Home Buying in Florida>Question Details

Harmony, Other/Just Looking in USA, Mobile, AL

When do you think the market will bottom out and begin to rebound in the Daytona Beach, Ormond Beach area of?

Asked by Harmony, USA, Mobile, AL Thu Feb 14, 2008

Florida? I have been watching the market in this area for a few months now and I continue to see significant price drops on existing homes and even new homes. How much lower % wise do you believe the prices will go before stabilizing? Also, if a house has been on the market for 6 months or even a year with continued price drops, how can a person figure what a fair offer would be if there are no recent or simular comps available and the local property appraiser is off the mark due to the declining property values and economey? Thanks in advance for your insight.

Help the community by answering this question:

Search Advice
Ask our community a question
Email me when…

Learn more

Home > Florida > Home Buying in Florida > Question
Copyright © 2015 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer