"If you are going through hell keep going"

Winston Churchill I believe he knew of what he spoke

I know you don't need me to tell you that our property values are still dropping. What you may not know is Brevard county is looking for revenue so they are proposing raising our tax millage rate and the assessed value of your property. If this goes through you could be paying up to 17.5% more on your tax bill next year. Public hearings are set for 9/13 and 9/27 for the citizens to voice their opinions.

Still nothing new in our complexes. Interesting to note, we closed a Mystic Vista short sale that is on the top floor with ocean views. This unit has 2010 sq. ft. and 3 bedrooms 2 baths and closed for $190,000 or $95 per sq. ft. Another Mystic Vista short sale was closed by another company that was also on the top floor. This unit has 1686 sq.ft. and 3 bedrooms 2 baths. This one sold for $170,000 or $101 per sq. ft. Get yourself a buyers agent!

There is a foreclosure in Cape Winds on the market that is a 1 bedroom 2 bath unit and priced at $97,500. Cape Winds is still a popular buy for the investor since there are no rental restrictions so a lot of these units are still selling.

Have a good one

Jim Bagwell