Bobby J avatar
Bobby JBeach Fanatic
11,655 views
Seems like it is getting busy again... 😀 We have put together several contracts this week and tons of calls. It looks like this market will be ok. I think there are going to be some areas where folks have purchased too high but if they can be patient and wait it out the market will probably come to them. It is hard to stay down too long when you have such beautiful beaches! People simply want to be here...

Bobby J

Replies

67
Unplugged avatar
UnpluggedBeach Fanatic
#2
I certainly hope you're right - our business has increased a bit also, but my gut tells me this is just a temporary spike in activity due to the season and volume of vacationing families in the area. I think business will retreat again this Fall and perhaps come back in earnest next Spring or perhaps Fall of '07 - but only if we have a calm storm season this year...
Bobby J avatar
Bobby JBeach FanaticAuthor
#3
I think we are back to real Real estate. That past stuff was a fluke. This new stuff is more reality based. The current buyers I have been working with are end users who have been trying to get in this market. The prices are getting back to reality and allowing people to see some value. If you price it right they will come.
redfisher avatar
redfisherBeach Fanatic
#4
Capitalism at its finest..."If you price it right, they will come..."
Bobby J avatar
Bobby JBeach FanaticAuthor
#5
You betca!!! :clap_1:
andipandiBeach Comber
#6
Seems like it is getting busy again... 😀 We have put together several contracts this week and tons of calls. It looks like this market will be ok. I think there are going to be some areas where folks have purchased too high but if they can be patient and wait it out the market will probably come to them. It is hard to stay down too long when you have such beautiful beaches! People simply want to be here...

Bobby J

Thanks for a bit of hope. You always seem trustworthy. Sure would like to see folks not be stuck with the prices they paid in the last (Now) almost 3 years and
forfeit all their savings. I begged my husband for years to invest in the area. When we did the bottom fell out and I sure feel guilty.:(
Unplugged avatar
UnpluggedBeach Fanatic
#7
I think we are back to real Real estate. That past stuff was a fluke. This new stuff is more reality based. The current buyers I have been working with are end users who have been trying to get in this market. The prices are getting back to reality and allowing people to see some value. If you price it right they will come.
I sure hope you're right, Bobby J. With so many agents reading this forum, it's very interesting there aren't more posts to this thread... :idontno:

:scratch:
Bobby J avatar
Bobby JBeach FanaticAuthor
#8
Thanks for a bit of hope. You always seem trustworthy. Sure would like to see folks not be stuck with the prices they paid in the last (Now) almost 3 years and
forfeit all their savings. I begged my husband for years to invest in the area. When we did the bottom fell out and I sure feel guilty.:(

Thanks for your nice words. Try not to feel guilty. Alot of bad news went down last year. It seemed for awhile we could not get a break. Heck! I ran off to Costa Rico I got so fed up. My grandma reminded me that markets do this. No one could have known. Alot of doomsayers seem happy about it but in the end Grandma says it is going to ok. One last thing, Grandma has never been wrong!
dsilvar avatar
dsilvarBeach Fanatic
#9
.. in the end Grandma says it is going to ok. One last thing, Grandma has never been wrong!
Wait till your grandma meets SHELLY...:(
Bobby J avatar
Bobby JBeach FanaticAuthor
#10
My grandma would love Shelly!!! ;-)
InletBchDweller avatar
InletBchDwellerSoWal Insider
#11
Bobby J this is the first time I have posted all week. I have been very busy at work as well and feel that things are at least moving again although I do believe that it will die again. I think we are looking at 2 years for "normalcy" (just my 2 cents) It is back to real real estate. I am sure that this will weed out the agents that came in just to make a quick buck and do not know how to sell.....


Lets hope we do not get a large storm.....
Unplugged avatar
UnpluggedBeach Fanatic
#12
Bobby J this is the first time I have posted all week. I have been very busy at work as well and feel that things are at least moving again although I do believe that it will die again. I think we are looking at 2 years for "normalcy" (just my 2 cents) It is back to real real estate. I am sure that this will weed out the agents that came in just to make a quick buck and do not know how to sell.....


Lets hope we do not get a large storm.....
My thoughts also ...
Franny avatar
FrannyBeach Fanatic
#13
I sure hope you're right, Bobby J. With so many agents reading this forum, it's very interesting there aren't more posts to this thread... :idontno:

:scratch:
We are busy with customers!! :clap_1:
Sandcastle avatar
SandcastleBeach Fanatic
#15
A miracle happened yesterday. :funn: I?ve had a FSBO sign on my pool-front lot in Seacrest Beach II for eleven months. Yesterday I received my first call from someone other than a Realtor trying to price a competing property. I was shocked. :lolabove:

The sad fact is that I couldn?t come up with an asking price on the spur of the moment. :idontno: Until last week I knew exactly what my price was, and it was $104,000 less than the lot next to mine. However, last week I noticed that the lot next door had been reduced for the first time in over a year. It is now listed for $35,000 less than mine.

I paid less than half of the amount that my neighbor paid and I suppose I could get into the price war, but the more I think about it that would be ridiculous. :roll: Our area is much too attractive and unique for me to get pulled into that. The next time I?m at the beach I?m going to take my sign down. Until this market settles down and there is some consistency in pricing, I?m going to keep what I have. I?ve been through these cycles in Florida for over 40 years and it?s always paid to wait ? if you can possibly do it. I agree with Bobby?s grandmother. ;-)
Jim Tucker avatar
Jim TuckerBeach Fanatic
#16
I've just signed to buy 3 lots and looking at a few others and have relatives doing the same. We feel we'ree getting some good deals and are not worried if things drop more. We will continue to buy on the way down if it happens and when things starting heading up again. I have looked at a few things I saw on this forum - keep it up.
Unplugged avatar
UnpluggedBeach Fanatic
#18
We are busy with customers!! :clap_1:
Great! Well, there's one more...

I would love to hear from more agents re successful closings to help me believe in a recovery, or the beginnings of one.
pk305 avatar
pk305Beach Fanatic
#19
I have an excellent building lot (which is currently the lowest priced lot in this particular 30A development). Activity seems to have definitely picked up over the last few weeks...and especially the past few days!!
I will be happy to provide more info via PM....Thanks to everyone for sharing as it is very helpful to all of us as buyers and sellers!!
Kurt avatar
KurtAdmin
#20
Talked to a realtor today who has several recent contracts, one is a gulf front house in Dune Allen, and close to signing a couple more.

Also agreed that Garner's Lakeplace lot listing is a good buy at $350k. A little shocked actually.

Checking your forum account

Please wait while we verify your forum account.