Not sure about the panhandle of Florida, but, down along the Gulf coast you can't touch a house or mobile home unless you've got a boatload of money.
We've been trying to buy something down there for the last 2 months. Every house is being snatched up. Heck, 3 days ago we agreed to one for the full asking price. All looked good until 23 minutes later, the realtor called back and said it was sold to someone who paid $30,000 over the asking price.
Houses that 7 months ago were selling for $180,000 and up are now $300,000 and up.