This may not be the greatest news for sellers but WHAT AN OPPORTUNITY FOR BUYERS! When I ran the numbers earlier this week, there were 89 condos available in the Saugatuck and Douglas Area and fifty of these are ON THE WATER!
In the last twelve months five condos sold and currently there are three pending. That means we have a ten year supply of condos on the water or an eighteen years supply of condos on and off the water! Absorption for condos in the last twelve months was only 5 condos. You can do the math.
Hurry over and check out the choices. There are several in each association so you can have your pick of the litter. I am very familiar with all the choices having sold one of the five last year and with one of the three pending right now.
If you always wanted to be on the water in Saugatuck, you won't get a better deal than right now. Several of the choices have docks either that come with the condo or can be purchased separately.
You can enjoy these views at the best prices in recent history. There are even a few scattered foreclosure opportunities and several more coming on the market.
Call Dee Dee at 616-836-8535 or e-mail me at deehans@ameritech.net Be sure to see all the properties available at www.mysaugatuck.com and read all the other blogs regarding the market and properties.
Don't miss this OPPORTUNITY!
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