This recently appeared on the Florida – Paradise Lost Real Estate Blog Site:Enjoy!!
A recent poll conducted by the St. Pete Times shows that nearly 1 in 3 residents of the Sunshine State have seriously considered moving out of the state, due to high insurance costs and property taxes.
I find this interesting, but what about the highest cost of all: the cost of purchasing a home, particularly one that is declining in value? My feeling is that the amount of money you could lose/overspend on the actual purchase price far outweighs the variability in taxes and insurance.