St Joe SummerCamp

St. Joe has been listening to Shelly, and realizes that it better give everybody their $$$ back and close up shop.

St. Joe has been listening to Shelly, and realizes that it better give everybody their $$$ back and close up shop.

St. Joe has been listening to Shelly, and realizes that it better give everybody their $$$ back and close up shop.

You guys are the joke. It's pile on comments like yours, against Shelly's that have started to cost people money, and could result in a number of personal bankruptcies in the next 2 years. Thanks a lot guys for casting doubt on the rare voices of reason, on this supposed "board" regarding real estate down here.... "board" to me would connote a give and take, an exchange of ideas... not a bunch of appraisers/agents/investors ganging up on lonely voices of reason...

You guys are the joke. It's pile on comments like yours, against Shelly's that have started to cost people money, and could result in a number of personal bankruptcies in the next 2 years. Thanks a lot guys for casting doubt on the rare voices of reason, on this supposed "board" regarding real estate down here.... "board" to me would connote a give and take, an exchange of ideas... not a bunch of appraisers/agents/investors ganging up on lonely voices of reason...

To the comedians, by a show of hands, which one of you guys said "sell" a year ago?

Thanks for your comic relief. You think St. Joe's is above listening to Shelly? You're probably right, but I think they may have noticed their stock price fall some 30% over the last several months, for starters, as a sign that perhaps Shelly has a better idea of real estate markets, than those who make jokes as people lose their life savings.

I'm still trying to figure out what happened to SummerCamp. SHELLY do you have any concrete info? I've read that at some point the development had been cut in half to about 250 homes -- seemingly because it would be in an environmentally sensitive area. Did the DEP make some ruling, or Franklin County? Or did you just hear a rumor about deposits?

I can't believe I'm even dignifying these asinine comments with a response, but WHATEVER!-this entire board is getting out of control- I think I will finally heed my wife's advice and "Get a life" (maybe you should listen as well robertsondavies) and stop spending time on here.
But, since you asked ("To the comedians, by a show of hands, which one of you guys said "sell" a year ago?"), I have been saying to sell since fall of '04 if you were just trying to make a quick buck, but if you want to own beautiful coastal property at still cheap prices (and if you have any perspective on other coastal markets there is no argument that SOWAL is still cheap), my advice is Buy (but please don't accuse me of costing you your life's savings and sending you into personal bankruptcy if you're dumb enough to buy something you can't afford)!

Peace-I'm out! Can't wait to throw down some cocktails at Bud and Alley's in a couple of weeks.

I think the views of these two groups ( investulators trying to flip for quick profits and people who want an second home at the beach) obviously are quite different. MId and Long term, no worries. On the other hand, those who bought for the quick buck on shaky financing, well, thats why they call it "speculating". I have talked to numerous people in that category, and the main reason they "invested" (ie: borrowed on home equity on option ARMs) was someone they knew made big money or they watched too many
Rich Dad, Poor Dad informercials. Making money takes time and hard work, and leverage works both ways. Long term vs short term is the problem.

yeah, you people all say " you love it " and "good one"... to the hilarious comment that St. Joe may be returning deposits.

I guess it's funny, but it's your crowd of owners/investulators/agents that populate this board that won't admit that SHELLY has been DEAD RIGHT, and Skier before her, right at the market peak.

You guys are the joke. It's pile on comments like yours, against Shelly's that have started to cost people money, and could result in a number of personal bankruptcies in the next 2 years. Thanks a lot guys for casting doubt on the rare voices of reason, on this supposed "board" regarding real estate down here.... "board" to me would connote a give and take, an exchange of ideas... not a bunch of appraisers/agents/investors ganging up on lonely voices of reason...

First of all-- (and I, too cannot believe that I am dignifying your insults with a comment) you're statement of all of those that are tired of the complete negativity that Shelly seems to bring to this board being in ONE group is unfounded & ridiculous- I myself vacationed down here as a little girl and have always envisioned bringing my future family here to experience everything I did years ago- I am building a home ( a small one at that ) and plan to have it as long as possible- Yes the market is changing- That's a fact! But you know what-- the negativity and gloom and doom, world is coming to an end feature of this board is old and tired- That's all I have to say-- Gotta' get back to my LIFE and work so I can make money to pay for my little postage stamp piece of paradise!!!!

Personally, I liked the books "Rich Dad, Poor Dad" and "The Millionaire Next Door". Did you read "Rich Dad, Poor Dad"? My take-away from both books was to live under your means and invest wisely. Planning on flipping properties wouldn't make sense unless you had a lot of money to risk and had the means to hold onto the properties in a bad market (I don't think either book talked about flipping properties, but I could be wrong since I read them about 5 years ago I think).

I visit this board from time to time to keep my finger on the pulse in terms of the real estate market along 30-A. What I can't help but notice is that Shelly's comments are so completly and overwhelmingly negative that I have started to lose interest in visiting this board. The shame is that Shelly has very valid, well forumlated and, in many instances, accurate opinions. If these opinions were presented in a less cutting, sarcastic and bitter tone, I think the result would be a more open forum that focuses on different viewpoints rather than everyone fighting with each other about who is right. It would seem to me that, regardless of whether you think the market is going to be fine or whether you think the worst is yet to come, none of us would be visiting this board if we did not have a vested interest in seeing the market regain strength and the area remain economically strong. The negative tone to otherwise valid points certainly does nothing to help the market or those who own real estate in the market. In fact, I found this board last year by doing a Google search, and I am sure people from all over the country who are interested in this area have stumbled upon this board. Once doing so, I am sure many people are left scratching their heads and wondering why there is so much animosity and bitterness about this area. Also, if the earlier post about personal bankruptices, etc. is true (which is certainly not the fault of any one person but rather choices people made with their own money), then I am sure those people would rather read about the current state of the market without feeling like they are being mocked. In short, let the free flow of opinions continue, but let's try to present those opinions in a more respectful manner.

Robert Kiosaki (Rich Dad, Poor Dad) is currently touring the country as a keynote speaker (along with "The Donald") for the traveling road show "Real Estate Wealth Expo" (tagline: One Weekend Can Make You a Millionaire)" -- next stop is May 6/7 in Atlanta.