> Houses should about double in price every 10 years

That is way optimistic. While it may be true for a brief period for areas showing constrained housing due to growth - it won't happen in most parts of Florida. When house price growth gets too far ahead of income growth, as it did in Florida and elsewhere (combined with over building and too many speculators), it will take many years to rebalance. It will probably take at least ten years just to get back to 2005/6 prices (and more for most condos)

You may want to restructure your dates...properties rose from 2001 then began the decline shortly after Huriicane Wilma. If we all had the hind site, we would have sold...prior to Wilma. Then now, start cherry picking some really great deals.

Jeff Holloway
Dania Beach, Fl

Hi Nic,

It is hard to answer this question without knowing which specific area of Dade County are you referring to. Do you have a specific neighborhood in mind? Houses should about double in price every 10 years. In normal market conditions you should see an appreciation of 5 to 10% a year.

Please feel free to send me an address or a subdivision name and I will be glad to check it for you.

Regards,
Carla Rocha
954-895-7341