Sunday, June 5, 2011

"There are two theories to arguing with a woman"

"Neither one works" Will Rogers We have 9 female agents so I know of what I speak!
Boat races on Cocoa Beach! Now why would anyone live in a quaint little prison town like Auburn NY?

Activity

There has been a lot of activity in our comlexes. Windrush, the front unit that is a 2/2 with 1240 sq ft closed for $97,000, that is a good deal for the buyer considering the amenities and monthly rentals.

The diplomat, 2 front units sold for the list price of $89,000 and $91,000 respectively. The other front unit is under contract with a list price of $119,900.

2100 Towers, direct ocean unit went under contract with a list price of $179,000 after 46 days on the market. Mmmmmm, maybe list price does matter.

Food for thought
A lot of you have noticed and inquired about the homes that were built in S. Cocoa Beach between S. Orlando and S. Atlantic. They were originally listed for over $1M then put back on the market for $799,900. These are called single detached homes since you have 6' between homes and they all average about 3500 sq. ft., a very small pool and either a 2 car or 3 car garage. 4 just closed for prices between $480,000 and $500,000, I do believe an investor saw an opportunity.

Have a good Sunday!

Jim Bagwell

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