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222
AmenCorner_AntiPanican
2025 Dec 17, 3:06pm
Rents are collapsing as well. Massive amounts of apartments were built in much of the state.
Countless older Condo buildings on Fannie's blacklist.
AmenCorner_AntiPanican
2025 Dec 17, 3:06pm
Rents are collapsing as well. Massive amounts of apartments were built in much of the state.
Countless older Condo buildings on Fannie's blacklist.
223
AmenCorner_AntiPanican
2025 Dec 17, 3:14pm
AmenCorner_AntiPanican
2025 Dec 17, 3:14pm
Welcome to the permanent plateau of the next decade or so:
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2015 - Sold For $155k
2/8/2019 Sold $209,000
Now? Asking $400,000
So we're to believe in 4 years, that this house legit went up almost double. Or in a decade went up almost triple.
Another one:
https://www.zillow.com/homedetails/3802-Sunbeam-Ct-Merritt-Island-FL-32953/43404282_zpid/?mmlb=g%2C13
11/25/2013 Sold
$193,500
-3.2%
$98/sqft
2/14/2023 Listed for sale
$514,900
+166.1%
$261/sqft
Source: DBAMLS #1105834 Report a problem
Both of these houses were minimally updated. The first one was built in the 1960s.
I got half dozen more examples. Here's another, it was just under $250k in what looks like a Steelolanogranite Realtor Flip Special in 2019, before COVID. It was purchased late 2018 for under $172k. Now they want almost $500k for it just 5 years later.
https://www.zillow.com/homedetails/356-W-Dover-St-Satellite-Beach-FL-32937/43448773_zpid/
If you're curious, check out Palm Bay and Melbourne on the mainland. 1950s/1960s Space Program small cinderblock specials, some with no Central Air, are going for almost the same as brand new construction much larger and more modern.