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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: ChanceIs who wrote (40815)	3/25/2005 8:00:43 PM
From: Sweet Ol	Read Replies (1) \| Respond to of 206209

Re, Real Estate Boom. I just got back from 3 weeks in Naples. It is unreal. I read in the paper where as many as 23% of the condos were purchased for "investment". Is that suggesting a mania or what? The house next door to the place we were staying went on the market for $3.2 million. It is less than 5,000 square feet. It is a $500K house on a $2.8M lot. Granted it is 3-1/2 blocks from the beach. But that is hard for an old Okie to understand. I met a real estate agent who sold $77 million in homes last year and is way ahead to that schedule this year. Best, JRH