$52,000 for a newly built house in FLA!!!

[The UnDoug]

Is this like those houses Erik Estrada is hawking on TV? I like to watch those just to see what a chump Estrada looks like. ;-)

[kap]

What kinds of houses is he espousing?

[zero]

kap wrote:
So I heard it on the news this morning. That is good news in this housing market, no? My S/0 thinks it is a bad idea to move there because FLA is considered the most dangerous place to live health-wise according to the CDC.

WELL DUH! Most people in FLA are about to die anyways.

[WHiiP]

zero wrote:
[quote=kap]
So I heard it on the news this morning. That is good news in this housing market, no? My S/0 thinks it is a bad idea to move there because FLA is considered the most dangerous place to live health-wise according to the CDC.

WELL DUH! Most people in FLA are about to die anyways.


I now know where you got your name (ZERO)! ><

[Will Collier]

Panopticon wrote:
Lee County Florida, west coast includes Ft Myers, etc.
Map: http://maps.google.com/maps?f=q&hl=en&geocode=&q=Lee+County+FL&ie=UTF8&ll=26.72844,-81.952515&spn=1.260877,1.83197&z=9

It was on 'Today Show' this morning. Michelle Kosinski from Lehigh Acres. $250k home is now listed @ $52k. To summarize, the whole state of Florida has more real estate for sale {& foreclosures} than it has buyers.

Now that is a fact. When real estate was skyrocketing during the first part of the decade, Florida got incredibly overbuilt, and a great many of the buyers were flipping (or trying to flip) properties, no intention of actually living there. A ton of condos in Miami and the Panhandle beaches were bought for hundreds of thousands of dollars sight unseen. I've looked up at numerous 30-story condos on the Gulf with four lights on at night. The rest of the units are see-through empty.

Now they're empty and foreclosed. Bargains abound if you're in the market to buy. Not so good if you're selling.

I, of course, sold my house in Panama City approximately 30 minutes before the boom started...

[h linamen]

zero wrote:
[quote=kap]
So I heard it on the news this morning. That is good news in this housing market, no? My S/0 thinks it is a bad idea to move there because FLA is considered the most dangerous place to live health-wise according to the CDC.

WELL DUH! Most people in FLA are about to die anyways.
Zero has a preoccupation with death. He's also the one who recently posted that Steve Jobs died. His sense of humor is appalling.

[incognegro]

ugh, who would want to live in that state?

visit, not reside.

[kap]

Only certain areas in CA are having severe housing downturn, i.e. Riverside county, other areas seem to hold out alright. Is there a website where one can find out the percentage of homes on foreclosure?

[OWC Jamie]

There are areas of Florida that have fewer mosquitos.

The stench of insecticide is overwhelming. They say you get used to it. Just like the stench of the local paper mill.

[Will Collier]

billb wrote:
There are areas of Florida that have fewer mosquitos.

The stench of insecticide is overwhelming. They say you get used to it. Just like the stench of the local paper mill.

Been there, done that.