devil...haven't been involved in FL real estate since 2008. I check my neighborhood on zillow.com and it is in the tank just as the freddie mac investor presentation says it should be. down 20-30% from 2006, or whatever that high water mark was. shoot, my neighborhood in lovely oviedo, FL is down 40%.
if you wanna buy, there is lots of inventory as I just scrolled some of the beach areas around melbourne. NE orlando (oviedo et.al) looks pretty soaked up. i have no idea about the rest of the state
on zillow.com you can search a city and state and it will list all the properties that agents have bothered to list (and there are tons) and the prices. they look pretty attractive. i don't especially know what a certain dollar figure can get you though...