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Marco Island is on sale. So is nearly every other community in FL and around the US. Leave the signs alone. Find something else to worry about.
90% of the people on Marco waiting for home prices to come back won't live long enough to see it. Prices from 2005 - 06 were never real people. Wake up! The Nikkei at 40,000 in the 80's along with the Japanese real estate boom was the result of a credit bubble just like our housing bubble. The people in Japan are still waiting for the Nikkei (at 8,000 today) to come back. They are also waiting for their home values to come back. You people will be doing the same.
Home prices in the US are going back to being tied to the average median income in America. The credit is coming out of the system, in everything, not just homes. Anyone that doesn't understand this is a fool and deserves whats coming. Keep an eye on those pension funds, 401's, etc. They are next. It is amazing how ignorant people are when it comes to history and the monetary system.
The island is starting to look ratty I will admit. The reason is all the foreclosures and people that have stopped watering their lawns. Instead of being concerned with RE signs maybe the planners should look at bringing back the ability for people to xeroscape or reducing the cost of water?
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