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Monday, March 22, 2010

Happy Spring From Mexico Beach Florida!

I'm not sure where spring is springing this year but....its still 10-15 degrees cooler than normal this time of year here at the beach.
I talked to my sister in Texas Sunday and they got 6 inches of snow Saturday night!

It's been blowing a gale here for the last 2 days as well----------but I'm not complaining---Really!!

I could be sitting somewhere where 40 degrees IS normal for this time of year!!    We'll be in the 70's by the end of the week!

Let's get right into the market!

Four properties went under contract last week in Mexico Beach to St. Joe Beach.

  • A 3 bedroom Waterside Condo, ground floor, listed at $169,900 as a short sale
  • A 2 bed/2 bath condo ground floor right across from the beach, listed at 189,000 as a short sale.
  • A 2 bed/2 bath condo, top floor in the same complex as above, unobstructed gulf views, listed at $210,000 as a short sale.
  • A little house with a big pool, 2 bed/1 bath + guest house + beautiful in ground pool, listed at $249,900
  • There are a couple of other properties that should be under contract as of today from negotiations over the weekend.
On the cape one property went under contract:
  • 3 Bedroom Waterside condo:  Purchase price:  $155,089 + the buyer paid $5500 of seller costs.  (short sale)
  • Old 3 bedroom/2bath home, beach side:  Purchase price $217,000
  • Nice Home in St. Joe beach, one block to the water:  $280,000 (short sale)
  • Gulf front home in Mexico Beach:  Purchase price $490,000 (I think the buyer paid some closing costs as well)

I've been posting about some banks FINALLY getting realistic and aggressive about actually selling the properties on their books. 

Several bank owned deals put on the market right at market value have been snatched up in just days with multiple offers!!

Two properties listed as foreclosures were under contract with multiple offers in just 24 hours from listing.

Of course, not all banks are doing this----there are still some that are  not quite priced to sell---still sitting on the market....

If you are interested in any of the foreclosures above, my suggestion would be----let's make an offer!    The worse thing they can do is say no!


Have a great week!

Please don't hesitate to call or email me at anytime with any questions or concerns!!
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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