I attached this average sales price chart that I just put together, Have fun.
Average sale prices of single family homes Inlet Beach to Destin, including Rosemary Beach, WaterSound, Seagrove, Grayton Beach, Blue Mountain Beach, Sandestin Mirimar from 2000 to January 2009.
JoshMclean
JoshMcleanBeach FanaticSanta Rosa Beach995 postsJoined View profileMessageBeach Fanatic
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30ClintClint
ClintClintBeach Fanatic599 postsJoined View profileMessageBeach Fanatic
The shark attacks and tropical storms had no real effect. The downturn was all about fake value.
I would suggest the fake values and the ability to access the fake equities thru HELOCs in the markets of buyers primary residence, i.e. Atlanta, Birmingham, Dallas, etc, are the culprits moreso than the fake values in SoWal. The second home purchases in Sowal were not "value" decisions unless you mean the lifestyle value instead of economic value. How many prayers were said by buyers before and after closings to the effect "boy we're screwed if the market crashes".
Bobby J
Bobby JBeach FanaticBlue Mountain beach4,041 postsJoined View profileMessageBeach Fanatic
The real reason the Market collapsed!
Take note: The down turn of the market can be traced to the release of Dibs. Those damn little crunchy ice creams balls! Eat one and you can not concentrate on anything else! Until those are taken off the shelf we are all doomed!
Take note: The down turn of the market can be traced to the release of Dibs. Those damn little crunchy ice creams balls! Eat one and you can not concentrate on anything else! Until those are taken off the shelf we are all doomed!
Matt J
Matt JSWGB24,862 postsJoined View profileMessageSWGB
Sounds good in theory, but try to get the USPS to buy them back. :floor: That 41 cent stamp goes up to 44 very soon, so use those stamps people!
I think the idea was to buy them up now and then release them in increments after the price increase.
Let's do lunch I feel a short lived MLM scheme coming on.
Shh, don't tell Josh.
traderx
traderxBeach Fanatic2,133 postsJoined View profileMessageBeach Fanatic
I think the idea was to buy them up now and then release them in increments after the price increase.
Let's do lunch I feel a short lived MLM scheme coming on.
Shh, don't tell Josh.
You have a very inventive mind. 😀 :wave:
Matt J
Matt JSWGB24,862 postsJoined View profileMessageSWGB
You have a very inventive mind. 😀 :wave:
Want to learn more? Just send $29.95 for my amazing pamphlet on how to get rich using the USPS price increase. Hurry supplies are limited and operators are standing by. If you act now I'll throw in my patent pending postage moistening system.

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