The dollar slide making U.S. real estate a bargain to foreign investors.

[SHELLY]

makes for a great vacation!

Exactly....set aside some profits and am going to do some fly fishing up north this Spring.

Got Trout?

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[Bob]

The foreigners who "like Florida and plan to vacation here quite a bit" aren't going to move the housing market neither as far nor as fast as the "investulators with product" are praying for.

How can you have any idea what foreign investment would be like sans the international airport. OIA brings literally millions of foreign vacationers to Central Fl. These folks have no idea of the panhandle's beaches. The airport at PC will bolster the real estate market by bringing is thousands who have never laid eyes on the area.

 

[SHELLY]

How can you have any idea what foreign investment would be like sans the international airport. OIA brings literally millions of foreign vacationers to Central Fl. These folks have no idea of the panhandle's beaches. The airport at PC will bolster the real estate market by bringing is thousands who have never laid eyes on the area.

I guess it all boils down to the ability of current holders of recently purchased, just-closed or soon-to-be closed "investment" condos/houses to pay out ever-increasing carry costs while waiting for the state of Florida to build its international airport (and supporting infrastructure). By the way...when are they scheduled to turn the first spade of dirt on that project??


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[Bob]

I guess it all boils down to the ability of current holders of recently purchased, just-closed or soon-to-be closed "investment" condos/houses to pay out ever-increasing carry costs while waiting for the state of Florida to build its international airport (and supporting infrastructure). By the way...when are they scheduled to turn the first spade of dirt on that project??


.

If you build it, and your currency is worthless, "they" will come.

 

[Mango]

If you build it, and your currency is worthless, "they" will come.

I may have to make that my siggy line. :clap_1:

 

[SHELLY]

If you build it, and your currency is worthless, "they" will come.

That's a keeper Bob. :roll:

Trademark it and license its use to Century 21.


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[Bob]

Ground floor opportunity for SoWal. Open a Speedo outlet spring 2010.

 

[SHELLY]

Ground floor opportunity for SoWal. Open a Speedo outlet spring 2010.

There many condos in the US and of A but I like to buy SoWal. Children have big shovels, makes glorious holes in sand.



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[seal]

Anywhere in the US???

:shock: http://biz.yahoo.com/prnews/070125/clth016.html?.v=79

According to the Florida Association of Realtors? for 2006 vs 2005 Panama City:

SF Existing Home Sales were down 25% with median prices up a fraction of 1% (registering flat)

Exisiting Condo Sales up 11% with median prices down 12%

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Here is my source, Shelly:
http://money.cnn.com/2006/05/12/real_estate/reguide_moneymag_whatsnext_0606/index.htm

 

[SHELLY]

Here is my source, Shelly:
http://money.cnn.com/2006/05/12/real_estate/reguide_moneymag_whatsnext_0606/index.htm

That article was produced in May 2006 and "forecasted" a 21%+ increase for the period June 2006-07. Seeing that PCB appreciation is currently in the ditch so far this year, I'd say they've pretty much missed the boat on that forecast.