I went recently to the liquidation sale at Linen n' Things and tried to get an ice cream cone at an already closed Brusters in Destin. I had not even tried the new Royal B Restaurant and it seems they came in as fast as they left the area. I heard that Wild Birds Unlimited and Dagwood's Sandwich Shop is closing their doors too. These are all local employers in our Destin market area.
It makes me wonder who will be next.
Hold on for more foreclosures in the upcoming months. It may be until early of 2010 before we see real relief in our market area. On a positive note, buyers are back and they are buying up a whole list of foreclosures. We need them to stay. They can help with the inventory level and keep Realtors like myself still gainfully employed. I welcome your comments.