i just bought a new home in fla. its not built yet, will be done in about 9 months. the development was on "closeout" with 5 home sites available. Besides the builders 5 homes and sites, there are about 12 homes for sale by owner. After getting prices from the builder, I went into the development and checked out the other homes. Bottom line is I paid about $80,000 less than what was paid when the market was hot just 2 years ago. The builder charged me about $80,000 less than asking prices on comparable homes. with all the bad news about mortgage companies, I think things will get worse in Florida.