the news from sarasota… pre-hurricane
everybody seems to be just fine here, at least they aren’t shooting anyone. i’m still looking for a girlfriend, but what else is new? my airconditioner works, and for that i am exceedingly grateful…
a large local homebuilder went belly up on tuesday with 71 houses in various states of completion. the company had sold 123 houses in 2005 and had sold 4 in 2006. i’d go belly up too. methinks the realestate boom is slackening hereabouts. i see an occasional terror in the eyes of people who have bought houses as investments in the last year. of course the median price of 335K is still a bargain compared to say, oakland ca, with a median price of $600K.
the development across the street, which has been the subject of much controversy, has yet to sell a lot in two years. i awake at 7am to the lovely tune of reverse horns on the earthmoving equipment, and i can tell you, they spend at least as much time in reverse as otherwise..
Posted: August 11th, 2006 under neighborhood.
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