Saturday, August 27, 2011

"If you don't learn to laugh at trouble"

"You won't have anything to laugh at when you're old"
Will Rogers
Picture is of our listing in Ocean Sands in Indialantic. This condo is a SE corner with 3 bedrooms 2 baths and 1811 sq ft. Price of $279,000 and that is priced to sell!

In our 4 complexes, nothing new in the past week, there are still 10 active listings and 3 under contract. This is the smallest number of listings in a long time hopefully this is good for the seller.

It has been a busy week in other complexes on the beach. There have been 10 closings this past week however 4 were the complex behich Florida Seafood I told you about earlier and the same buyer bought all 4. The buyer will make money on this purchase.

There are also a couple of new listings that are interesting. First a new short sale in Ocean Pines, 4th floor unit with great views 2 bedrooms 2 baths and priced at $250,000. There is also a river unit in Bayside that is also a short sale and it has 2030 sq ft with 3 bedrooms and 2 baths. Priced at $164,900. This could be a good buy. There are also a couple in the weekly or daily complexes which are good deals for the investor but getting harder to finance.

Enjoy the day and think about the outer banks.

Jim Bagwell

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