Seacoast Banking Corporation (FL) (SBCF)

[expediter13]

Looks like we are moving along nicely. I am surprised that their assets have no be evaluaTed and should be worth another 10%. Prices of home around here have further, much further to rise than almost anywhere in the country. While others depreciated around 25 - 40% we went down from 50 -70%.... Thats right, up to 70%. Some homes, including our newest one went from 460K to 244K from 04 til 07(we bought) then dropped in value to 170... A drop of 60% Today it is back up at the buy point 250K. But getting a home in this division is increasingly difficult.