The deals are on high rise appartments now. Remember the Sunrise Collapse ? It was of course taken down, did not a fall on its own. Either way the fire sales have begun three years ago, use it to your advantage negotiating. The mortgage companies and banks are hand in hand with Blackrock/Vangaurd. How ? They demand you insure 100% while holding a mortgage, then they say they will not insure. Now what ? They default your mortgage and take the house, so beware. We are on the sixth month from peak pricing, its all falling now, so keep that in mind. Aso migrants are gone, so vaccancies everywhere, the state was paying big $$$ for these rats to live, now they are gone. More good news, retirement communities are emptying out at record pace. Dead everywhere. So huge vacancies in 55+ communities and the best deals. This place rocks, was my vacation retreat and soon I will be considering full time. Tampa is a great place with alot of college and mature families, the Clearwater area is very pricey so keep it in mind, shop around though, your in the driver seat !

West coast has great sunsets and very shallow beaches, the east coast is generaly cooler, more so if you go inland about 8 miles. More forest, more comfortable.

Naples , just south of Tampa has one of the best healthy grocery / farm / food stores in the country :

https://oakesfarms.com/

I live in Ruskin, which is 30 to 40 minutes away (right over the Skyway Bridge). Unfortunately, prices are outrageous in Pinellas County, which is why we moved to Hillsborough County from Clearwater. The problem with our counties is that hurricanes tend to cause a lot of damage and insurance companies like to slow roll and find one of the many endless technicalities to not pay.

There's only one place in St Pete that does not require flood insurance. It's a mound of high ground. The only other one is in Clearwater, a high ground area where flood insurance is not required. But regular homeowners insurance is required with a mortgage. Adding flood is expensive.

Yes they are high, but I don’t think people are moving out because of that. Check what category of hurricane the house is rated for. And make sure that the roof is new. It’s expensive and often a long waiting list.

I bought my house in 09 during the collapse. live in central FL and never have a problem with flooding or anything else. by the time a huge hurricane makes it here, there is usually not much damage unless you live in a low area or big city that may flood due to too many people in 1 area. or big and or old trees that may fall on your house. my mother has lived in a modular home for 50 years and has never had any hurricane damage here in central Florida. as I knock on wood....

"Anyone live in Florida?"

Yes, lots of people.

the condo market sucks but any actual real estate in Florida is probably a good thing

lol if you think anyone is LEAVING Florida though

The 12-story Champlain Towers South stood there since the early 1980s, before collapsing on June 24, 2021. Ninety-eight people lost their lives. A Miami Herald investigation showed signs of worsening structural issues and faulty engineering at the time of construction, but an official report has yet to be released explaining the definitive cause of the building collapse.

Champlain Towers South

After the Champlain Towers collapse, Florida went batshit over inspection/repair regulations.Anyone with ½ a brain started selling immediately, the rest are either playing catch up or at a point in life they have to ride out the financial storm.

This year DeSantis loosen the strings a bit, but don't be fooled. Stretching out compliance terms is just a delaying tactic, someone is going to be footing the repair bills, and current sellers are hoping it isn't them.

new condo legislation

The crib notes version is, more inspections, faster repairs, no arguing or delays. Most condo HOA's don't have that kind of money laying about. That means HOA's will have to start issuing special assessments to owners to pay for the repairs. On older buildings, built to different code, your monthly HOA fee could easily double, or worse, depending on what they find and how bad it's out of compliance.

I've also talked with a few people at work that live in FL, (I work remote oil), who said insurance is jacking up rates annually on everyone, regular homeowners not in a beach zone included.

Buyer beware, indeed.

You can find 'good' deals, but make sure you can handle the other shoe dropping afterwards. Might make sense to rent for a while, drive around FL, talk with the locals.

My family has lived in St-Pete since the 60's. Snell Isle is a nice part. The insurance rates have gone up big time. 5 years ago the condo fees were around $500 with insurance included. Now it is over $1,100 a month.

I live in Central Florida. Insurance for homes here is comparable to other parts of the Country. You get on either Coast and that changes drastically. Now auto insurance is a different story. You need to keep shopping rates other wise you will get taken to the cleaners. You have no friends in the Insurance business.

Insurance is more expensive. Rental prices and home prices are way up, especially in the more populated or touristy cities and counties. Electric bills are up. Property taxes are up. Even parking prices are up.

https://t.me/SGTnewsNetwork/100084 (Don't go to CALIFORNIA) NEW: According to the California Public Utilities Commission, PG&E electricity rates HAVE GONE UP 101% IN JUST ONE YEAR after 7 rate increases

That means resident’s electric bills DOUBLED in ONE YEAR

PG&E is Gavin Newsom’s donor and paid to stop his recall. How much more will California residents take from Democrats

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Yes insurance is outrageous. Do not buy in a flood zone. Ull pay insurance and likely not get restored if a flood hits. I dont live far from tampa. 20 miles east. Houses are dropping ive been watching a year. Home rates still suck.