So sellers will have to drop costs to where these purchasers can now pay for. When market prices drop lower than what is owed on these houses, try to find foreclosures to begin to occur again. What is wholesaling real estate. own a house in Florida right now, you may be rewarded with lower, possibly much lower Florida house rates within the next couple of years. Why? In addition to the above factors: Economic crises have actually hit regularly for hundreds of years in the US, and the next one is right around the corner. It's just math. Major cyclones are also a normal event in Florida and have an effect on Florida home costs in the counties surrounding the affected locations.Update: They've hit and all those folks who would have left every year for 10 years, however didn't due to the fact that of the "typhoon drought", will now all want to leave at the same time. More attention is being paid to sea level rise in a state with millions of properties simply a few feet above sea level. That could have a substantial impact on Florida houses, insurance coverage and rates. Wait until you see how the insurance coverage companies react to the enormous losses they are getting struck with from typhoon and flooding in 2017 and 2018 during the 6 month hurricane season in Florida.