Pardon us real estate investors here in coastal Georgia if we sit out the long predicted real estate market collapse that is the cause of growing concern to investor’s nation wide. This much hyped possibility is a non event in the Lowcountry of coastal Georgia for a number of different reasons – undervalued coastal real estate comparatively speaking, low population density, and plenty of eco-tourism resort type activities that are favored by a growing number of retirement age baby boomers. Fundamentally, these boomers continue to target, buy, and hold future real estate investments that figure high on their retirement plans along our “golden highway” paralleling Interstate 95 and Highway 17, an approximate 100+ mile stretch of road infrastructure that runs the Heritage Corridor from Hilton Head, South Carolina down to the Georgia/Florida state line. Boomer retirement accounts, long anticipated leisure life style choices coupled with retirement plans, and relatively undervalued real estate properties trumps all other considerations in this local real estate market that remains alive and well if not actually cranking out real estate transactions as robustly as just six months ago.
The long term prognosis not only remains solid but fortunately ample investment vehicles are still available. And the ongoing trend of many planned developments to be built by migratory nationally known builders confirms this trend is likely to continue unabated minus any overly worrisome peaks and valleys over the next decade or two assuming you continue to purchase real estate along this corridor underneath the market. A recent article by one low cournty resource, St. Simons based The Center for a Sustainable Coast consortium, who’s mission statement reads that they were “formed in 1997 by a group of public-spirited environmental professionals and concerned citizens” to “improve the responsible use, protection, and conservation of coastal Georgia's resources - natural, historic, and economic” lays out the mythic good life style scenario in a pristine environment. Read this article to see why coastal Georgia is in the proverbial right place at the right time with the prerequisite undervalued real estate investment inventory that bears investigation for savvy boomers that are still undecided that a southeastern coastal move and a Lowcountry Lifestyle is not a prudent choice for living in the Promised Land.