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Not sure what your time-frame is, but its a great time to be a buyer down here. Especially North of Dade. Palm Beach County is downright cheap- you'll get a great house, and you will never regret coming to FL. Its great, and like you said, flights are cheap.
I don't think you'll see more of a decline after another 6 months down here, but I wouldn't feel rushed either. The correction more or less happened, with a bit more to go, but it won't spike back up- no reason to.
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