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Sunday, March 22, 2009

Spring Break Mexico Beach Fl

We've got quite a few families in for spring break! And the weather has really cooperated! It's been absolutely gorgeous!


There is a new upcoming auction! Tranquil Harbor, which is a canal front condo complex, is now bank owned and they are auctioning 10 units May 2nd. Each unit has a boat slip.

If you want more information or are interested in registering, let me know and I'll send you the information.

These is a brand new complex with pool, elevator, boat slip. They are auctioning off 2, 3, and 4 bedroom units.


We have been busy this last week!!! Lots of showings!

Five properties were put under contract last week in Mexico Beach alone!
  • An old double wide mobile home that needs a lot of work but is a straight shot to the beach only 2 blocks away. Listed at $109,900.
  • A nice home with over 2300 sq feet across from dedicated beach. Listed at $565,000.
  • A 1994 home in the 2nd blk to the beach, 1700 sq feet, 2 lots, garage. Bank owned. Listed at $285,000.
  • A newer home in the first block to the beach, 1680 sq feet. Listed at $299,000.
  • A large home across from dedicated beach that needs work. Bank owned. Listed $574,900

That's a lot of activity for a 1 mile square strip of beach AND we are just NOW getting into the most active selling season!!

All of these properties are being purchased by end-users, not investors. They are middle to upper class working people who are finally able to purchase a 2nd home at the beach!!!

If you don't think its the bottom of the market, please let me know why!!!

If you are an end-user still sitting on the fence but have the desire and ability to buy now, please let me know what is stopping you-----and I really want to know, that's not a rhetoric question!!!


Interest rates are now at a national average of 5.06% for a 30 year note. 4.76 % for a 15 year note!! Suntrust and Wachovia are both advertising 4.90 and 4.89% for 30 year notes!!!


I'm working on updating the foreclosure list for all areas here. Let me know you want one and I'll email it to you!!


Have a great week!

And remember......."Don't take yourself so seriously. No one else does!!"

Don't hesitate to call me anytime!



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