Sunday, September 05, 2010

 
 
 

 
 
 
 
 
Staggering real estate collapse in Florida... houses down 59%
Advertisement
Thursday, February 26, 2009
Text Size: increase text size decrease text size

If you're looking for real estate bargains, head for the blown out market of Lee County, Florida (think opposite side of the state from Palm Beach).

According to the latest statistics from the National Association of Realtors, the price of an existing single-family home has declined 59% in the past year. That's not a typo. The median home now goes for $94,000... a price last seen in 1999.

Read full article...

Topics: Economy | Real Estate
RSS Feed

 
©2010 Stansberry & Associates Investment Research. All Rights Reserved. Protected by copyright laws of the United States and international treaties. This website may only be used pursuant to the subscription agreement and any reproduction, copying, or redistribution (electronic or otherwise, including on the world wide web), in whole or in part, is strictly prohibited without the express written permission of Stansberry & Associates Investment Research, LLC. 1217 Saint Paul Street, Baltimore MD 21202.