Friday, March 12, 2010

"I feel its raining all over the world"

The late great Otis Redding!

Unfortunately no closings since our last post.


Remember I told you that I am including 2100 towers because I think it is a unique property. We have also talked about chasing the market.

2100 Towers

Unit on the 3rd floor with south views and 1600 sq ft, 2 br and 2 baths. Unit has been on the market for 4 years, started over $500,000 and is now listed at $239,900. If it had been reasonably priced it would have closed a long time ago and much money saved in taxes, condo fees and other carrying costs. It is entirely up to the owner on pricing but it is up to the realtor to give the owner a chance to sell.

Unit on the SE corner with good views has been on the market for 1 ½ years. Originally priced at $450,000 and is now at $420,000. Unit also is 1600 sq ft 2 br 2 baths on the 5th floor. It also comes fully furnished.

Now for the unique, a unit on the 12th floor with 1600 sq ft 2 br and 2 baths. Hollywood designer put his touch on this unit and even features a hidden dance floor. Priced at $395,000 so come on and dust off the Donna Summer albums and hit the dance floor.


Windrush

The unit on the 5th floor with direct views is still there. 2 br 2 baths 1271 sq ft, I am surprised there is not an offer on the table as yet. It may not sell for the list price of $310,000 but it will sell if the owner wants to sell it.

Unit with a north view is also still there and priced at $299,900. It is upgraded and is on the 5th floor with 2 bedrooms 2 baths and 1271 sq ft.


The Diplomat

Chasing the market, unit has been on the market for 2 years originally priced at $162,000 now priced at $121,900. You can’t chase the market you have to be the market.

Thanks for your time and stay dry.


Next week we are going to talk on the health of your association.

This picture is compliments of my dear perverted friend in Auburn NY or should I say cabin fever affected, it is a shuttle launch picture from Ponte Verde on the west coast.


Jim Bagwell

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