Foreclosures and Short Sales are hitting the upper end properties too.

By
Real Estate Agent with Keller Williams Realty Gulf Coast

Foreclosures and Short Sales are hitting the upper end properties too.  Right now there are 20 condos on Perdido Key Florida ranging in price from the low $100,000s to $1,750,000.  That represents 10% of the properties for Sale on Perdido Key.  Perdido Key is a small family oriented waterfront resort community. Thes properties are listed at huge discounts from their high in 2006.  As much as 62% off their highs.  Cash investors have begun to see these as bargain prices and started to purchase thes spectacular waterfront condos.  Perdido Key, Florida is an unbelievable beach resort and is perfect for the family vacation.  To get a list of Perdido Key Foreclosure properties just CLICK HERE.

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Gordon Dey

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Topic:
Real Estate General Information
Location:
Florida Escambia County Perdido Key The Beach Colony
Groups:
Activerain MLS Online
EXiT Realty WWW
Florida Real Estate Investors
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foreclosures and short sales are hitting the upper end properties too

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Rainmaker
672,668
Rob Arnold
Metro Orlando Full Service - Investor Friendly & F
Sand Dollar Realty Group, Inc.

We have had several multi-million dollar houses get auctioned off here in Orlando.  I guess the bigger they are, the harder they fall.

November 18, 2011 10:38 AM
Rainer
332,937
Paul Gapski
619-504-8999,#1 Resource SD Relo
Berkshire Hathaway / Prudential Ca Realty
 

thank you very much for the informative and interesting post. I get so much out of the active rain network.

April 10, 2012 06:45 AM
Anonymous
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Rainmaker
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Gordon Dey

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