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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Dale Baker who wrote (57510)7/11/2006 4:43:15 PM
From: Jim McMannisRead Replies (2) of 306849
 
RE:"Someone here took me to visit Port St. Lucie in fall 2000 and said it would take off. I thought he was smoking some loco weed. Oops.
Still can't believe that less than interesting or appealing area took off at all. Had to be mostly flippers, investors and now stuckholders."

Unfortunately there will be stuckholders. I don't know here the leveling will be either.
What happened though is that as property values went up further south in Dade, Broward and Palm Beach counties all the affordable stuff was up in Martin and St. Lucie counties. People that work in Palm beach County, for instance, had to move to Port St. Lucie just to afford a place to live.
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