The Upside to a Down Market – Conservation
There was an interesting article by Leslie Kaufman this week sent by floridarealtors.org that discussed one of the positive aspects of the current real estate market crisis. Land trusts as well as state and local governments have been able to boost conservation efforts as property values decline.
By buying land that was previously priced too high during the peak of the market, these organizations are able to help protect wildlife and sensitive land areas. This has added benefits to all involved – wildlife is preserved, developers are relieved of some of their financial burdens, and land owners see increased property values for their proximity to conservation lands.
To see what’s happening with conservation efforts in the Ponte Vedra Beach and Jacksonville areas, check out the North Florida Land Trust’s website.
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