"The times they are a changing"

Photo courtesy of Don Hoover since my camera failed. This may have been the last shuttle piggyback we get the chance to see.

The market is still busy since the prices are still falling. The 1st quarter of 2009was the biggest drop since the downturn began, this has in turn made Brevard County property undervalued by 19.2%. Condo financing is still a challenge but can still be accomplished. I think we have seen the last of mortgages on complexes without reserves.

I think all of our complexes still look fantastic especially with the palm tree trimming. We are fortunate to live where we live.

In The Diplomat the oceanfront on the 3rd floor has been reduced to $274,900, this unit will probably sell now.

In Windrush there are 2 side view units that are good buys. The 1st is a 2 bedroom 2 bath unit on the second floor and remodeled for $269,900 and the 2nd is a 3 bedroom 2 bath unit on the 3rd floor, furnished and priced at $299,900.

The market will come back so don't panic just enjoy the beach!

Jim Bagwell