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Old 07-29-2006   #12
Peaches
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Join Date: Oct 2002
Location: Hills of N. GA
Posts: 10,823
Default Re: Glut of unsold new homes across US hits record high

I'm buying land now. Where I live there are resort areas people are retiring to (I live in one) and if FL has another big hurricane season, prices are going to go crazy

There's a lot on a creek in one of the developments, .75 acres, $300K. That's literally unheard of here. I've been buying lots under $10K but they've tripled and quadrupled in value in just a couple of years.
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