Tuesday, May 06, 2008



As confirmed by yesterday's edition of the St. Pete Times, business for existing Realtors has picked up dramatically. In speaking with my colleagues, business is beginning to return, as buyers sense "blood in the water"...frantic investors, over-burdened builders, and seller who just understand that our prices have fallen to '02/'03 levels.






Many banks understand it now, as well. One of my clients just closed on a beautiful N. Pinellas SFH...when the appraisal was completed, he found he had about $60,000 in equity! Bank foreclosures are also the subject of multiple offers and increased showing traffic. If you're out there looking for a great deal, ask your realtor about bank-owned foreclosures.






I just listed a beautiful, prime-location vacant lot in N. Clearwater Beach's exclusive Carlouel enclave. A corner parcel measuring 68' x 110', 987 Eldorado Ave is directly across the street from the world-famous sands of Clearwater Beach and offers deeded beach access to it's new owners. Utilizing the City of Clearwater's flexible building guidelines for the LMDR zoning, one can build a dream beach home with GULF VIEWS! This property is assessed by the county at $716,000 - we're selling it for $599,900!




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