Florida homes

May 19th, 2008 by admin

There is one aspect of global warming that’s worth considering when making real estate investments, especially if you live on the eastern coast of North, Central, or South America: namely the warming of the Atlantic. Beach real estate is going to be a more precarious investment because insurance is going to run much higher as water levels continue to rise, owing to the melting ice caps. This means that in Florida, Palm Beach and Miami could be cities protected by levies if no gradual shift inland takes place. It also means that semi-coastal communities like Jacksonville, Ponte Vedra, and Atlantic beach will become prime beachfront real estate, making them a good investment now, as long as you don’t have to shell out for the expensive flooding and hurricane insurance premiums paid for beachfront properties.

Posted in jacksonville real estate |

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