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Teresa

SoWal Guide
Staff member
Nov 15, 2004
30,893
9,500
South Walton, FL
sowal.com
Updated my blog with basically a summary of my picks. I am killing it! Almost 100% wk1! Thanks for checking my blog out and feel free to call anytime. I really appreciate all the calls, showings and feedback!

http://www.sowalhomes.com/blog/

love the website and blog.
we need a surf report over there in the weather blog...
 

gmarc

Beach Fanatic
Jan 19, 2009
506
65
Yes my brother and sister both got 550k lots from 2005 for under 60k. they can hold 10 yrs and make 4 baggers, but once all this cheap invetory is gone real estate will be much tougher. i'm already seen some flipping going on. go look at redfigh village. 4-5 sold in the 150's to 180's theres been a few $300k sales lately. thats insane. who would pat 100% premium on condo's over 5-6 months
 

Bobby J

Beach Fanatic
Apr 18, 2005
4,041
601
Blue Mountain beach
www.lifeonshore.com
Yes my brother and sister both got 550k lots from 2005 for under 60k. they can hold 10 yrs and make 4 baggers, but once all this cheap invetory is gone real estate will be much tougher. i'm already seen some flipping going on. go look at redfigh village. 4-5 sold in the 150's to 180's theres been a few $300k sales lately. thats insane. who would pat 100% premium on condo's over 5-6 months

Ray,
I believe originally the Redfish units sold too high and then when they flushed them out in the 150-180 range they probably and apparently sold too low. The market is still trying to figure out where true values are. They change by the mile and fortunately as we clean up inventory we are learning where things will sell at. Remember, there are always buyers in the market place. Buyers never leave. Value leaves. Find the right price and the buyer will come. If you are not selling right now, you are not at the right price. The buyers do not see value (yet). Plug in the correct price and a buyer sees value.
 
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