Monday, April 25, 2011

"A quick 18?"

We tried to play a quick 18 on Easter Sunday but this guy was in front of us.

Some days it is worth playing golf at Cocoa beach just for the wildlife.

Windrush

A new listing on the top floor side view hit the market for $239,000.  This is priced right for a sale but expect offers.  The unit has 3 bedrooms 2 baths and 1565 sq ft.  I believe this should go under contract under 30 days.

The Diplomat

A new unit in the front buildings has came on the market.  This is the only one on the market at the present time.  Unit should get a lot of looks priced at $89,000, this is the new price of the day for the front units.

If you are buying a condo then one you should consider has came on the market.  It is in Wavecrest in South Cocoa Beach.  The unit is on the 4th floor with great views, features 2 bedrooms 2 baths and 1566 sq ft.  Now as you can see this unit has the same square footage as the Windrush with 3 bedrooms making this unit much more spacious.  It is a short sale and probably already has several good offers being priced at $255,000.

Enjoy this weather!

Jim Bagwell 

Sunday, April 17, 2011

"One thing I know is true"

"When buying property, you need someone representing you"
River from Crescent Beach Club

We still get calls from potential buyers who are calling all listing agents who have listings that may have a property that meets their needs.  These buyers are doing a huge disservice to themselves and making the process so much more time intensive for themselves as buyers.  The listing agents have already established a relationship with their sellers, now as a buyer what you should do is establish a relationship with a buyers agent who will work to find a property that fits the buyers' needs.  The buyers' agent has access to all listings and can show all listings.  He or she can even build a customized link that will notify the buyer of new listings that fits their needs and will be emailed to the buyer when a new listing comes on the market.  This will save the buyer many hours of searching, a lot of phone calls and the buyer will be sure not to miss out on a new listing.

A new listing in Stonewood has came on the market.  This listing is in the B building which is the oceanfront building.  The unit is a 2 bedroom 2 bath on the 10th floor with 1317 sq ft.  You can count on great views and this price is the lowest for the B building in a very long time.  $279,000!!! 

I do believe you have some time to get that good deal before the turn, however when priced to sell the properties are going quickly.

Jim Bagwell

Friday, April 15, 2011

"Price it right and they will buy"


There has been a lot of talk amid a lot of frustration that the market is on the rebound.  I believe the reason that there are buyers in the game again and the inventory is getting lower is lower prices.

The Sand Pebbles we talked about last week is under contract after 5 days on the market, priced at $169,900 side ocean view.  The Royale Towers we talked about the week before is under contract after 10days on the market, priced at $199,900 side view on the ocean.

The good news is that the inventory is definitely lower on the beachside and if priced according to the comparables they are getting looks and offers.

I believe we are going to make it.

Jim Bagwell   

Tuesday, April 5, 2011

"Success is not final, failure is not fatal"

"It is the courage to continue that counts"  Winston Churchill , Those words really counted during that time, he wasn't talking about Real Estate prices.


This is Sand Pebbles condos in Cape Canaveral.  A new side view unit just listed for $169,000 in a ocean front complex with 2 bedrooms 2 baths,1 car garage.  The complex dues are $300 monthly and monthly rentals are allowed.  A picture of beach at the end of post.

It wasn't very long ago that buyers would always call and say they wanted a condo on the beachside for under $100,000.  We would always have to say we didn't have anything available.  Today we can spend 2 days showing what is available for 2 bedrooms 2 baths non-waterfront under $100,000.  I know it is rather depressing what has happened to property values but it is rather exciting to be able to help so many more buyers.

Picture of Sand Pebbles Beach

Stay dry, at least it doesn't have to melt!

Jim Bagwell
 

Sunday, April 3, 2011

"It's better to burn out than to fade away"

Neil Young, these words became legendary when they were left as part of Kurt Cobain's suicide note.  From that day forward Neil Young always emphasized other lyrics "Once your're gone you can't come back".  You never know the effect of your words, personal commication remains superior to emails and texts'.


The white pelicans have gone back to the north.  Interesting to note that these birds don't dive for fish like our brown pelicans, they herd fish similar to what dolphin do to feed on fish.

Nothing new in the complexes we have been talking about recently.

For those thinking the prices of sales on the top floor of Windward East were low, it may turn out they did very well.  A Waters Edge top floor with 1350 sq ft and 2 bedrooms 2 baths just closed for $250,000 fully furnished.  Unit features great ocean and river views.

As far as side views go, A Royale Tower side unit just closed for $165,000 with 1256 sq ft 2 bedrooms 2 baths.  This sale caused a unit on the same floor to be listed at $179,000.

We will continue to see sales of condos increase as the prices drop.  A lot of people blame foreclosures on the prices being offered but the truth is there are as many 2nd home owners just choosing to sell their units .

What a georgeous day in Cocoa Beach!

Jim Bagwell