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A Rising Tide Floats All Boats

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Services for Real Estate Pros with Bowden's Market Barometer

Our intrepid colleague David Pearson contributed a blockbuster article to the year-end edition of Bowden's Market Barometer. 

. . . In nearby Palm Beach Gardens, high-priced residences continue to sell.  “Given the economy and the international situation, we have had a surprisingly good summer,” said Connie McGinnis, who heads up sales at Old Palm, which is located at the epicentre of some of Florida’s top high-end, golf-oriented private club communities.  “We are relying strongly on the internet, selecting the right places to be, and making sure our website is visited by the market we’re seeking.  We also have very successful co-broker relationships, consistently making sure that this area’s top brokers are current with everything happening inside the gates.” Thanks to superior golf facilities and amenities, Old Palm is appealing to the new European “Young Turks,” some of whom have purchased homes there. Steve Birdwell and John Munro, president and head of sales at Sea Pines Plantation on Hilton Head Island, are experiencing an upward swing in their resort occupancy.  “So far,” Birdwell said, “2012 advance bookings are 28 percent higher than the same time last year.  Of course that’s way off from the peak year of 2008, but it’s clearly moving forward.”  What about the slump in group sales, I asked:  (read more)