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Updated over 2 years ago on . Most recent reply

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Wayne Hayward
  • Fort Pierce
3
Votes |
10
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Where should I Invest now that Florida is going down hill?

Wayne Hayward
  • Fort Pierce
Posted

 I am still looking for my first flip. Florida's RE market is in a freefall. Do I want to keep looking in my local market or should I consider out of state markets? I don't see the ability to make a profit in this market. 

Please advise. 

Wayne Hayward

Most Popular Reply

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Henry Lazerow
  • Real Estate Agent
  • Chicago, IL
2,381
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1,874
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Henry Lazerow
  • Real Estate Agent
  • Chicago, IL
Replied

Florida is barely falling to flat, prices arent tanking. Similar to most of US. Only place with significant declines is San Francisco as its so tech heavy and even then 2.9% month over month isn’t what I call free fall. Look at the actual data and ignore the news. 

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