Sunday, May 18, 2008

Guess whos coming for dinner?



Have you ever had one of those friends or relatives that always knew what time dinner was served and just happened to drop by. This crane is such a friend, our neighbor feeds him so he drops by at the same time everyday.

OK so lets review!

We have had 2 more units go under contract in our 3 complexes.

Another front building unit at The Diplomat 2/1 750 sq ft. List price is $155,000.

A 2nd floor direct ocean, sand dollar plan, 2/2 1444 sq ft. List price is $354,000.

So far in 2008 there have been 12 closed units in our 3 complexes.
The Diplomat 4 front buildings average sold price $131,750 1 oceanfront $170,000
Windrush 1 front unit $137,500 3 tower units average sold $312,500
Windward East 1 town home $184,000 2 1 bedroom in the tower average $177,500

In the same period in 2005 there were 7 units sold.
The Diplomat 2 front units average sold price $186,000
Windrush 4 units in the tower average sold price $302,000
Winward East 1 town home $235,000

Our 3 complexes are still very desirable especially at today's prices.

Hang in there neighbors.

Jim & Ada

Sunday, May 4, 2008

Hello to all you great people




We have not had much activity during the last week in our 3 complexes.

There is what appears to be a much updated unit now listed on the 4th floor of Windward East. This is a 2 bedroom 2 bath unit with 1394 sq ft of living. It looks very appealing. Priced at $459,000.

Now as you can imagine I have a vested interest in Windward East since it is my home. You could go to The Constellation in South Cocoa Beach, a unit there is over 2400 sq ft, designed by Clay Stephens (renowned local designer), underground parking, and priced at $489,000. Hmmmm!


If you are buying or selling you have to do the research. Good buys are there, you just have to find them.

49 properties have sold in April with another 39 under contract in the Cocoa Beach, Cape Canaveral area. Could it be the bottom, maybe but I couldn’t call it.

Hope you all have a great Sunday.

Jim Bagwell