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18th out of 20 at Businessweek

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If you want to get technical, Destin was also included, according to the article.

To those who bought during the bubble (which is a goodly majority), Destin is toast.

Still, I ask the question, what is wrong with 80%+ returns over five years?


Ask the folks who are trying to sell now in order to reap those "80% returns." (Here's a list: http://www.destin123.com/index.htm)


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To those who bought during the bubble, Destin is toast.




Ask the folks who are trying to sell now in order to reap those "80% returns."


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I find it interesting that Destin, Crestview and Ft Walton are listed in the worst places to invest, and Panama City was recently listed as one of the best places to invest. Add to that, JOE getting a top ten stocks to buy. The time when you buy has a lot to do with one's perception. Now that prices are well off the highs, it may be a very good time to buy.
 
Now that prices are well off the highs, it may be a very good time to buy.

"Now is a good time to buy?":scratch: When did I hear that before? :cool:

[In this world nothing is certain except Death, Taxes and Realtors Claiming 'Now' is a Great Time to Buy Real Estate - Ben Franklin]



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Shelly, when you heard that, were the asking prices at historical highs? Now, there are some prices which are 40% off the high selling prices.

Let's see :scratch: when did I hear that statement uttered by Realtors before?

"Now is a great time to buy Florida real estate......

...because it is a bargain compared to the other 49 states.
...because they're not making any more land.
...because it always goes up and has a better return than stocks.
...because it is a great investment--you can't live in a stock certificate.
...because there are 70 million Baby Boomers looking to buy this 500sf condo.
...because interest rates are at a 40-year low!
...because it's the best place to grow your kid's college fund.
...because it will double in value next year (week or month).
...because you'll be priced out if you don't buy NOW!
...because interest rates are going to be higher in the coming months.
...because there are some great bargains that won't last long.
...because there is so much inventory that you've got a great selection.
...because prices will start going up when Spring '07 arrives.
...because prices will start going up when the snow birds arrive.
...because there is a HUGE selection and you can pick your dream home.
...because some prices are 40% off the high selling price.
...because I need a new pair of shoes.


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Honestly, Shelly, with all of those reasons to buy, I don't know how you resist the temptation. Oh, yes, now I remember. You have it all locked into a CD.
 
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