Reasons to be hopeful for the health of Savannah real estate

Savannah has a diverse economy -- manufacturing, import/export port, all the retail warehousing that feeds off the port, fishing industry, military bases,  and tourism. This means that Savannah is not dependent on any one industry.

Plus, home prices in Savannah didn't rise as high as the northeast and the west, so homes in Savannah, Ga and the surrounding area are relatively low for a city that has so much to offer and is also on the coast.

After the cold winters in the northeast, Savannah looks more appealing. When the economy recovers, baby-boomers will likely consider Savannah a prime destination to start a new life in retirement.