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Old 02-18-2011, 08:01 AM
 
2 posts, read 3,760 times
Reputation: 10

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Hey guys...has anyone been through this subdivision lately?we puchased a lot a few years ago,and have not been back yet.We want to retire and are wondering if the area has any new buildings,or if it is the same as 3 years ago..Are all houses masonary? Is there an option?

Just thinking if this Area is going to become desireable,given there might be quite a few boomers looking to stake out a home in the warmth..Demographics tells me this area might be a good spot ,any thoughts??
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Old 02-18-2011, 09:19 AM
 
Location: Englewood, FL
1,268 posts, read 2,834,073 times
Reputation: 1112
Last year, the Sands was a mess with several unfinished and deserted homes under construction. Then there were a handful with Chinese drywall. This year, things are looking better except the values are still low due to the unsold new inventory I just mentioned driving down pricing. In general, I think it will come back with time. Yes, this area is definitely a magnet for boomers so hold on to your lot.
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Old 02-18-2011, 09:20 AM
 
Location: Englewood, FL
1,268 posts, read 2,834,073 times
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PS/ You should probably post this in the Sarasota or Ft. Myers forum.
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Old 02-19-2011, 07:32 AM
 
2 posts, read 3,760 times
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Default thanks..

I guess now it would be sort of lonely.
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Old 02-21-2011, 12:56 PM
 
Location: Palm Island and North Port
7,511 posts, read 21,763,386 times
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If you purchased a few years ago then you will be taking a huge loss selling right now. My advice would be to hold onto it for a while, unless you have to sell.

Not much building going on so the demand for lots is not very high.
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