Tuesday, December 18, 2007

Investor Alert

The investment opportunity in developing Florida property has caught the attention of Fortune magazine.

The local development company they picked in top 10 stocks for 2008, St. Joe.

St. Joe has developments ready to go but on hold in the Sarasota, Bradenton, Anna Maria Island area. In particular Perico.

The magazine picked St. Joe because of simple demographics. The Census Bureau has predicted at 33 percent population increase in the state by 2020.

That is six million more people looking for a place to live. St. Joe has plenty of land to develop in the state.

The St. Joe stock has dropped to a point where Fortune magazine believes it is a good buy that will rise as development gets back on track.

Take that one step further. If you want to buy property that is likely to appreciate now would be the time to start investing in Florida property.

All the best
Greg Owens PA
Keller Williams Realty of Greater Manatee
941.779.5149
greg@teamworksfla.com

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