Sunday, October 7, 2007

Sunshine State Losing The Snowbirds

For almost a century, Florida has been a magnet for mobile Americans. The state's plentiful sunshine and open space have attracted "snowbirds" fleeing winter, retirees living out the last chapter of their lives. Florida's pull has been weakened mostly by rising costs. Though real-estate prices are now falling, the median price for an existing single-family home, at $231,900 remains 64 percent more than five years ago. That kind of price appreciation has increased property taxes, especially for newcomers and for snowbirds, whose primary residence is out of state........more

1 comment:

Anonymous said...

Not true, I see the tags and the rv's still rolling in. Qhish they would all stop coming.