Which Florida Real Estate Market area has suffered the worse during this recession.

Vikki Powell
Agent
Saint Augustine, FL

Answers (1)
Sharon Alters
Agent
Orange Park, FL
FIRST ANSWER

Vikki, from other real estate professionals I have been in touch with, savvy consumers I talk to, and data available, I would say the SW area of Florida around Naples has been hit the hardest. Values are down 70% there and entire neighborhoods are for sale. The Miami area follows. Central Florida, where we used to live, was hit pretty hard as well, especially the areas around Poinciana and Kissimmee.

Web Reference: http://teamalters.com
Thu Jul 2 2009, 15:53

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