Anybody here into Florida restate?

'Cane · 03-16-2010, 10:20 AM

Coral Gables is probably not what you're looking for, the property values are still pretty high there (considering the rest of FL). Aside from it's proximity to Miami, it's not a real great vacation home area (way too much traffic). Homestead you can forget, pretty much miles and miles from anywhere. It's the gateway to the Keys if you like to snorkle/scuba though.

MrRoboto · 03-16-2010, 10:27 AM

Quote:

Originally Posted by 'Cane

Coral Gables is probably not what you're looking for, the property values are still pretty high there (considering the rest of FL). Aside from it's proximity to Miami, it's not a real great vacation home area (way too much traffic). Homestead you can forget, pretty much miles and miles from anywhere. It's the gateway to the Keys if you like to snorkle/scuba though.

Thanks Cane

'Cane · 03-16-2010, 10:39 AM

Quote:

Originally Posted by MrRoboto

Thanks Cane

Fort Lauderdale may be better. It's not as congested, still has a lot of great nightlife, very close to Miami, has a pretty nice airport to get in and out of, and the property values are much lower than Miami-Dade.

DBFIU · 03-16-2010, 12:01 PM

I was born and raised in Hollywood Florida. If you need help with real estate, PM me, I have mucho connections.

BForbes · 03-16-2010, 12:18 PM

Quote:

Originally Posted by solefald

my mom spent 2 years trying to convince me to buy a house is florida.... boy, am i happy that i didn't listen to her!

Why? My parent's place value TRIPLED in 10 years. In this horrible economy it only doubled. Boohoo!

They live in Weston, FL. About 20min from Miami. It's still South FL. Nothing is really happening elsewhere IMO.

solefald · 03-16-2010, 12:41 PM

Quote:

Originally Posted by BForbes

Why? My parent's place value TRIPLED in 10 years. In this horrible economy it only doubled. Boohoo!

They live in Weston, FL. About 20min from Miami. It's still South FL. Nothing is really happening elsewhere IMO.

why? because i know someone who did listen to her and bought a house there back in 2005. The prices tanked and he can barely rent it out right now, having to pay $750/mo out of his pocket on top of the rent he is collecting, just to be able to cover mortgage. He has another property here, in San Diego, which he is also upside-down on because of the housing market collapse.

It may be OK if you live there and know that 10 years down the road you may be able to sell your house for profit, but I do not wish to get into a 10 year financial hole like that and lose a pretty good chunk of my monthly cash flow, just to buy a house in a state where i would never live.

Peanuto · 03-16-2010, 03:04 PM

Quote:

Originally Posted by 'Cane

Fort Lauderdale may be better. It's not as congested, still has a lot of great nightlife, very close to Miami, has a pretty nice airport to get in and out of, and the property values are much lower than Miami-Dade.

Haha. I have an oceanfront condo there about 1/4mi north of the port everglades inlet.

03-16-2010, 10:20 AM	#23
'Cane Major General 10455 Rep 6,339 Posts Drives: 2022 Aventurin/SS G82 xDrive Join Date: Feb 2007 Location: South Florida iTrader: (0) Garage List 2025 M4 Comp M xDrive [8.50]	Coral Gables is probably not what you're looking for, the property values are still pretty high there (considering the rest of FL). Aside from it's proximity to Miami, it's not a real great vacation home area (way too much traffic). Homestead you can forget, pretty much miles and miles from anywhere. It's the gateway to the Keys if you like to snorkle/scuba though.
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03-16-2010, 12:01 PM	#26
DBFIU Crack Addict 99 Rep 759 Posts Drives: Fast Join Date: Nov 2008 Location: Hollywood, Florida iTrader: (0)	I was born and raised in Hollywood Florida. If you need help with real estate, PM me, I have mucho connections. __________________ 2009 - Titanium Silver - Steptronic - 135i - Nasty
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