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Non-Tech : Investing in Real Estate - Creative Opportunities -- Ignore unavailable to you. Want to Upgrade?


To: Riskmgmt who wrote (2583)3/7/2017 2:43:29 AM
From: John Vosilla  Respond to of 2722
 
Still seeing some counties interior south FL Lake Okeechobee at $70 psf and less that going to get speculator juices flowing there before this cycle is over. SW GA and parts of MS still dirt cheap not sure if the speculators get that far...lol.

Interesting realtor thinking just another sign the bubble is back where most people live at least..

From Florida Today. “The Brevard County real estate market didn’t tap the brakes in January. It showed some acceleration instead. Sales of single-family homes on the Space Coast rose nearly 3 percent over the year, while the median sale price — the point at which half the homes sell for less, half for more — jumped to $195,000, up more than 18 percent from a year earlier.”

“‘We’re on a positive trend,” said Julia Dreyer, broker/owner of the Indian Harbour Beach-based Dreyer & Associates Real Estate Group. ‘I don’t think it’s a screaming, rocket trend, which is not what anybody wants. Really, 18 percent, year over year, is a good number. It’s a sustainable number.’”


thehousingbubbleblog.com