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Monday, January 25, 2010

Foreclosures and Short sales Mexico Beach Florida

Okay, we are back to high 50's and 60's in the day and "plummeting" to the 40's at night. 

While the 50's  is still pretty chilly to us and 40's  is FREEZING, it certainly is better than the 30's and 20's in my hometown of Erie, Pa.
Or the 20's and TEENS in Michigan!!!

I even saw a lady sunbathing over the weekend!!

There are currently 21 residential properties that are either short sales or bank owned properties in the beaches area of Mexico Beach to St. Joe Beach.
Short sales/foreclosures

Out of the 25 residential properties under contract, 16 of them are short sales or foreclosures.   Definitely these are dictating the pricing in the market right now!!
Short sales/foreclosures under contract.

The banks are FINALLY getting it!     In the last few weeks, the banks have lowered the prices on their homes to numbers that are drawing multiple offers!!

For the first time in several years, we are once again experiencing bidding wars!  The properties below were only listed for a few days (one was listed for an entire month )before multiple offers were in and bidding wars on!
Click here
Click here:  These homes were listed in Bay County's MLS but are properties in Mexico Beach.

The banks are negotiating but not much!  They don't have to, they have them priced right!

As I send out my "deals and steals" newsletters or my daily listings of good deals, if you see something you are interested in that is at a price you believe is a great deal or even a reasonable price, don't delay!

My January events calendar was a little bare--not a lot going on in the area right after the holidays.  I am in the process of udating events for February and March so don't forget to check it out. 

Have a good week and don't hesitate to call or email me anytime!!

Sundance Realty
Mexico Beach Fl Real Estate on Facebook

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Posted via email from Mary Blackburn in Mexico Beach, FL

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