So sellers will need to drop prices to where these purchasers can now afford. When market rates drop lower than what is owed on these houses, search for foreclosures to start to take place once again. How to get started in real estate investing. own a house in Florida right now, you may be rewarded with lower, potentially much lower Florida house rates within the next few years. Why? In addition to the above factors: Economic crises have hit routinely for centuries in the US, and the next one is right around the corner. It's simply math. Major hurricanes are likewise a regular event in Florida and have an effect on Florida house prices in the counties surrounding the affected areas.Update: They've hit and all those folks who would have left every year for ten years, but didn't because of the "cyclone drought", will now all desire to leave at the same time. More attention is being paid to sea level increase in a state with countless properties just a few feet above water level. That could have a big influence on Florida houses, insurance coverage and rates. Wait until you see how the insurance coverage companies respond to the huge losses they are getting hit with from cyclone and flooding in 2017 and 2018 during the 6 month hurricane season in Florida.