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Real Estate is Still Booming - I Sold Three Houses

By Susan Antonelli, published Sep 06, 2007
Published Content: 205  Total Views: 134,589  Favorited By: 39 CPs
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Rating: 3.5 of 5
I find that all the news you hear about real estate is bad. Collapsing mortgage lenders, soft market, buyers market. Yet, when I look around the areas I live in all I see are humongous mansions going up and being sold at an unbelievable clip. We call our 4 bedroom, 4 bath home on an acre of land "the knock down". It has a fabulous kitchen, huge island, french doors leading out to a very, very multi level large deck. We have a koi pond and several stone patios. In my town, it will be levelled when we sell.

I've sold three homes in 6 months. I'm not in real estate we've just had a series of unfortunate events in our family and I became the trustee, executrix etc. Each one sold almost immediately.

I own a home in Florida, again, compared to the other homes in this particular area it would end up being a knock down or a redo. It's quadrupled in value since we purchased it. Florida still draws people, condos and homes are snapped up. New homes are constantly being put up. Visitors become second home owners or move permanently from the frigid North to the land of the constant vacation.

There are so many wonderful areas that there is something for everyone. Miami has glamour and nightlife with South Beach being a major star haunt. Naples and Palm Beach are elegant and draw an extremely monied crowd. In Wellington you find the horsey crowd and many very recognizable names. Sarasota has charm and great golfing as does Tampa, Clearwater, Destin, St. Augustine and the Florida Panhandle. Sarasota was home to John Ringling, the circus magnate. It also has some very exclusive barrier islands, Siesta Key and Casey Key.

Daytona Beach is known for race cars. John D. Rockerfeller wintered in nearby Ormond Beach. Waterfront property here is still quite reasonable.

Port St Lucie. This like many other Florida areas has great golfing areas. Arnold Palmer is spotted here, he owns in Tesoro, an exclusive waterfront enclave.

The Florida Keys offers any number of wonderful quiet little keys for boating, fishing or just relaxing and of course, for major partying and commercial stores there is Key West.

Takeaways
  • Huge homes are becoming knock downs
Did You Know?
There are still bargains to be found in real estate, it's a buyers market
Comments
Comments 1 - 3 of 3
 
 
Keep in mind newscasts thrive on bad news...they like to report doom and gloom good news isn't int'g enough-crime, war, housing, weather its all about the negative and disastrous side

Posted on 09/10/2007 at 6:09:00 AM

 
I'm dying to visit the Florida Keys...I think I would love it down there.

Posted on 09/09/2007 at 5:09:00 PM

 
It is great to hear such an upbeat report on our Florida real estate situation....I have always loved it down here, and hopefully people will just keep on moving down here to get away from those miserable winters!! Great review! You made my day!

Posted on 09/08/2007 at 1:09:00 PM

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