Say when... People say they will come for a ride but they just do not show up 
flyforfun!!!!!
Since I have been know to stick things on occasion. I think we are at or near the bottom of the slide. If you look at a 20 year history of property values along 30-A, conservatory most double in value around 5 years. So if you look at 2001 property sales and double them, that is about what properties are selling at the present time. I think you will see the market values begin to climb 2nd-3rd quarter 2007. However what people should be worrying about is this mid term election. Should the Republicans loose both the House and Senate, with huge deficit spending and a need to increase revenue via taxes, we could be facing a repeat of what happened in 1991 that devastated the real estate market across the country. In fact, Sandestin even went bankrupt during that period! I suspect modification of 1031's, a increase of capital gains tax from 15% to 30% and a reversal on other tax incentives that have made others to look more favorably to real estate as an investment. Then again, what do I know....I am friends with Bobby J
Since I have been know to stick things on occasion. I think we are at or near the bottom of the slide. If you look at a 20 year history of property values along 30-A, conservatory most double in value around 5 years. So if you look at 2001 property sales and double them, that is about what properties are selling at the present time. I think you will see the market values begin to climb 2nd-3rd quarter 2007. However what people should be worrying about is this mid term election. Should the Republicans loose both the House and Senate, with huge deficit spending and a need to increase revenue via taxes, we could be facing a repeat of what happened in 1991 that devastated the real estate market across the country. In fact, Sandestin even went bankrupt during that period! I suspect modification of 1031's, a increase of capital gains tax from 15% to 30% and a reversal on other tax incentives that have made others to look more favorably to real estate as an investment. Then again, what do I know....I am friends with Bobby J
Since I have been know to stick things on occasion. I think we are at or near the bottom of the slide. If you look at a 20 year history of property values along 30-A, conservatory most double in value around 5 years. So if you look at 2001 property sales and double them, that is about what properties are selling at the present time. I think you will see the market values begin to climb 2nd-3rd quarter 2007. However what people should be worrying about is this mid term election. Should the Republicans loose both the House and Senate, with huge deficit spending and a need to increase revenue via taxes, we could be facing a repeat of what happened in 1991 that devastated the real estate market across the country. In fact, Sandestin even went bankrupt during that period! I suspect modification of 1031's, a increase of capital gains tax from 15% to 30% and a reversal on other tax incentives that have made others to look more favorably to real estate as an investment. Then again, what do I know....I am friends with Bobby J
