des1954
DIS Veteran
- Joined
- Aug 10, 2007
- Messages
- 7,329
I work and live in Sarasota county and things are bad here. There are MANY vacant homes here.![]()
I lived in Sarasota from 1973 - 1987 - moved to Bradenton, left & moved to Polk County in 2002. I remember when North Port was a bunch of roads built by developers but never had the neighborhoods built. Then came the 1990's and everyone wanted to move to North Port because it was so affordable as compared to the rest of Sarasota County. Now, Sarasota County is #3 in the nation in foreclosures. I think that's because Sarasota County is full of second & third homes for many people. I was just down there two weeks ago and went out to St. Armand's. The circle was packed with people carrying packages.
For those of you that don't know St. Armand's Circle - they cater to the VERRRRRRY wealthy. Even during my highest earning years I couldn't afford to even think about shopping on the circle!!
Yeah, North Port had a big boom and then blew up. There are over five hundred homes here that are in various stages of construction that have been abandoned. On my street there is just me and my neighbor. The house across the street was foreclosed on. There are tons of people here who bought when the houses were at the peak of pricing and now their home is worth barely half of what they paid for it. I was very lucky to have bought my home when I did. At least I don't owe more then it is worth. I also bought down here because of the home prices being so cheap (at the time). This same house in Sarasota would be $200k more. I may have an hour commute but at least I own my own home. 
I use to work for ADT and three months after I bought my home they annouced they were closing our center and laying off all 500 of us. I use to have an easy on and easy of the interstate. I have a longer drive now but I'm MUCH happier with my new job! I dont mind the commute at all (I actually drive from NP to Bradenton, where my kids go to school, and then back to SMH for work....3000 miles a month). Im happy I have the home I always wanted and I feel horrible for all of those suffering through being upside down right now.

It has not been that bad thus far but we still have allott more to cut .Me and my wife are both in our late 40's and i had no intention to look for a job this late in life...But i know we will survive
Saving acct went with each check that was short during the past 6 months,but we are still holding on to what we have.Holding on as long as i can to get my severance...( is 17 weeks pay)and so i can get my pension out and then we can pay off all bills except house .Flexible....Nadia and Cathy Rigsby have nothing on my big hinnie
for your kind words.