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Old 01-05-2007, 07:29 PM
436 posts, read 521,013 times
Reputation: 243


'Staying flat is the best scenario, though unlikely.'


Negativity? Yes. Uninteresting reading? No.

Checkout the photo gallery on the above website - sad humor.

Last edited by brian_2; 01-05-2007 at 07:38 PM..
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Old 01-05-2007, 07:53 PM
Location: The Conterminous United States
22,553 posts, read 47,266,881 times
Reputation: 13391
Kar moved from Fort Myers, FL, to Tennessee, and wants to move back. That is amazing. Cashed out and looking to cash in.
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Old 01-05-2007, 07:59 PM
Location: Old Town Alexandria
14,505 posts, read 23,741,688 times
Reputation: 8837
lol- this is certainly an interesting thread!!.

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Old 01-05-2007, 10:52 PM
Location: Naples
1,247 posts, read 701,233 times
Reputation: 344
National reports won't tell you much about southwest Florida. It's a unique place. Speculators had a greater impact here than virtually anywhere else in the country.

There is also a shortage of affordable housing. There are plenty of $300-500k houses on the market, but someone living on a median household income cannot afford even a $250k house. Apartments are virtually non-existant, since so many were converted to condos (which were then sold for around $250k+).

The market has a LONG way to go before it fixes itself. There are simply too many expensive houses and too few inexpensive houses.
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