[camaromb]

If we only had a crystal ball... As far as Florida real estate, some areas are still strong. Sarasota county saw a 41% appreciation from Feb. '04 to Feb. '05. In march we toured some of the model homes in some golf course communities. A row of $3,000,000+ plus homes had remained unsold for months with the local papers referring to a 36 month supply of $3,000,000+ homes. In the last month half of these homes had sold. I guess like parts, all it takes is one to pay the "new" price and the perceived "value" goes up also. Another Condo project on the water near Englewood Florida was just listed with units starting at $900,000. The project is already 50% sold out within the first few weeks of announcement. Real estate is certainly strong in some Florida communities.
Mark