Sunday, August 22, 2010

Be careful what you wish for you just might get it!

I am sorry for being slack on posting. We submitted a proposal to become a listing broker with The Department of HUD and were awarded the contract. We now list HUD homes throughout Brevard County. We moved our office to a bigger space to accommodate the additional work. We are now located at 125 N. Brevard Ave in Cocoa Beach almost directly behind our old office. Stop by the new office and check us out


Since we have received the contract we have listed 35 HUD properties with only 13 that are still active. The investors have come back to Brevard for these type of investments although we do get some 1st time buyers.

Well it has been a busy spring for our complexes with some news not so good unless you are looking to buy.

The Diplomat now has 6 active listings and 3 sold since April.

The large oceanfront unit is still active listed at $575,900.

There are now 5 front buildings priced from $80,000 short sale to $139,900.

The 3 sales were front units. Priced as follows listed at $114,900 sold for $107,000, listed at $90,000 sold for $85,500, listed at $97,500 sold for $85,000. As you can see the new comp for the front buildings is under $100,000 for the front buildings.



2100 Towers now has 5 active listings and 1 sold since April.

There are four 2 bedroom 2 bath units priced from $169,900 to $395,900.

There is one 3 bedroom 2 bath unit priced at $354,900. The prices at 2100 depends on what side of the building you are located and floor.

One unit has sold listed at $390,000 sold at $350,000.



Windrush now has 5 active listings and 1 sold since April.

There are three 2 bedroom 2 bath units priced from $214,900 to $287,500.

There are two 3 bedroom 2 bath units priced from $219,900 short sale to $485,000.



Windward East now has 4 active listings and 1 sold since April.

There are three in the towers priced as follows: 1 bedroom 1 bath priced at $199,000, two 2 bedrooms 2 bath units priced from $294,00 to $350,000. There is also a townhome that is a short sale priced at $150,000.

One unit sold listed at $329,000 sold at $299,000.

We will soon have our 1st foreclosure listed.



Stay cool and enjoy the boat races.



Jim Bagwell