17 Months on the Market - Sold!!!!

On the other hand, I know several families who have moved here in the last few months because they felt could get in to the market now. There are many options available for those who plan to live in SoWal.

On the other hand, I know several families who have moved here in the last few months because they felt could get in to the market now. There are many options available for those who plan to live in SoWal.

That's great. I'm sure they will enjoy their new homes in a very beautiful place. But, I hope they enjoy the houses and plan to live in them long term because they were underwater the minute they bought the homes and will remain underwater for a long time to come.

That's great. I'm sure they will enjoy their new homes in a very beautiful place. But, I hope they enjoy the houses and plan to live in them long term because they were underwater the minute they bought the homes and will remain underwater for a long time to come.

That seems to be the average buyers view point. What I see now is the bigger investors sneaking in here while the rest of the "herd" is running. They like the "herd" going the other way... Like Shelly says when everyone on this board agrees this market is flat it will then begin to come back. That is when the leaders of the "herd" begin to pull out. They once again will have made their money while we are all trying to figure out what the market is doing.....

They once again will have made their money while we are all trying to figure out what the market is doing.....[/quote]


True true!! That's why some of them are making some significant investments along 30A! I am gasping 😱 when I see the $$$$'s some have recently paid....specifically Rosemary Beach & Watercolor....however, it's a FACT ;-) that these are very well to do folks who have made a LOT of money as visionaries, investors, and calculated risk takers. I say bully for them!!
Frankly, it's encouraging to see their bold moves....and to know they believe so strongly in the 30-A real estate.

By the way, CONGRATULATIONS :clap_1: Tivoli, I am soooo happy for you!!
I had some good activity today on my property too.....it's encouraging!😀

I just talked to friends of ours who spent the entire weekend looking for property. They came down here to buy.

They were shocked by how much property is for sale.

They also heard from some contacts that there are some contractors, real estate companies, and developers ready to go under.

They feel the market has much farther to go before it hits bottom and are very reluctant to buy under these conditions.

Their impression is that buying now would be like trying to catch a falling dagger-you don?t know if you are going to grab the handle or the blade.

... Like Shelly says when everyone on this board agrees this market is flat it will then begin to come back. .....

as a native, a homeowner and a Realtor, I agree. I only wish we had a local government that would actually enforce the Growth Management laws, and understand and utilize visioning as a tool for building a community...including infrastructure, et. al.

We are very close to destroying the very things that have made this area so magical, and once that is done, we all suffer.

They once again will have made their money while we are all trying to figure out what the market is doing.....[/quote]

True true!! That's why some of them are making some significant investments along 30A! I am gasping 😱 when I see the $$$$'s some have recently paid....specifically Rosemary Beach & Watercolor....however, it's a FACT ;-) that these are very well to do folks who have made a LOT of money as visionaries, investors, and calculated risk takers.

And maybe a few of them might be like this little Cabal of Theives down Tampa?


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And maybe a few of them might be like this little Cabal of Theives down Tampa?


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I have not seen that. I have seen solid deeeeeep pocket buyers that do not play games. They are not loyal to any agent and have a price they will pay or they move on.

There's still way too much optimism out there...even with Florida Association of Realtors 3rd Qtr numbers like these for SINGLE FAMILY HOME SALES and CONDO SALES

They still insist on spewing tripe like this:

Still, even if a sharp downturn in the housing market occurs as some analysts predict, Florida will be less affected by it than other states because of the insulating effect of its high population growth rate, said Dr. Wayne Archer, director of UF?s Center for Real Estate Studies. Despite some people?s worst fears, housing is unlikely to suffer the same fate as tech stocks at the beginning of the decade, he said. ?Unlike tech stocks, housing has a use, which means it can?t just evaporate,? he said.

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Shelly Sez...

But with tech stocks where you can only lose ALL of your investment...a bad investment in real estate will find you bringing a check to closing, AND/OR screwing up your credit score for a number of years.