Ingo Winzer
Ingo Winzer
drop fall five flat florida four greatest market markets percent periods prices seen took
It's not like prices are going to fall 72 percent or 39 percent. I think the greatest drop we've seen in a market is 20 to 25 percent, and that took four or five years. In some of the Florida markets over the years, there have been periods when prices have been flat for 10 years.
appreciation bunch california five florida last likely markets period places position strongest
That's a much better position to be in than a lot of the other markets right now that are at the end of a period of expansion. The places that have had the strongest appreciation over the last five years especially in California and Florida are very likely to give a bunch of it back.