Tuesday, October 10, 2006

WHERE WILL ALL THE SERVICE WORKERS GO?

Real estate is still at premium prices in Collier County, particularly west of I-75. Actively Listed Home Prices have fallen over the past 8-12 months but still are outside the reach of teh average blue collar income levels. With home prices starting to settle to the expected ranges, where will all of our services workers be able to afford to purchase their own homes?

The cry goes out... Go EAST!

Golden Gate City and Golden Gate Estates are primed for growth as we returned to a normal market. We are also seeing new developments, and even new cities, pop up all over the northeastern corners of Collier County. Valencia Lakes and Orange Blossom Ranch are among the far eastern communities that are growing east of I-75. Ave Maria made news a while back when they announced it's creation around the Ave Maria University, the only major catholic university built in the last 40 years. Now, Collier Enterprises is planning Big Cypress just west of Ave Maria.

For now, there seems to be ample rental properties at reasonable rates available to accomodate the service industry professionals. However, if rental rates start to catch up with home prices, the eastern migration will accelerate. The problem we will have is that of infrastructure, particularly roads and mass transit. We will need more of both. We, as the community, must do want we can to assure that Collier County addresses these issues before we start to lose the people that make this area work.

Check out NBC-5.com for more information on Big Cypress.

For information on Ave Maria, visit www.avemaria.com

Click here more information about Golden Gate Estates real estate?

Click here more information about Marco Island real estate?

or call

Joe Bartos at (239) 404-5068
Amerivest Realty

0 Comments:

Post a Comment

Subscribe to Post Comments [Atom]

<< Home