All Forum Posts by: Adrian Clapp

I believe Florida has historically had regular boom-crash real estate cycles. Plus, I think it gets hit more often by large storms (after lots of expensive development on the coast) and that is driving up the cost of living especially with insurance, HOA fees, etc.

It will probably be a good time to invest in Florida again at some point if the market crashes enough and the insurance issue is solved (or all homes are built better to withstand the storms).

PS- I don't own real estate in Flordia- I'm just providing my observations from afar.

Nearby Cape Coral is really suffering.

https://www.wsj.com/real-estate/florida-cape-coal-home-price...

https://www.nytimes.com/2025/06/05/business/summer-travel-va...

Since you are already familiar with Maine due to your parents, perhaps there will be some cash flowing STR deals soon. This article, if correct, seems to indicate that many Maine vacation home owners are selling their homes and that prices may be coming down. https://www.dailymail.co.uk/real-estate/article-14696527/ame...

If you're only looking to get away for a few weeks each winter, why not just rent an airbnb in the area you want to be? You can even explore different cities and if you fall in love with an area then you can always purchase down the road.  

I agree. One big storm and your HOA and insurance costs will go up a lot. Sell if possible.

If the seller is motivated, you can find condos and some homes 20-30% off peak prices from a couple years ago in Scottsdale and the surrounding areas. 1 BR condos in North Scottsdale that I sold for $365k in 2022 can now be purchased for $300k. Increased rental competition from new multifamily and STR over saturation has made a lot of investors jump ship.

Montana’s proposed law would lower property taxes for primary residencesand long-term rental properties while increasing taxes on second homes and other high-value properties.

Great! Let us know what you think.  I learned a lot!

It's even worse for landlords "The company is also asking for rate hikes of 38% for rental dwellings and 15% for tenants, with the rates taking effect May 1."