Scarce Inventory Boosts Real Estate

Everywhere you go in Florida, everyone is talking about real estate. It’s really engaging, even when you are just trying to enjoy your vacation. Yesterday we made a few stops on the Parade of Homes near red-hot Sarasota. Even the so-called custom builders are too busy to customize anything right now. They are just building spec homes and then auctioning them off to buyers in … Continue reading Scarce Inventory Boosts Real Estate

Investing in Vacationland Paradise

We met some fellow Minnesotans down here in Florida yesterday. Unlike us, they jumped into investing in a Florida vacation cottage a couple years ago when they first got the urge. They snapped one up when the Margaritaville Orlando resort was relatively new and said they have already seen a couple hundred thousand dollars of appreciation. The colorful cottages are bright, nicely designed, and well-furnished. … Continue reading Investing in Vacationland Paradise

Home, Sweetly Inflated, Home

While this year’s dramatic price inflation is putting a big hit on our fixed pension, it’s doing wonders for our home value. Housing is one of the categories leading the inflation parade in 2021. This chart from YahooFinance shows how sharply the price increase has been over the past few years. The pandemic has brought on a huge spike. Prices are up 20% nationally versus … Continue reading Home, Sweetly Inflated, Home