid about? Please get over yourself.

Originally Posted by JimKing

When someone is this silly there really is no point in conversing. You have a better chance of teaching a cow to sing opera.

[THX 1138]

Originally Posted by JimKing

Your friend will be thanking you in a few years. Honestly, Palm Beach County is drowning in inventory, foreclosures, etc. Your friend either:

1. Got very lucky and landed one of the remaining suckers....and there are people still buying houses that will be worth much less in a few years.

2. Priced her house right. It may not seem right as it sold in one day. But have her check comparables in a year to what she got....then ask her how she feels.

Your exactly right, home prices in Palm Beach County are over-inflated and there is tons of inventory on the market. People holding out hope that they can still sell for a insane profit. The thin ice they are walking on could rear it's ugly head over the next 3-4 months, if we have a repeat of the 2004-2005 Hurricane Season. I hope not but living in Florida it's something you now can't take for granted.

[ddlove01]

Originally Posted by JimKing

When someone is this silly there really is no point in conversing. You have a better chance of teaching a cow to sing opera.

I don't think this comment was necessary...Also, it wouldn't matter if she was 25 or 65, at least she participates in conversations on this board.

Why does everyone bring up North Port on this board, is that the next hot market or something? Is that near Punta Gorda? I checked it out, homes are in the 200K range just like everywhere else.

By the way, since we are talking age, my husband and I bought our first house at 19, so I am very educated with my local real estate market. Would I buy a home in my area for 200K? Probably if I wasn't moving out of state. We almost upgraded in our town twice over the last 4 years, but decided against it for financial reasons. We both miss the seasons and are moving to NC.

[rstate]

Originally Posted by JimKing

When someone is this silly there really is no point in conversing. You have a better chance of teaching a cow to sing opera.

The reason he makes replies like this is because he has a huge ego and thinks he knows everything about real estate. Look at his previous posts... he has something to say about every city in Florida and tells people the price to pay for homes everywhere. If someone buys a home now, he calls them a sucker. And to top it off, he doesn't even live in Florida, he lives in PENNSYLVANIA!!!

[Carbondated]

Originally Posted by rstate

The reason he makes replies like this is because he has a huge ego and thinks he knows everything about real estate. Look at his previous posts... he has something to say about every city in Florida and tells people the price to pay for homes everywhere. If someone buys a home now, he calls them a sucker. And to top it off, he doesn't even live in Florida, he lives in PENNSYLVANIA!!!

The guy is as entitled to his opinions as you and I. Where he resides is irrelevant.

[Sarasota_Blues]

Originally Posted by Carbondated

Just my humble opinion...North Port is a pit. North Port has been a pit for over 20 years.
I wouldn't move there if the houses were being sold for $5.00.

A truer statement has never been written. The reason why North Port is constantly discussed here, is because it is the poster child of Florida cities that overbuilt during the boom years. As for the town itself, there is nothing there! Just miles and miles of roads built mostly in the 70's and 80's running through the Everglades with the hope that homes would eventually be built there. There is no city there, no culture, no ambiance,...nothing but a few homes here and there, and vacant lots.

Where I work, 3 different families all bought homes in North Port over the last few years, for about $200k. The only reason why homes even sell there is because they cannot afford a home in Sarasota. There is a reason why homes in Sarasota are considerably more expensive than surrounding communities. The city of Sarasota offers almost everything that anyone interested in the Florida lifestyle could want. North Port, which is actually south Sarasota County, and gives Sarasota in general a bad name when they talk about a real estate correction, is like living in the middle of the Everglades.

There's a reason why prices there have fallen faster than its intra-county neighbors. I too wouldn't live in North Port even if it was the last affordable place to buy in Florida.

[kort677]

Originally Posted by Carbondated

The guy is as entitled to his opinions as you and I. Where he resides is irrelevant.

yes he's entitled to his opinions but how relevant can those opinions be if he isn't even here in FLA?