Before Watercolor was built the county owned a large piece on the beach side. A deal was made with St. Joe and the county to give joe the land on the beach in exchange for joe building a parking lot on the north side. It took them forever to build it, I doubt they will build restrooms or anything that will attract attention. Watercolor does not have a large enough beach they don't want public beach goers on their beach. Joe has enough pull to get away with this. Watercolor's biggest problem will be their tiny beach. A friend of mine is selling his house because the beach is to crowded, he's building on his lot in Watersound, Huge beach.
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St. Joe Quarterly Earnings Report
- Thread starter Joe Complete
- Start date
Smiling JOe
SoWal Expert
I know of WaterColor owners who trek straight to the Beach thru Seaside and do not even go to WaterColor's beach. There are many homes in WaterColor with direct and closer access straight to the beach at Seaside.lampkwp said:
Smiling JOe
SoWal Expert
Joe said:
Yes, it even has a sign as seen above. Nice parking lot, eh?
Smiling JOe
SoWal Expert
I think the overall market has been in a sluff recently. Surely you do not calculate your home's value every week, so carry that forward and don't waste your valuable time calculating your portfolio's value every week. If after performing your DD and the stock is good, buy it. To some extent, forget the price, except when doing your DD. Trying to time the market will beat you up, and often leave you with very littlePaula said:
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Beachlover2
Beach Fanatic
Historically the market does poorly in August.
SHELLY
SoWal Insider
Depending on when you got in, if you're at all concerned, a little profit-taking to lock in gains (or a stop-loss on a portion of your holdings) might be in order.
I think the real estate market has been spooked by the increasing yield in the the 10-year as of late and with Fed set to keep bumping up the rate (seemingly) through the rest of the year (and beyond), the speculators are starting to sweat. Could trigger a run for the exits--or not. (JOE's PE is way too high!)
I think the real estate market has been spooked by the increasing yield in the the 10-year as of late and with Fed set to keep bumping up the rate (seemingly) through the rest of the year (and beyond), the speculators are starting to sweat. Could trigger a run for the exits--or not. (JOE's PE is way too high!)