Florida saw a reduction of population between 2008 and 2009, but the University of Florida expects the population to have grown from April 2009 to April 2010 by 23,000 residents. The drop off was the first recorded in 50 years, after recording strong growth year after year. The states loss of residents was viewed by many including Time magazine, who questioned if Florida had lost its luster and had become the “Sunset State”.
Real Estate market trends for January 2010 are sending mixed signals, this should not come as a surprise, considering the overall economy. Recovering from the long and painful fall from the peak of the housing bubble will most likely have some up’s and down’s. The three major communities of Punta Gorda, Port Charlotte and Northport had a 29% drop in sales from December 2009. Recording sales of 249 homes of all types was the lowest amount since January 2009.
Gilchrist Park located on the south side of downtown Punta Gorda, is one of three premier parks that enhance the quality of living in this beautiful city. The park takes its name from Albert Gilchrist, Punta Gorda’s favorite citizen who made significant contributions to the city over the course of his life. Gilchrist made his name in real estate and land surveying but he also became active in politics.