Just knowing how many homes is not always enough. It’s important for those thinking of selling to know what the buyer make up of an area is in order to have reasonable expectations when thinking of selling. Front and foremost, as of the beginning of November we are about 8% above last year
Flagler County/Palm Coast Market Report July 2009
We are seeing some very postive signs in the area and much needed stabilization. So why is stabilization important? Because value can not recover without it. Just a recap of some of the postives from the Residential House market: Number of listings is remaining at their lowest levels in the last few years @ 1,342 […]
Presentation & Short Sales: Why Sellers Are Missing Out With Short Sales
It’s no secret that many owners today find themselves in situations of having to sell their home as a “short sale”. It’s not an easy time for these owner. They are having difficulty making the payments, other life situations are probably adding to the stress (i.e. loss of a job, divorce, etc.), and the property has become more of a burden than a “pride and joy” in their lives. But these owners actually have a significant competitive advantage over regular property listings . . . buyer attention. Why? Buyers look for “deals”. Short sales have a buyer expectation of “deal” associated with them in much the same way as ‘foreclosures’. Obviously, unlike foreclosures . . . the seller still owns the house and must get the most for the property to be able to minimize the difference owed and negotiate with the bank how to handle that differnce after close (i.e. ‘forgive’, repayment plan, etc.).
Not All Short Sales Are The Same: Short Sale Myths
For anyone who has been shopping for Real Estate over the last year or two or if you are just beginning to shop, you would be hard pressed not to come across the term “Short Sale” on a least a few properties. Here in Palm Coast, houses for sale as a “Short Sale” represent a little over 30% of all houses for listed for sale in our MLS. I find myself talking short sale explanations on almost a daily basis with both buyers and sellers. I am also finding that many people have either made inaccurate assumptions or received inaccurate advice regarding “short sales”. Since this type of sale situation is a reality for today’s buyer and seller (and will be for probably a while longer), I wanted to address some of these common “myths” regarding “short sales”.
Flagler County & Palm Coast Sees Significant Decline In Number of Houses For Sale
Many in the area remember over the last two years that it was not uncommon to see 2000+ houses for sale in the area. In fact, many are still under the impression that the level is still that high. The good news is that the number of houses for sale in Palm Coast and Flagler County has significantly dropped. As of 5/16/09 we have 1095 Residential Houses for sale in Palm Coast and 1502 for all of Flagler County
Beautiful Custom Home For Sale In Cypress Knoll
Stunning Custom Home In Prestigious Golf Course Community $179,900 Location: 8 Eastgate Ln Palm Coast, FL 32164 Map and Directions Single Family Home 3 Bedrooms 2 Bathrooms Interior: 1779 sqft Lot: 10,000 sqft Description Stunning custom home located in the prestigious golf community, Cypress Knoll. Features many custom upgrades such as oversized tile […]
The Significance of Short Sales
When shopping for residential house for sale in Palm Coast and Flagler County, you will undoubtedly encounter ‘Short Sales’. Right now (as of 3/24/09) of the 1,737 Residential Houses for sale in the County, 518 are Short Sales. 274 or 16% of all Residential Houses for sale fall into the $0 to $150,000 listing price range […]