Real Estate Reference Real Estate
Friday 29 March
Houses in Farmington Milwaukee Bankruptcy Center Home · Login · Site Map  

Real Estate Terms
Real Estate Terms Full List
Search Real Estate Terms
Real Estate Articles
Search Real Estate Articles
Login
     
  by Chris Anderson

print article · comment on article

 
  previous page 1 of 3 next  
     
  YEEHAW!!!!!! The south will rise again!! Can't you just imagine the Dukes of Hazard boys sitting on the hood of their car (the General Lee) grinning in front of a For Sale sign in their yard? Well, they should be smiling with the prices in the south, and especially in Florida. But will this Florida real estate trend continue? That is the $100,000 question.



We just recently taught a class at the Learning Annex in NYC about investing in Florida real estate. As I was preparing for this class, I was just constantly shocked by some of the facts that I was gathering…. and I live in Florida and have done so most of my life. So the question becomes "is this just an over blown Florida real estate bubble or is this something that is likely to last?"



Let me give you an example of just how wild Florida real estate has become. Recently, somebody just made a purchase of the LARGEST track of land that his been purchased in Florida since 1965. Back in 1965, some crazy dude named Walt Disney purchased 30,000 acres in a relatively unknown place (at the time) called Orlando. At the time, the locales who sold their land went laughing all the way to the bank about this guy.



This recent Florida real estate purchase, however, was 28,000 acres at a price of $30,000/Acre. No big deal, right? Wrong!!! This land was purchased around YEEHAW Junction, Florida! Ever heard of it? Most people have not. Yeehaw Junction is off of the Florida Turnpike in Osceola County. This is one of those places that you could drive through 10 times and still not have noticed it.



If you are like most people, then you
 
     
  previous 1·2·3 next  
 
FSBO Website Design copyright ©2004 - 2024 David B. Zwiefelhofer. Copyright of articles held by their authors unless otherwise noted. All rights reserved.