Is it me or the rest of the world?
By Anne Hensel, Realtor - Broker - St. Pete Beach, Treasure Island
(South Beaches Real Estate Professionals)
Yes, it is one of these days. When will the Realtors get real? Sometimes I just do not understand, are Realtors, Real Estate agents, listing agents waiting for the knight in white shinning amore? I am trying to find a way to sugar coat this, but I just can't. Seminole Isle is one of the communities that was new construction and sold directly from the developer at the peak of the market. This particular community got hit hard when the market crashed. People bought units for $400,000 or $460,000. Right now just in the last few month, these units sold for $ 225,000, $ 247,000, $260,000, $ 245,000, that makes an average sales price of $244,000 Ok, adjust for the view or upgrades but that's is it. Low end is 225K high end is 260K Why, why would you list one of these units at $429,000 ??? ...