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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Tradelite who wrote (35476)7/18/2005 2:38:51 AM
From: John VosillaRead Replies (1) of 306849
 
"Perhaps my experience reflects why it is such a mistake for many people to buy lots or homes in faraway places in advance of retirement, thinking that is where they'd like to spend the rest of their lives. It's not always the best place to settle down, and they can change their minds later, but at great cost."

Lots of people doing that in Florida will probably regret it if we truely now are Hurricane Alley. New trend might be more folks living up north in median sized cities closer to family and big city life but reasonably priced and close to nature as well but perhaps coming to Florida for the winter season only. Some area a couple of hours north of NYC along with areas you mentioned might really take off after falling off the radar the last 25-30 years.
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