As someone who is very concerned about our environment, I am deeply saddened by the BP Oil Disaster. Even though we have not seen any oil here, all of the new hype has started taking their effects on people who rent beachfront properties. "the Unknown" appears to be a reason to consider other options instead of locking in that regular beachfront local.
At the same time, for long term investors, this might be a great opportunity to get an incredible deal on beachfront property with historic low prices.
This article highlights the hype and the opportunity:
http://www.tampabay.com/news/courts/civil/clearwater-couple-sues-bp-claim-spill-de-valued-their-home/1101844
Steve Armstrong, Realtor, GRI, Certifying Agent, Florida Green Builders Coalition Smith & Associates Real Estate http://www.UniqueTampaHomes.com
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