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
Sandcastle avatar
SandcastleBeach Fanatic
#27
Sorry Sandcastle, that was my client that dropped the price on the pool lot next to yours. You must own P8....

Yep! ;-) I?ll be at the beach in few days and I?ll take the sign down while I?m there. I?d like to own the last pool lot available when the market turns up, but that?s wishful thinking. :floor:

I hope you can sell P9. It?s a beautiful lot.
SHELLY avatar
SHELLYSoWal Insider
#28
Yep! ;-) I?ll be at the beach in few days and I?ll take the sign down while I?m there. I?d like to own the last pool lot available when the market turns up, but that?s wishful thinking. :floor:

I hope you can sell P9. It?s a beautiful lot.

A $139,000 price drop in a week--impressive!

And remember the "P" is silent as in "Swimming Pool"
Sandcastle avatar
SandcastleBeach Fanatic
#29
A $139,000 price drop in a week--impressive!

And remember the "P" is silent as in "Swimming Pool"

And, some sellers are "under water". :( :
InletBchDweller avatar
InletBchDwellerSoWal Insider
#30
YOur lot is great as well. No buildings to block....

are you going to be at Seacrest Sunday July 23??? Concert at the pool....7-10 p.m.


Sorry Sandcastle, that was my client that dropped the price on the pool lot next to yours. You must own P8....

Yep! ;-) I?ll be at the beach in few days and I?ll take the sign down while I?m there. I?d like to own the last pool lot available when the market turns up, but that?s wishful thinking. :floor:

I hope you can sell P9. It?s a beautiful lot.
Franny avatar
FrannyBeach Fanatic
#31
Close'm Franny...

You got it Red!! :lolabove:
Sandcastle avatar
SandcastleBeach Fanatic
#32
YOur lot is great as well. No buildings to block....

are you going to be at Seacrest Sunday July 23??? Concert at the pool....7-10 p.m.



I always seem to miss the fun(n) by a day or two :idontno: .
InletBchDweller avatar
InletBchDwellerSoWal Insider
#33
actually just got back, it was very nice, small crowd, I think they need to schedule a concert the night of the annual hoa meeting...
YOur lot is great as well. No buildings to block....

are you going to be at Seacrest Sunday July 23??? Concert at the pool....7-10 p.m.




I always seem to miss the fun(n) by a day or two :idontno: .
spinDrAtlBeach Fanatic
#34
Are any of the agents here seeing differences in activity based on location/property type? I know that is a broad question but what I am interested in is whether or not some types are selling vs others, specifically area's of Sowal where height limitations are in effect vs. the overbuilt condo tower monstrosities in PCB and perhaps Destin.
Unplugged avatar
UnpluggedBeach Fanatic
#35
Are any of the agents here seeing differences in activity based on location/property type? I know that is a broad question but what I am interested in is whether or not some types are selling vs others, specifically area's of Sowal where height limitations are in effect vs. the overbuilt condo tower monstrosities in PCB and perhaps Destin.
We are seeing more activity with pre-construction assignment of contracts where orig contract holders do not want to close.

The activity we're seeing isn't based on the location so much as the 'perceived value' of the listing.
Sandcastle avatar
SandcastleBeach Fanatic
#36
actually just got back, it was very nice, small crowd, I think they need to schedule a concert the night of the annual hoa meeting...
Sounds good to me, as long as I can bring a pitcher of martinis. 😀 The For Sale sign comes down tomorrow. Actually, tomorrow is martini night at Cafe 30-A.;-)
Bobby J avatar
Bobby JBeach FanaticAuthor
#37
Are any of the agents here seeing differences in activity based on location/property type? I know that is a broad question but what I am interested in is whether or not some types are selling vs others, specifically area's of Sowal where height limitations are in effect vs. the overbuilt condo tower monstrosities in PCB and perhaps Destin.

Yes. I am seeing activity in things that are radically reduced in price. Back to 2004 prices. It seems the buyer is out there. They are circling like vultures. I have noticed that the developments where everyone is trying to sell are hurting the most.
spinDrAtlBeach Fanatic
#38
So price right now is the key factor, regardless of area? IMO, the quality of the areas with height limitations is much better, so I guess I was wondering if anyone is seeing that as a factor at this time - are prices holding better in those areas, worse, the same?

I for one would not entertain the idea of purchasing a high rise, but that's just me. To each his own.
Bobby J avatar
Bobby JBeach FanaticAuthor
#39
I have not really run into the height thing near 30A. It is more the price. The question is what is the real price :idontno: The buyers are more aggressive then last years sellers. If they hit a bump they will pull out in a heartbeat! Kinda like last year but in reverse....
Babyblue avatar
BabyblueBeach Fanatic
#40
Yes. I am seeing activity in things that are radically reduced in price. Back to 2004 prices. It seems the buyer is out there. They are circling like vultures. I have noticed that the developments where everyone is trying to sell are hurting the most.

Vultures are coming out to eat the dead. I have some folks flying in with 50 large to buy distressed properties. That is a good sign though. Could be getting close to the bottom. But first the meat has to be picked off. 😱

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