" wrote in message
...


"Eisboch" wrote in message
...

Hey, Jim,

To the best of my knowledge (as of a few months ago) the "Ranch House"
we had is still the last house that has sold in Ranch Colony. We got
out in the nick of time, even with the delay caused by "Wilma".

Eisboch



You do lead a charmed life ;- My values are down from the peak but still
up from when I bought. I can wait it out.

As we all will.

Eisboch

On Fri, 28 Mar 2008 11:12:27 -0500, wrote:

The guys who sold their houses
and loaded up on gold at $450 in 2005 are probably happy

Or loaded up on oil stocks. :-)

On Fri, 28 Mar 2008 11:56:50 -0400, "Eisboch" wrote:

According to Zillow, values in SW Fl are down 25 to 30%. I have a buddy in
Cape Coral that bought in the Spring of 06. He's trying to get out with a
50k loss +RE fees. Unfortunately comps. in his area are 200k under his
ask. It's not a good time to sell in Fl unless you are just upgrading or
changing location within Fl.

Prices in SWFL are back to 2003 levels for the most part, about 50% of
the peak in mid 2005. It's a good time to be buying waterfront in my
opinion. There's still a lot of baby boomers out there waiting to
retire to warm weather and a house on the water.

Wayne.B wrote:
On Fri, 28 Mar 2008 11:12:27 -0500, wrote:

The guys who sold their houses
and loaded up on gold at $450 in 2005 are probably happy

Or loaded up on oil stocks. :-)



We got out of the scam known as the stock market a long time ago, but
for a couple of stocks we still have. Our gold holdings are on their way
to tripling, at which point we will liquidate some, but not for dollars.

On Fri, 28 Mar 2008 14:53:06 GMT, Short Wave Sportfishing
wrote:

That's a very common situation here in SWFL with older homes on water
front property. It makes valuations very tricky and frequently the
actual house is near zero even if well maintained.

It's odd how that works huh?

It certainly leads to odd situations. We just had a very decent house
torn down across the street from us to make way for a new one.

"Calif Bill" wrote in message
...

"HK" wrote in message
...
Eisboch wrote:
"HK" wrote in message
. ..


I know the feeling. Apparently you lucked out with the sale of your
boats, too.


Anything will sell if you price it attractively. It took well over a
year to sell the Navigator and I reduced the price a couple of times.


How about a photo of the historical marker that must be in front of
that old house? :) Must be quite a treat to have a house that old.




I wouldn't call owning the old house a "treat". We bought and
renovated parts of the interior mainly for a place for my wheelchair
bound mother to live after my father passed away. She does ok and is
basically independent, but needs watching and occasional help with
stuff.

The barn section is unique, but obviously old and musty.

I am not into "historical" buildings and will gladly sell it when the
day comes that my mother finally has to move to assisted living.
Surprisingly there are people into these old buildings and we have a
waiting list of interested potential buyers.

Eisboch


According to local lore, my old tobacco barn was built either during or
right after the Civil War. It has some of the original planks in it, but
I don't which ones they are! Lots of plants have been replaced over the
years. I think the descendants of the original raccoon family that moved
in there 150 years ago are among the current occupants.

My mothers house is a 1908 Georgian. Those who want old houses can have
them. Has 1908 tube and post wiring, 1908 plumbing mostly and a few leaks
and dryrot from the last 100 years.

The general idea is to upgrade them a bit each year.
My house was built during WW2 when the city was overrun by military people.
Since 1985...
tore out the orig 60 amp service panel with fuses and installed a new 200
amp panel with breakers and had a new meter box and large mast/head for
outside
also replaced most of the old wiring with new code type.
tossed the old grate style oil furnace (which had been upgraded from coal in
1959) and installed electric heating on three levels
tore down the old coal bin in the basement and constructed a room that my
oldest son used as a bedroom while in highschool/community college
installed clothes washer/dryer setup in basement
started to transform attic into a 'playroom' for the boys. Removed old
collar beams and raised then to give 7' clearance for an 8' x 24 foot area.
Another four feet on each side limited by roof slope. Installed tongue &
groove 6" wide boards for floor, plus constructed a narrow stairway to the
attic from a small 2nd floor bedroom.
Replaced all the windows with new vinyl, installed insulation to all outside
walls, added a 12' x 18' addition, re-modelled kitchen & bathroom tore down
old garage & constructed shed...then added to that shed etc etc. I'm
tired just thinking about it all.... oh yeah,.we re-roofed the house too.

wrote:
On Fri, 28 Mar 2008 17:28:59 -0400, Wayne.B
wrote:

On Fri, 28 Mar 2008 11:12:27 -0500, wrote:

The guys who sold their houses
and loaded up on gold at $450 in 2005 are probably happy
Or loaded up on oil stocks. :-)

Gold has outperformed XOM since 2005 and really kicked ass in the last
year or so.


Don't forget to get out of dollars. The dollar is going down the tubes.

"Wayne.B" wrote in message
...
On Fri, 28 Mar 2008 11:12:27 -0500, wrote:

The guys who sold their houses
and loaded up on gold at $450 in 2005 are probably happy

Or loaded up on oil stocks. :-)


The oil stocks have not appreciated that much since 2005. Less than
doubled. Lots of other stocks have done better with higher dividend rates.
Looking at Zillow regards my home, it says $819k while smaller homes down
the street are rated the same or higher. Seems as if is a low rating as the
equivelent home was $1.2mm 8 months ago. And homes in this area have not
dropped like a lot of other regions. Close upscale housing for Silicon
Valley.

"HK" wrote in message
...
Eisboch wrote:
"HK" wrote in message
. ..


I know the feeling. Apparently you lucked out with the sale of your
boats, too.


Anything will sell if you price it attractively. It took well over a
year to sell the Navigator and I reduced the price a couple of times.


How about a photo of the historical marker that must be in front of that
old house? :) Must be quite a treat to have a house that old.




I wouldn't call owning the old house a "treat". We bought and renovated
parts of the interior mainly for a place for my wheelchair bound mother
to live after my father passed away. She does ok and is basically
independent, but needs watching and occasional help with stuff.

The barn section is unique, but obviously old and musty.

I am not into "historical" buildings and will gladly sell it when the day
comes that my mother finally has to move to assisted living.
Surprisingly there are people into these old buildings and we have a
waiting list of interested potential buyers.

Eisboch


According to local lore, my old tobacco barn was built either during or
right after the Civil War. It has some of the original planks in it, but I
don't which ones they are! Lots of plants have been replaced over the
years. I think the descendants of the original raccoon family that moved
in there 150 years ago are among the current occupants.

My mothers house is a 1908 Georgian. Those who want old houses can have
them. Has 1908 tube and post wiring, 1908 plumbing mostly and a few leaks
and dryrot from the last 100 years.

"Wayne.B" wrote in message
...
On Fri, 28 Mar 2008 14:53:06 GMT, Short Wave Sportfishing
wrote:

That's a very common situation here in SWFL with older homes on water
front property. It makes valuations very tricky and frequently the
actual house is near zero even if well maintained.

It's odd how that works huh?

It certainly leads to odd situations. We just had a very decent house
torn down across the street from us to make way for a new one.


Lots of that going on in some surrounding towns. Danville and Alamo have
lots of very nice homes that were ripped down to build a larger McMansion.
$2mm+ teardowns.