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SHELLY

SoWal Insider
Jun 13, 2005
5,775
802
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Huntclose

Beach Comber
Jun 2, 2006
22
0
Ohhhh so much to harvest and with such little help we might not have time to get to all of these by 2008.

"Never seen these prices get to this level" - quote of the day at Starbucks Destin.

Hang in there all we can look to the moons and stars to align in the spring of 2009.

Hunt
 

Bobby J

Beach Fanatic
Apr 18, 2005
4,043
599
Blue Mountain beach
www.lifeonshore.com
Heres one even better than that - I have $500,000.00 to buy distressed properties on 30-A. If you or anyone you know is looking to "un-load" or
"dump" I can help. Builders and owners are welcome to email. Those that are bleeding or know of any bleeders please call. Agents are welcome.

Please send e-mail to huntclose@aol.com

This is becoming a very common request. The herd is slowly moving:D
 

Franny

Beach Fanatic
Mar 27, 2005
4,048
410
Pt. Washington
68 Pine Needle Way in Watercolor, on the block for quite a while...listed for sale at $1.7M, then at $1.4M, then went to auction this past weekend. A single bidder...SOLD! for $860K. (Whah..whaw...whaw)

The seller pd $325,000 in 04 for this house. Think they did ok!!:lolabove:
 

fisher

Beach Fanatic
Sep 19, 2005
822
76
The seller pd $325,000 in 04 for this house. Think they did ok!!:lolabove:


As a realtor, you should be able to do better research than this. :dunno: The seller paid $325k for the raw piece of land, not the house. Don't your know the market?? No house in Watercolor ever sold for anywhere close to $325k--not even the condos originally sold for that low a price.

When you add the cost of the land to the cost per square foot to build the house, the seller broke even at best. In all likelihood the seller took a loss on the investment when considering the cost of the land, the cost of the house and the carrying costs since 2004.
 
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