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Interestingly, despite its popularity, home prices in Florida are, overall, trending slightly down. According to Zillow, the average home price in Florida is $386,892, down a solid 1% year over year.
San Francisco has been the poster child for skyrocketing home prices in the U.S., with a typical home value of more than $1.26 million, according to Zillow. While there is still heated competition ...
But these features come at a cost. According to the community’s website, the homes are selling for $1.4 million to $1.9 million, compared to other new homes in the area priced for at least $600,000.
In 2017, the real estate website Zillow wrote that if climate predictions were correct, by 2100 "One in eight Florida homes would be under water, accounting for nearly half of the lost housing value nationwide." This calculation was based on comparing NOAA maps for a 6-foot sea level rise with the Zillow database of homes. [63]
What Florida residents are making the smallest down payments in the country? Polk County's Lakeland nabbed the eighth spot on the list, with statistics such as: Average down payment: 9.4%
The cracker home was made to withstand Florida's harsh climates, and is known today for its energy efficiency. It is prevalent in Naples and North Florida. The home also allows for additional rooms to be attached to the house if needed, forming a compound. [5] In the Key West, houses also use the Caribbean housing style.