Prices go up and then they go down. It has happened that way since God made dirt.
Communities with attributes such as waterfront, distance to downtown and golf courses hold value better and recover faster than communities with no value retention attributes.
If this community is like all the golf course communities in FL, the values are going to continue upward, until they go down. Is there really any other answer?
Now if you want to know what is most likely to happen in the next 18 months I would give Doug a call.... more