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Did Ian Kill Florida’s Real Estate Explosion?

Author Sean Roberts
Will our region grow wildly soon?

Hurricane Ian reminded us all that Gulf Coast properties have always been susceptible to damage or total devastation. It was a not-so-subtle reminder that, while our views and lifestyle are truly awesome, it all comes with risk. And it seems to happen every time a hurricane hits our region; people freak out, some move away, others move inland and still others swoop in to buy real estate at hugely discounted rates.
The western coast of Florida has experienced a white-hot real estate market since the beginning of the pandemic back in 2020. From Tampa to Naples, our homes and property have seen some of the highest increases in value in America. Fort Myers values have risen more than other city…period. But Ian threw something into the mix that many newcomers may not have considered. Will they stay after experiencing first-hand 155 mph winds and a deadly storm surge? The numvers acannot be ignored. In addition to the human losses, properties have vanished or have sustained major damage. Will flood insurance rise to a point where it’s no longer affordable? Will their even be omoanies willing to insure the properties at all?
Investors are already seeking opportunities, buying property while the owners are in the mood to sell. Still, the question remains…has Ian killed the real estate market or will it spawn a new era of growth? Meanwhile, in a market that was already out of control, rental prices are expected to increase even more due to displaced homeowners across the region. Source: BlackChronicle.com

Does This Moment Mean Leave Or Rebuild?

Photos From the Ground: Weekend Clean Up In South Florida After Hurricane Ian

Our friends to the south are still reeling from the direct hit by Hurricane Ian. Here are some of the scenes from the ground. Our station is part of the Beasley Media Group. We sent broadcast equipment to our affiliate stations in Fort Myers to help those without power and cell service to get updates on where to find food and help. If you’d like to offer your support, money is being raised for the American Red Cross relief efforts at bbgi.com/donate.

People We Lost In 2022, So Far

Sean Roberts was conceived in the Corvette Assembly Plant in Bowling Green, Kentucky by two passionate, panel aligning, third shifters who had grown bored with the same ole same ole. Upon birth, he was placed in the trunk of a new Stingray and sent off to find his destiny. That destiny included several stints on radio stations across the United States. Some played punk country gospel, while others focused on Croatian death metal played backwards. After many years and many adventures, Sean wound up on The Shark, where he does shots of tequila while playing the most badass tunes ever created by humankind. He remains humble, however, never forgetting about the lean years...the street corners and dark alleys where he played songs on his car stereo for food and sex. He's on top and he's never gonna stop LIVING THE DREAM!

What’s going to happen now?

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