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Re: Maintenance Fees Out-Of-Sight (by R P.):

From what I've read there are thousands of people that have yet to receive insurance reimbursements from the hurricanes of 2005. Without insurance payments to repair their homes, it would be almost impossible to sell and/or get a proper house inspection to sell. And, many people have been dropped from their insurance companies altogether, so they are having to do the repairs on their own. All of this takes time.

I believe the domino effect will prevail in the years to come. I see an exoudus out of Florida, especially for retirees, moving to less volatile areas (weatherwise) iin this country where there are mild winters but no hurricanes.

We've already seen an exodus of Florida reitrees to the area where we live.

jgira12 wrote:

Also, with all those huge increases in insurance wouldn't you think there would be all kinds of people bailing out of the area? Real estate figures don't show it yet, just a slight flattening of sales....go figure! :)