Thread: Grown Men Are Crying In Florida

Grown Men Are Crying In Florida

The Bradenton Herald reports from Florida. “In February, the prices of existing-homes continued to fall - to $254,200 from $319,000 from February to February. Locally, the median price of a single family home was down 20 percent, tying with Miami for the second-largest price tumble. Punta Gorda experienced the largest price fall with a median price 25 percent below where it was just one year ago… according to numbers released by the Florida Association of Realtors.â€

[quote]“‘If the county isn’t doing anything right now, what are they going to do when these (foreclosures) hit the market?’ Marston said. ‘I think the county has allowed this area to get to such a place that I won’t be able to sell either one of my homes for what they’re worth.’â€