Beneficiaries of the Boom: Harris Edition, Part 2


Thanks to all those who wrote in regarding the sale of Katherine Harris’ home. The general consensus — and I’m inclined to agree — is that while she did well for herself, her profits weren’t far outside the norm for her neighborhood in that time period. The fact that the home could be used as a B&B may have also contributed to the high sale price.

My math is a little shaky — after all, I’m a journalist — but the sale price seem to reflects an appreciation of around 20 percent a year, and looking at the information readers sent in, that seems to be on the high side for her neighborhood, but within the boundaries of expectation. (Although it makes me wish I’d bought a house six years ago.)