Sunday, July 24, 2011

This Ever Changing Palm Beach Market

I often use this Blog to vent about my ongoing experience trying to buy a Palm Beach home, and that does not change today at all. If you have read this blog at all, you know I am looking for a deal, and I like Evergrene, Abacoa, Egret Landing, Paseos, and Frenchmans Reserve. So when a listing comes up in one of these communities I am the first to see it. Well about 2 months ago a home in Evergrene came on the market, it was asking $689,000.. It had a little water damage and was a short sale, listing agent was pretty clear they wanted close to asking seeing as a similar home had recently closed for $715,000. Well the home closed on Friday for $435,000, so as you know I was not the buyer unfortunitly, how did they get that deal? How come I didn't offer? Is this really a scam? All these questions and my search continues, but now ever tougher as we will compare everything to this 3600 sq ft, 3 car garage home, with a pool in Evergrene that just closed.

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