Submitted by PhilipGreenbriar t3_xxc10h in Futurology
tb16nh t1_ircgm9l wrote
Reply to comment by hjablowme919 in A Florida community built to weather hurricanes endure by PhilipGreenbriar
I live here. We bought in Sept last year just before things seemingly “peaked” which in my opinion in our community, seemed to happen around March/April when we closed (new construction). The pricing here remains inflated still versus when we bought and wildly more expensive than just 2 years ago or so which I think the same could be said everywhere.
With that said, it is very much supply and demand still in the community. We are at a little over 2,000 homes I believe and for the longest time, demand was vastly outpacing supply (again like the rest of the country). However, things are starting to even out a bit here as evident by some price cuts and pushy sales tactics that certainly didn’t exist a year ago. I do think though that the amount of publicity in the last week following the storm will probably keep prices from bottoming out though.
[deleted] t1_irch146 wrote
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