Friday, May 13, 2011

Listing price is more critical than ever before

The guard on the 9th hole Lakes course

Summer doldrums strike early!

Six foreclosures at the Pier Resort have hit the market. This complex is across the street from the Cocoa Beach pier. These units were built in 2007 with 3400 sq. ft., 3 bedrooms, and 3 baths with dual A/C systems and priced at $299,900 or $88 per sq. ft. This complex was just completed at the worst possible moment.

Beach winds also has a foreclosure on the 1st floor, features include 3 bedrooms 2 baths and 1464 sq. ft. and priced at $238,000.

Windrush has a nice side unit on the 4th floor and is not a foreclosure or short sale with a price of $179,000. Priced to sell!

The Diplomat unit we mentioned previously with a price of $91,000 is under contract. There is also a new listing that is a short sale with a list price of $99,900.

2100 Towers has a new foreclosure that is a northwest corner unit and features 2 bedrooms 2 baths with 1600 sq. ft. and priced at $175,000.

Listing price is now more critical than ever before.

Jim Bagwell

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