Love, love, love

Positive thoughts. I was out on the porch last night talking with my wife. Lightning was flashing over the ocean, surf was lapping and believe it or not a hawk was screaming. I just had an Epiphany that I had become much too negative. I will never go back to wearing pink pants but there are opportunities at our feet with the market we are in at the present time. We are working with a very good friend and his fiance at the present time to find them a home to buy at a good price naturally. We have recently closed their home for over $500,000, we are now looking for a home around $200,000. The choices are endless and of course you are hesitant to pull the trigger. If you are buying a home to live in then the market is not as important as if you are moving in a couple of years. The value is in the home itself and I guarantee that eventually the market will rebound, I just don't know when.

I don't really know when we evolved in this direction but negativity brings more pop and more readers, listeners and viewers. All you have to do is look at Rush Limbaugh and the huge contract he recently signed. The brilliance of this man is that he can't lose since you know he will have improved ratings if Obama is elected and he has already came out and said he doesn't support McCain. 4 more years of negativity guaranteed with higher ratings. So if you are against everything then life is very simple but not very fulfilling.

"Truth will set you free"

I firmly believe that all professions should always tell the truth about what the market is doing at the present time. This does not only apply to Real Estate, if you have a money manager then you know what I mean. If you count on one commission at a time with no regard to protecting your client then you are committing the ultimate sin and it will always bite you in the butt.

Merritt Island & Viera

There continue to be very good buys in this area of the market.

I noticed a 1700 sq ft home in Merritt Island 4 bedroom 2 bath with a new pool and completely upgraded. Priced at $209,900. I would expect to get this home under $200,000.

For you people over 55, there is a 1/2 duplex never lived in with over 1800 sq ft. This property was priced over $300,000 and is now $195,000.

A property in Sunset Lakes on Merritt is a great home, priced at $459,000. This home has over 3000 sq ft, great pool, 3 car garage and all the bells and whistles. It sits on 1/2 acre.

There is always a short sale. This one is on Merritt Island. It is a 2 story home with over 2000 sq ft, pool. Priced at $199,900, this could be a good buy with the appropriate inspections. Be very patient when presenting offers on short sales.

It is usually easy to tell your family that you love them but it is usually hard to tell a friend.

Next post I may be back to being cynical.

Jim Bagwell