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Old 10-20-2004   #1
Jesse_DD
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A list of fastest appreciating markets (by median price of house).

As you would expect a bunch of FL and CA cities. NV whopping 50% increase.

http://money.cnn.com/pf/features/lists/q1housing04/
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Old 10-20-2004   #2
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Where I live is right between #15 & 16

Washington DC/MD/VA 23.3% $352,400.00 $285,806.97
Baltimore MD 23.3% $251,700.00 $204,136.25

and that's correct
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Old 10-20-2004   #3
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Florida is well represented.
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Old 10-20-2004   #4
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Quote:
Originally posted by Jesse_DD@Oct 20 2004, 03:13 PM
As you would expect a bunch of FL and CA cities.
I'm betting the survey took place prior to the four hurricanes.
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Old 10-20-2004   #5
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Interesting that Jacksonville's in there. I always thought it was one of FL's best keep secrets - I should have bought when I thought that!
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Old 10-20-2004   #6
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Originally posted by Mike AI@Oct 20 2004, 10:19 AM
Florida is well represented.
Fer sure

They aint gonna be building anymore beach front properties soon thankfully
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Old 10-20-2004   #7
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Quote:
Originally posted by Lee+Oct 20 2004, 03:37 PM-->
QUOTE (Lee @ Oct 20 2004, 03:37 PM)
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Old 10-20-2004   #8
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Quote:
Originally posted by Mike AI+Oct 20 2004, 04:43 PM-->
QUOTE (Mike AI @ Oct 20 2004, 04:43 PM)
Quote:
Originally posted by Lee@Oct 20 2004, 03:37 PM
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Old 10-20-2004   #9
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True Mike.

Although so far as building goes, we have been told by a reliable source that pretty soon any construction work to the south of I95 from the Daytona area will be stopped.. most likely within the next few years. Something about conservation of the areas natural habitats.

Once that happens then the property prices will increase again

There was also a rumor around Daytona recently that one of the main beaches were going to be zoned to allow development of casinos again, if that happens property prices will rise again

I do know that our home in the last 5 years has virtualy doubled in value and a lot of the homes that were damaged by the storms are selling EXTREMELY cheaply (well under market value) one house a block away from us which realistically should have sold for just under half a million sold for a fraction of that cost.
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Old 10-20-2004   #10
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Originally posted by Peaches@Oct 20 2004, 12:57 PM
If it gets bad enough the government will step in.
Yep thats true and from what some of our local realtors have been telling us over the past couple of months this may happen sooner rather than later, especially in the Daytona area of I95.
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Old 10-20-2004   #11
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Originally posted by Lee@Oct 20 2004, 04:14 PM
True Mike.

Although so far as building goes, we have been told by a reliable source that pretty soon any construction work to the south of I95 from the Daytona area will be stopped.. most likely within the next few years. Something about conservation of the areas natural habitats.

Once that happens then the property prices will increase again

There was also a rumor around Daytona recently that one of the main beaches were going to be zoned to allow development of casinos again, if that happens property prices will rise again

I do know that our home in the last 5 years has virtualy doubled in value and a lot of the homes that were damaged by the storms are selling EXTREMELY cheaply (well under market value) one house a block away from us which realistically should have sold for just under half a million sold for a fraction of that cost.
Of course the homs that are damaged are selling cheaply. however, the homes that weren't damaged in Places like pensicola are skyrocketing!
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Old 10-20-2004   #12
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Las Vegas is getting insane
I'm seeing total ghetto places now reaching $100K
great time to be a seller out here
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Old 10-20-2004   #13
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« Previous Thread | Next Thread »

Originally posted by sharky+Oct 20 2004, 04:00 PM-->
QUOTE (sharky @ Oct 20 2004, 04:00 PM)
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Old 10-20-2004   #14
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Quote:
Originally posted by SykkBoy@Oct 20 2004, 04:05 PM
Las Vegas is getting insane
I'm seeing total ghetto places now reaching $100K
great time to be a seller out here
Scott from Traffic Dude mentioned that to us when he came to visit a few months ago, they are now selling homes in the Vegas outskirts with no tarmac yet by all accounts and whole developments are being purchased. Same will happen around here though should the county allow the re-zoning fr the casinos
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Old 10-26-2004   #15
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The city I bought in last year is number 3 on that list, but its about to get even better.

1. In about 6 weeks, our entire city will be 100% fiber optic. 1 of only 4 cities in the country.

2. Right now, we are 50 to 60 miles from the beach, depending on which way you go. They are now planning to begin construction at some point in the near future on the main road, through the hills, to the beach. When they are done, we will be 17 miles from the beach.

Bling bling.
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