price declines accelerarting on 30a

since jan 1st its stunning to see the massive price declines on 30a. i bet 10-15 properties in watercolor have come on the mkt the past 10 days. i'm seeing price declines on 1.9 mil rosemary homes of 500k. desperation is mounting fast

You posted and seemed ready and interested to buy into Watercolor at anytime. Are you pointing out how great a time it is to buy or pointing out why you decided not to buy?

since jan 1st its stunning to see the massive price declines on 30a. i bet 10-15 properties in watercolor have come on the mkt the past 10 days. i'm seeing price declines on 1.9 mil rosemary homes of 500k. desperation is mounting fast

In Watercolor or all of 30A? Lots of buyers looming around once the price hits the right mark. That is why you will rarely see a low ball offer work. I see a tremendous amount of pent up demand.

In Watercolor or all of 30A? Lots of buyers looming around once the price hits the right mark. That is why you will rarely see a low ball offer work. I see a tremendous amount of pent up demand.

There is a floor and it's not $0

watercolor 1352 western blvd has been on the mkt what 18 months with the price lowered 4 times. still no sale at the supposed lowest price per square foot in watercolor at $340 or so.20 bear street which is a really nice home on eastern lake 200 steps from the beach lowered again to $609k. the house on 30a in seagrove on the road just lowered to 590k form 690k. i can go on and on and on.bottom line people want but many can't. belows just a few of many many this year. believe me i've scoured the area like an animal for 2 weeks and i see desperation.

1425976ROSEMARY BEACH
EAST OF CAMP CREEK46 SCOUT LN 54-6
ROSEMARY BEACH, FL$950,000 --> $799,000-16%332016
379WATERCOLOR
HWY 283 TO HWY 395350 RED CEDAR WAY
SANTA ROSA BEACH, FL$725,000 --> $650,000
1469779WATERCOLOR
HWY 283 TO HWY 395153 SILVER LAUREL WAY
SANTA ROSA BEACH, FL$1,199,000 --> $1,170,000
1489968WATERCOLOR
HWY 283 TO HWY 395288 WESTERN LAKE DR
SANTA ROSA BEACH, FL$1,595,000 --> $1,495,000
1497180ROSEMARY BEACH
EAST OF CAMP CREEK6 TRIMINGHAM LN
ROSEMARY BEACH, FL$1,895,000 --> $1,300,000

We have two of the above homes in negotiation. I will let you know which two when we get them under contract. ;-)

We have two of the above homes in negotiation. I will let you know which two when we get them under contract. ;-)

Ditto that.

watercolor 1352 western blvd has been on the mkt what 18 months with the price lowered 4 times. still no sale at the supposed lowest price per square foot in watercolor at $340 or so.20 bear street which is a really nice home on eastern lake 200 steps from the beach lowered again to $609k. the house on 30a in seagrove on the road just lowered to 590k form 690k. i can go on and on and on.bottom line people want but many can't. belows just a few of many many this year. believe me i've scoured the area like an animal for 2 weeks and i see desperation.

1425976ROSEMARY BEACH
EAST OF CAMP CREEK46 SCOUT LN 54-6
ROSEMARY BEACH, FL$950,000 --> $799,000-16%332016
379WATERCOLOR
HWY 283 TO HWY 395350 RED CEDAR WAY
SANTA ROSA BEACH, FL$725,000 --> $650,000
1469779WATERCOLOR
HWY 283 TO HWY 395153 SILVER LAUREL WAY
SANTA ROSA BEACH, FL$1,199,000 --> $1,170,000
1489968WATERCOLOR
HWY 283 TO HWY 395288 WESTERN LAKE DR
SANTA ROSA BEACH, FL$1,595,000 --> $1,495,000
1497180ROSEMARY BEACH
EAST OF CAMP CREEK6 TRIMINGHAM LN
ROSEMARY BEACH, FL$1,895,000 --> $1,300,000

It's 200 steps from the Beach club, where are you getting your distances from?

Many of you have asked us to contact you with "Steals" and "Great Buys".

