What do fishing and house hunting have in common?

By
Real Estate Broker/Owner with Uber Realty

The New Navarre Fishing Pier is Nearing Completion

The nice thing about my office being on the beach is I can take a break and see what is going on. Today I took my camera and took a picture of The new pier.

It's Tuesday and I have already had a busy week I worked with really nice family we found them a bank owned house which was price almost 33% less than the comperable homes. The only thing that was missing was the appliances. It has Granite counter tops security system, huge rooms, fireplace downstairs master suite. I also leased a commercial building and trying to find a short term rental for a new customer.

It took us 3 months to find this Home. We had just made an offer on a short sale and the owner turned us down not even the bank. I had done a CMA and our offer was in line with the previous sale but the owner thought it was worth more than we offered. This family will most likely have built in equity a rarity in today's market. This house was price so low you could not afford to build it for what they where asking.

Some say it is a bad Real Estate market. I say it is nether good nor bad it is what it is. This buyer was smarter he made calculation of what he could afford and we look at properties in his price range and made offers, got turned down but did not get upset. He was like the the barber with a long line on Saturday mornings. "Next"

The Fishing Pier will be open in two months. Fishing has some similarities to home shopping it take preparation, timing, skill and opportunities. If you caught fish every time you went, they would call it catching not fishing.

links to properties near fishing pier

 

 

Navarre median sales prices


Posted by

Read a great discription By Dan Green of Waterstone Mortgage

 

http://themortgagereports.com/11157/harp-changes-no-income-needed-with-money-in-the-bank

 

Link to my post about it for brief run down. 

 

 

Comments (5)

John Thomas
E3 Green HOMES - Boulder, CO
EcoBroker, MSEE, MBA

Good for the home buyers...And I agree, the idea of a good or bad market is all dependent on what side of the table you're on. Congratulation of the fishing pier...sounds like fun.

Mar 03, 2010 12:44 PM
Jim Whatley
Uber Realty - Fort Walton Beach, FL

Thanks. It will be ready for cobia season. I will bag one this year. Cobia seasnon is only a month away.

Mar 03, 2010 12:54 PM
Michelle Gibson
Hansen Real Estate Group Inc. - Wellington, FL
REALTOR

Jim - Our market was probably really similar in 2010, but as of today it his hot hot hot, we have such a lack of inventory and prices are on the rise.

Jan 31, 2013 06:34 AM
Anna Hatridge
R Gilliam Real Estate LLC - Farmington, MO
Missouri Realtor with R Gilliam Real Estate LLC

Sounds like you will be searching for the Cobia this week.  Good market post.  Have a great week.

Apr 27, 2015 12:25 PM
Jim Whatley
Uber Realty - Fort Walton Beach, FL

Anna, This time of year not to many days of but just another kind of fishing. Listings.

May 26, 2015 11:18 PM