dropping property values
My husband and I had a few hours to kill yesterday before the Bucs game, so we took a Sunday drive. We enjoy exploring the area of Florida that we moved to over a year ago, but it’s not often that we get to drive around aimlessly and see where the road takes us. After we did that for a bit, we ended up at a subdivision that was recently in the paper for selling homes at a huge loss, angering the home buyers who paid big bucks to live in the gated, golf course community. We drove by each house that sold at a loss and were amazed that the company saw fit to let the homes go for as little as $110K. I’m sure the homeowners there are upset, and rightfully so - the builder they paid big bucks to just made property values drop!

