It is a gated community and at least offers some restrictions on what can be built to protect your investment (home)--there is a little shack being built 2 doors down from me and I am not sure what effect this will have on my home value.

I love the Shoot Out it's one of the best weekends of the year for me, and I can't wait to see how this new venue works out, I'll be there running again.
If you think the LOTO is middle America, I think you're off a bit. I'll bet 90 % of the people down there that own homes condos etc... don't feel a thing.
One of the best things about LOTO, is all of the U.S. comes to it. It's one of the best places on earth, great people, great restaurants, great golf courses, and of course great boating.
It may slow a little bit, but they only have so many lake front lots, I say get 'em while you can, it is a great investment. We always consider it a savings account you can use, we've made a lot of money buying and trading condo's and houses down there, and it doesn't scare me one bit.
But remember location, location, location.....
Just my two cent worth.

I don't disagree at all that it's a great investment having a place at the lake and the best place around to meet people and have fun boating.

But if just 2-3% of the people down there are in distress it will have a ripple effect on the whole area and the housing market in general.

It's no different than any other place un the US, right now it's a buyer's market and it doesn't look like in the near future that will change until the excess of houses for sale are sold and the demand is greater than the supply...

Let's just wait and see what the winter shakes out, I'm a glass 1/2 full kind of person but if anything our CPA keeps telling us, depending on what someone's personal finances are there will be a fair amount of places that will be available at lower prices than we've seen in a few years...

I'm not someone who knows a whole lot about the Stock Market, but from everything I've seen the most money is made when it's down if you can afford it...

Don't ya hate when that happens.

Is that the new Porta Cima house you keep telling me to come look at?

IMO keep just the curios people out of it. They were the ones who would not slow down enough to keep the water calm. This actually will open up the shootout to the upper end of the lake which is now growing faster than any other end. The concentration of bars in this direct area are outstanding. In a 2 mile radius there are no fewer than 8 bars and restauraunts.

I will say my favorite place was in front of Tan-Tar-a but the did not want the headache.

So now that it is decided lets keep it going. If you did not read above it looked like the desert storm folks were going to try and make a play for it. Now we need to keep it at LOTO.

I think I will stay where I am at. I got a bargain from Four Seasons at these prices.

I saw a Porta Cima home on Craigs List the other day for $450k. Looked like the builder ran out of money and the bank was looking to deal.

I have actually been shopping for a new home in the St. Louis area because it is such a great time to buy. Most of the properties I have been looking at haven't had any other realtors on the sign in sheet since early November. There aren't many buyers and there really aren't many buyers that don't need to sell a property before they can buy.

It will be interesting to see how slowly the shooters lots move!!

That's it!!
Come on over it's got a big garage.......under the whole house.

I would like to see that porta cima house from craigs list. Was it complete I knew a builder in trouble on one that was complete. It was for sale for 1.1