"The lowest ebb is the turn of the tide"

Henry Wadsworth Longfellow

The good news is we may be reaching the bottom but the KSC situation is not helping. On the beachside we have been almost immune from foreclosures and short sales but not anymore.


2100 Towers

The unit on the 3rd floor with side views south is down to $214,900. This unit has been on the market for 4 ½ years and started at $499,000.
2100 has reached the point of having the most actives and the prices are dropping below $200,000.

The Diplomat

The front buildings are now regularly selling for under $100,000. There is now a short sale for $80,000 and a listing under contract listed at $69,900, this unit closed for $64,000. There have been 4 closings in the front buildings this year with an average sale price of $85,375, if you throw out the low and the high the average would be $85,250.

Windward East

The short sale townhome is under contract listed at $150,000.

Unit on the 7th floor with side view is listed at $254,900 this foreclosure sadly will probably close for less than this price.


Enjoy these great fall mornings we are having lately.



Jim Bagwell