flows like an orange and green river bursting, streams
wealth gushing in the numbers and trends. The stream of money
to be made surges north from Orlando along Highway 17, an area
filled with pines, stately oaks and many, many groves of oranges.
messages at this and the www.garyascott.com site look at
profit potential in Small Town USA. When traveling
Merri and I try
different routes and automatically watch and look for opportunities.
have done this for so many years that we do not even
think about what we are doing. We just wait for instinct
gut begins to rumble and there is that “I would love
to be here
feeling”. This is what we wait for. We felt
this aplenty as we tried a
new route on our trek south. We could hardly wait to
get off of the
this knee jerk response is right or not, only time will
However given the opportunity I will place some bets on investing
land and homes south of Orange Park, Florida (Jacksonville)
Highway 17 to Orange City (Deltona-Orlando) Florida. There
are numerous small towns including Green Cove Springs, Palatka,
Welaka, Pierson and De Leon Springs.
nice geographic features include the Atlantic, about 20
east. Easy to get there but during hurricanes, far enough
huge but beautiful St. John River winds south along the highway
then forms the huge Lake George and slightly lesser Lake
turns in the road and land along it into a peninsula with
kicked out. Nice water is on both sides.
logic can come up with several reasons why my gut was kicking
as I drove through this land.
Highway 17 is in the path of progress, connecting the huge
Orlando and Jacksonville megapoli. Second, we have heard
from Floridian friends that there is a wave of resettlement. Coastal
people are fed up with fleeing storms, high prices, high
insurance and higher property tax. They are staying
in Florida but moving inland. This
is the first high ground away from the coast, not exempt
from hurricane winds off the Atlantic, but too far inland
to be clobbered by sea developed storm surges. Be sure
to check the flood plains from the river and lakes before
you look further.
this is potential baby boomersville. Numerous messages
pointed out that many baby boomers will move when they retire
but will stay about 25 miles from where they live now. This
means a huge
potential market of buyers sits in Duval and Orange County.
quick comparison shows the logic in selling a home in the
urban areas and moving into the friendlier, lower cost, less
fourth reason I like this area is nature. This is wonderful
forested land. The towns are loaded-moss laden oaks and
abounds with flora and fauna. Many boomers appear
to be shifting in
Learn more about Lake George at http://www.jimporter.org/lakes/george/
and I have been models of this trend for almost a decade
buying and living on secluded acreage. A
December 23, 2005 USA Today article by John Ritter,
"An intriguing new development in the forest" helps confirm
this trend. The article says, "We’re
seeing a huge, huge transformation taking place. The fundamental
nature of why people own forest land has shifted." The
article points out "Affluent
baby boomers looking for getaways and retirement homes
are drawn to secluded outdoor lifestyles."
article focuses on how land owned by magna forestry companies
is becoming so valuable that it is being divided and sold
small acreage parcels. Ritter looked at parcels being
sold by companies such as Industrial Paper Co. and 20 acre
parcels being sold outside Olympia, Washington near Mt. Rainier.
One specific parcel mentioned was 200,000 acres divided by
Weyerhaeuser and being sold in 20 acre parcels in the $300,000
per parcel range.
least 10 million acres of private forest will be sold
next year according to estimates by the American Forest
foundation and others. That would be as much as was sold
in all of 1990."
quite a trend! Quite an acceleration, not surprising
look at how many of us boomers will celebrate our 60th birthdays
if the guy on the pogo stick in my gut is correct and if
looking for a way to conserve and enhance wealth, you may
do well to buy secluded, forested land not too far from
large urban areas that will appeal to baby boomers over
five or six years.
One place to find this aplenty is between the Oranges on
the way this is also a wonderful winter trip away from
the snow and cold. The sun is shining and you can
enjoy the weather as you enhance your wealth.
next message, may all your investing be sunny