kurt said:
Buy and live - absolutely.
Buy and hold - absolutley.
Buy and sell - it depends but this time of year things don't move much.
:clap_1: :clap_1: :clap_1:
My thoughts exactly. I think now is a great time to buy and a bad time to sell -- both because the available buyers are relatively few right now and because if you have 5 or 10 years to hang on, you will be happy you did.
We own a house in Seacrest Beach North with another couple. It is a pain to manage and worry over -- especially since we don't get to go up there that often. But we see Rosemary Beach to the east, Paradise by the Sea (high-end, low density, $$$$$$) across the street and Alys Beach going up to our west, and we feel pretty good about our investment.
Our lot in Seagrove -- which we bought just in time to be able to buy and hold indefinitely -- is just ours. No plans to build anytime soon, but that's our retirement.

As long as people dream of retiring to SoWal, any property there will be a great long-term investment.