Thursday, August 18, 2011

"I was a child prodigy"

"because a child prodigy is a child who knows as much when it is a child as it does when it grows up."     Will Rogers

Picture is of a pool at a short sale home on Merritt Island
If you only look at the Cocoa Beach/Cape Canaveral area, there have been 94 homes sold in 2011.  Of these sales 17 were short sales or 18%, if you don't consider short sales as something that will be with us for a long time it may be time to reconsider.  It is a very powerful tool for buyers and sellers and beneficial to both.

There are 2 new listings on Merritt Island that caught my eye.  Both homes are 4 bedroom 2 bath pool homes.

The first is in Villa De Palmas and features 1811 sq. ft. and 2 car garage.  The price is $139,000 or $77 per sq ft.

The second is off N. Banana River dr.  and has 1436 sq. ft.  It would be possible to remove one wall and have a big master.  The price is $119,000 or $83 per sq ft.

Both are very good buys!

Jim Bagwell 

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