View Single Post
Old 2006-04-06, 06:41 AM   #3
Simon
That which does not kill us, will try, try again.
 
Simon's Avatar
 
Join Date: Aug 2003
Location: Conch Republic
Posts: 5,150
Send a message via ICQ to Simon Send a message via AIM to Simon Send a message via Yahoo to Simon
Good morning world

I think I should put Mohawk on my list of places to check out.

One of the reasons to leave the Keys is that home prices have escalated out of control here. The average sales price for the first six months of 2005 for a home in the Middle Keys was $735,000. For Key West the average price was $953,000. And these are just regular houses, on small lots, most without direct open water access. (Then just try to get full insurance coverage for all wind/water damage.)

Seems like there are much better deals in Mohawk, even if you have to add a foundation here and there. The people down here are just crazy to be paying what they're paying right now. The bubble is going to burst here eventually, but in the meantime you have to have more than a few million if you want to play the real estate game here.

Oh well, back to slinging porn.

Good day after hump day to all.


Simon
__________________
"If you're happy and you know it, think again." -- Guru Pitka
Simon is offline   Reply With Quote