They are now offering units starting in the mid $200's per foot (3162 sq ft, 2 story incredible gulf views, huge decks, asking $899,000, a few doors down was sold at $2,789,000)

...so does this mean that the guy who forked out $2.7 million will have the Clampetts living down the hall?

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...so does this mean that the guy who forked out $2.7 million will have the Clampetts living down the hall?

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They'll jsut love that cement pond.

Maybe the Clampetts are the ones who paid $2.7 mil. ;-)

Many of you have asked us to contact you with "Steals" and "Great Buys".

[FONT=arial,helvetica,sans-serif]Sanctuary by the Sea is a new luxury Gulf Front Condominium. It features 82 units, 640 feet of gulf frontage, numerous swimming pools, hot tubs, work out facility, underground parking, golf simulator, theatre room, breathtaking views and expansive units complete with travertine flooring, granite countertops, full Professional Viking Appliance package featuring 48" Range, 48" Refrigerator, wine fridge, large kitchen island, crown molding, fireplaces and expansive decks with amazing views of the Gulf of Mexico.[/FONT]
[FONT=arial,helvetica,sans-serif]The units at Sanctuary by the Sea were pre-sold at $800-$1200 per sq ft.
[/FONT]
[FONT=arial,helvetica,sans-serif]The equity partner has now taken over the project and is looking to sell the units. They are now offering units starting in the mid $200's per foot (3162 sq ft, 2 story incredible gulf views, huge decks, asking $899,000, a few doors down was sold at $2,789,000)[/FONT][FONT=arial,helvetica,sans-serif]. This is a great opportunity in a gulf front community. These units will be great rental units as well. [/FONT]

[FONT=arial,helvetica,sans-serif]We have attached a few aerial photos of Sanctuary by the Sea.[/FONT][FONT=arial,helvetica,sans-serif] [/FONT]

...ouch.

​

One of the realtors on the board can confirm, but I don't think they presold more than a few.

Can we get a Moderator to fix the typo in the Thread Title? I can't help but think I'm performing a sobriety test every time I read it. Take the keys before he tries to drive.

Can we get a Moderator to fix the typo in the Thread Title? I can't help but think I'm performing a sobriety test every time I read it. Take the keys before he tries to drive.

as far as I know Kurt is the only one with the editing power. the rest of us just nag.

sowal 20 brown street at eastern lake is 200 steps from the beach. hell western lake for 685k was 1/2 a mile

Maybe the Clampetts are the ones who paid $2.7 mil. ;-)

...I don't reckon so. Remember, before making decisions Jed always consulted Jethro and asked him to cipher the numbers....which was a giant leap compared to research accomplished by the majority of investulators.

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as far as I know Kurt is the only one with the editing power. the rest of us just nag.

Indeed, very much so.

Can we get a Moderator to fix the typo in the Thread Title? I can't help but think I'm performing a sobriety test every time I read it. Take the keys before he tries to drive.

I read it as accelefarting everytime.

I read it as accelefarting everytime.

...that's correct--price declines are accelefarting.

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...I don't reckon so. Remember, before making decisions Jed always consulted Jethro and asked him to cipher the numbers....which was a giant leap compared to research accomplished by the majority of investulators.

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You're right, of course. Jethro had a sixth grade education.

...that's correct--price declines are accelefarting.

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Probably a more accurate assessment.

sowal 20 brown street at eastern lake is 200 steps from the beach. hell western lake for 685k was 1/2 a mile

Perhaps you could define "step" for me. I'm not familiar with that standard of measurement. Is it smaller or bigger than a stagger?

You're right, of course. Jethro had a sixth grade education.

That's spelled edumacation.

We all know that Ellie Mae made all the decisions when it came to real estate. That's because she knows and understands the basic principle of real estate investing---Leveraging your assets.

Perhaps you could define "step" for me. I'm not familiar with that standard of measurement. Is it smaller or bigger than a stagger?

Anybody know how I can be notified every time sowalgayboi posts? I'm in need of more foolishness comedy in my life.