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View Poll Results: When will the housing Bust end in FL?
By the end of this year 21 8.30%
Spring 2008 28 11.07%
Summer 2008 16 6.32%
Fall 2008 17 6.72%
Winter 2008 12 4.74%
Spring 2009 29 11.46%
Summer 2009 18 7.11%
Fall 2009 11 4.35%
Winter 2009 9 3.56%
Sometime in 2010 38 15.02%
Sometime in 2011 13 5.14%
Sometime in 2012 11 4.35%
2013 or later 30 11.86%
Voters: 253. You may not vote on this poll

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Old 12-06-2007, 06:21 PM
 
Location: The Conterminous United States
22,553 posts, read 47,221,471 times
Reputation: 13382

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Quote:
Originally Posted by MrTudo View Post
Not the ghetto. Northport, Port Charlotte. I don't know anything about Ft Myers other than a GREAT place to buy orange milkshakes, a great Korean/Chinese grocery on Boy Scout Rd, and the way to Sanibel-Captiva. Other than that I'd get lost there haha.

I don't know anything about getting a job. I created my own 16+ years ago and thank my personal G-d for it.
Figures. The one good thing in Fort Myers, well, I missed!

 
Old 12-06-2007, 06:30 PM
kar
 
Location: Tampa Bay
179 posts, read 695,096 times
Reputation: 105
Quote:
Originally Posted by MrTudo View Post
Being in tennesee, you have a fixation on Fla? Bored? Just wondering what the motivation is to publish this. Inquiring minds would like to know.

Further, read the new "opinion" stated: Punta Gorda, Florida, and Stockton, California, are the hardest hit markets in the U.S., with price declines from peak-to-trough forecast at 35.3 percent and 31.6 percent, respectively.

That means from peak 2005 to the bottom the predictions are -35%. We already know this in Fla. Perhaps you are a renter and it makes you "feel good" that people are losing money" Losing their homes? Does this make your heart flutter with excitement and happiness? Again, I'd like to know what the purpose of posting "links" like this with zero thought behind it is?
We use to own a home in Fort Myers a few years ago and we cashed in and got the hell out before the crash. All of those suckers that thought that prices were going to go up forever were such fools. Fort Myers and the surrounding areas are going to take years to come back if not decades. That whole area is built on greed and nothing more.
 
Old 12-06-2007, 06:41 PM
 
Location: America
6,985 posts, read 15,448,667 times
Reputation: 2067
Quote:
Originally Posted by MrTudo View Post
Actually there's a lot of whining left and it's obvious there's no shortage of it. There's a huge surplus of it.

There is a shortage however of good old fashioned work ethics, honesty, and people taking responsibility.

The national debt that is a reality.



Then there's unfunded liabilities which are in the 40-60 Trillion dollar mark. Americans in the last few years thought that rather than create, work,, do things that are productive thought borrow, spend, borrow smoe, spend smoe, bomb someone, bomb someone else, borrow money from communists to bomb someone, sell each other houses would be a good idea.

Not a good idea and it's will continue to come back and make everyone pay for it.

That said however, and from an individual perspective, Fla still represents one of the best games in town, from a standpoint of real estate prices to stick ones flag in the sand and take a stand.

NOBODY responded to the fact that a home can be bought in SW Fla for under 100K. That's telling. It's a start. If you can't afford a 100K house, you're A) doing something wrong, B) need to work harder.
yeah but who in the heck wants to move to south west florida? Are there good paying jobs? What about quality of life?
 
Old 12-06-2007, 06:44 PM
 
Location: Florida
2,209 posts, read 6,900,651 times
Reputation: 599
Quote:
Originally Posted by Wild Style View Post
yeah but who in the heck wants to move to south west florida? Are there good paying jobs? What about quality of life?
That's true. You should be able to get anything you want at the price you want without even working for it.

Some of these replies are so off the wall it's not possible to respond.
 
Old 12-06-2007, 06:47 PM
 
Location: Palm Beach, FL & Napa, CA
2,093 posts, read 4,842,476 times
Reputation: 987
Quote:
Originally Posted by MrTudo View Post
Are you kidding me on this? What is average to you? You can buy a "house" in parts of SW Fla for UNDER 100K.

ANYONE can afford that. Your statement is not in the realm of reality.

An old friend of mine who is a waitress, owns a condo in Ft Lauderdale and a piece of land in Palm Beach Cnty.

Get real
Median price for a home in Palm Beach County is over $350K, on the median income here ($4OK), not too many can afford it even with a combined salary. Your statement is in La La Land, tack on Wind Damage Coverage, Insurance and high property tax rates.

Sure you can buy a house for under $100K in SW Florida, I bet it's real nice too, does it have cement blocks holding it up? Get real
 
Old 12-06-2007, 06:49 PM
 
Location: Palm Beach, FL & Napa, CA
2,093 posts, read 4,842,476 times
Reputation: 987
Quote:
Originally Posted by Wild Style View Post
yeah but who in the heck wants to move to south west florida? Are there good paying jobs? What about quality of life?
No there are little if any high paying jobs in SW Florida, mostly service jobs to support the wealthy folks on Marco Island and areas around Naples. The money is better here, but still isn't enough to afford a median priced home. I'm not talking about Mr Tudo's cement block example.
 
Old 12-06-2007, 06:54 PM
 
164 posts, read 590,384 times
Reputation: 78
We sold a few yrs ago .I will not buy a home again for a long long time .especially now that people who brought and can't afford there loans get a rate freeze .We will be heading back up north in march to live with our kids
 
Old 12-06-2007, 07:00 PM
 
8,376 posts, read 27,728,390 times
Reputation: 2362
Quote:
Originally Posted by MrTudo View Post
Rare perhaps and you're obviously have , "issues" to talk out of your hat about people using drugs.
I didn't say anything about a problem with drug use or not having a problem. But it's still a major hidden, untaxed income source . Point being, that is an extremely rare case (unless you work at a place like that, which I was ignorant not to think about), but thanks for proving me wrong.
 
Old 12-09-2007, 09:32 AM
 
22 posts, read 107,959 times
Reputation: 14
Default Thanks! Bought a house

Hi, came down surveyed the area, got a house in Paar Estates on nearly a half acre. I close 12/19
 
Old 12-09-2007, 10:04 AM
 
164 posts, read 590,384 times
Reputation: 78
Congrat's hope you enjoy your new home for many years .
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