When someone mentions short sales, the image that comes to mind is this:
But what would you think if I said “short sale” and this was the image that went along with it?
Well…right now, in Palm Beach County, there are 37 homes listed as short sales with asking prices ranging from $1,000,000 up to $13,000,000 !
There are also 6 bank owned Palm Beach homes with asking prices from $1,025,000 up to $3,500,000.
The downturn in the real estate market and the economy was not limited to just the working Joe like us…even the top tier of income earners/net worth have suffered the effects of the bottom dropping out of home values.
But, if you’re fortunate enough to still have a six-figure income or a lot of cash sitting idle…now is probably a great time to grab a seven-figure property.
- Five of them are listed as “oceanfront”
- Nine are listed as being on the intracoastal
- Four are over 5000 square feet of interior space
- Seven have private boat docks
- One is on exclusive Jupiter Island with 200’ of ocean and intracoastal!
Even if you're not in the seven-figure market, there are some great delas on the larger, upper-tier properties right now.
Give me a call on my direct line at 561.602.1258
And as always…thanks for reading…Steve Jackson
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