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Friday, October 03, 2008

Plantation Point Rockledge Homes For Sale - Market Activity

The Plantation Point development in Rockledge Florida consists of homes built primarily around 2004 and 2005. These homes were being constructed during the "hot market" before the big drop! A lot of these homes were purchased at prices higher than the current market and now the prices have dropped and become really attractive!
There are 9 properties listed for sale at this time. The 4 lowest priced properties are now listed as short sales. A short sale is a situation where the probable selling price will be less than the mortgage owed. As a result the sale will be contingent on the lender's approval. A short sale does present opportunities but these transactions can take a much longer time to close!
The lowest priced home in this subdivision is a 4 bedroom 3 bath 1986 sq ft home priced at $239,900. Another interesting short sale is a 4 bedroom 3 bath 3 car garage 2500+ sq ft home at $259,000.
[With the competition from short sales so keen the other properties must compete - if they want to sell!]
If you would like information on any Rockledge or Viera homes for sale, please feel free to contact me. I can be reached at 321-693-3850 or by email to
Gary Waters, Florida licensed real estate agent, Waters Realty of Brevard, Melbourne, Florida.

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