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Wednesday, November 30, 2011

Port St Lucie, FL Market Report:The $50K somethings. Homes sold from 49K-60K

Port St Lucie, FL Market Report:The $50K somethings. Homes sold from 49K-60K


The 50 Somethings…
Single Family Homes Sold in Port St Lucie from 49K-60K
I wanted to do a Market Report on the 50K price range most expectantly to see a serious decrease in solds from this year over last. Surprise… again the numbers don’t lie.. so even I have to drink the sour milk… (yuck)

2010 Homes Sold from 49K-60K Single Family in Port St Lucie 3/2 min
Port St Lucie, St Lucie County, Foreclosures, Homes for Sale, Fannie Mae, Freddie Mac, VA, FHA, HUD Homes, Real Estate, Welcome Center Realty, Market Report, FLA777, Gayle Beyer
2011 Homes Sold from 49K-60K Single Family in Port St Lucie 3/2 min.
Port St Lucie, St Lucie County, Foreclosures, Homes for Sale, Fannie Mae, Freddie Mac, VA, FHA, HUD Homes, Real Estate, Welcome Center Realty, Market Report, FLA777, Gayle Beyer
While there was a decrease…12% to be exact… I was expecting more like 35%. One the sunny side though… there was a DECREASE! Guess that is a step towards recovery or in the right direction anyway.
Some of you may be looking these over and wondering about the larger homes that went very cheap. Those can be attributed to either Chinese Drywall or our old nick name “Pot St Lucie”. So with more of those out of the way ..we can at least pave a path to Sunnier Florida Days.
p.s. Last time I was incorrect in my projected outcome was in college when I studied a comparison of articles relating to Welfare Reform in the Wall Street Journal and USA Today (this was around 1994) completely expecting Wall Street to be Conservative and USA Today completely Liberal…. Wall Street was more republican but USA Today was completely unbiased. In case you ever wondered….

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