So sellers will need to drop costs to where these buyers can now manage. When market rates drop lower than what is owed on these homes, look for foreclosures to begin to occur once again. How to become a real estate developer. own a home in Florida today, you might be rewarded with lower, possibly much lower Florida house rates within the next few years. Why? In addition to the above reasons: Recessions have hit frequently for hundreds of years in the US, and the next one is best around the corner. It's simply math. Significant hurricanes are likewise a regular incident in Florida and have an effect on Florida house prices in the counties surrounding the impacted locations.Update: They've hit and all those folks who would have left every year for 10 years, but didn't due to the fact that of the "hurricane dry spell", will now all wish to leave simultaneously. More attention is being paid to sea level increase in a state with millions of homes simply a few feet above sea level. That could have a substantial influence on Florida houses, insurance and prices. Wait up until you see how the insurer react to the huge losses they are getting hit with from hurricane and flooding in 2017 and 2018 during the 6 month hurricane season in Florida.