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   

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