Quote:
Originally Posted by Randall55
Reducing the price is possible with an owner who bought before the post covid surge. They will still see substantial profit. Considering closing costs, those who bought after covid cannot reduce the price unless they are willing to lose money or break even. IMO, if you do not plan on living in your home until you die, this is a terrible time to buy.
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I agree that it is a terrible time to buy in Florida......period. My logic may be different than many, but the coast or Miami is a bad place to buy if you plan on living 20 or more years or plan on giving your property to your children......because the oceans are rising due to melting glaciers-worldwide. And the coasts are susceptible to MORE DESTRUCTIVE HURRICANES. Inland Florida like The Villages has the problem of excessive HEAT that is increasing in the SUMMER and hurricanes that MAY reach inland.
........Also, most of Florida has traffic problems throughout the winter.