In your area of Florida, the short answer is probably. You may always hire an appraiser to get a true valuation. However, as a former resident of South Florida, if you bought in 2006 then you purchased at the top of the market and are now selling at the bottom.
Jack Gillis, M.B.A., J.D. â”‚ RealtorÂ®
Jack Gillis Realty Advisors
United Real Estate, Broker
5430 LBJ Freeway | Suite 280
Dallas, TX 75240