4 Florida counties see home prices plunge

Four Florida counties are among the nation's hardest-hit by home price declines, but there are signs that the free-falling prices are starting to flatten, according to a report released this morning by Integrated Asset Services, which tracks home valuations for banks, investors and hedge funds. Hernando and Pasco counties saw drops of 43 percent and 56 percent, respectively, since prices peaked in July 2006, the report states. Two other Florida counties were named among the 10 counties with the steepest drops. Charlotte and Lee counties had price drops of 43 percent and 53 percent, respectively.

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