I will be buying a home to rehab and right now we are looking at the Melbourne area. A real estate agent told me that Palm Shores Mims and Titusville are the next towns for growth. I want a location that will be booming over the next few years. Anyone know the area?
Fiserv and Money Magazine both said they expected up to 20% growth in Lynn Haven/Panama City area. Keep an eye on St. Andrews (in Panama City) the airport is being shut down and a larger airport is being built North of the Beach. The airport is sitting on bay front property. This will be developed over the next few years (2009 I beleive). Also beach property where I live is cheap right now. Stay away from condos, the high rises are going up left and right with no buyers. P.C. Beach area is getting revitalized and lots of construction right now, but it will be done soon and it will be worth it.
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