The Real Estate prices in Port St. Lucie Florida and St. Lucie West Fl. hit a unrealistic high in 2006. Those of us that have lived here for years looked on in amazement as prices sored beyond what most of us thought possible. Building was fast and furious, every house wife became a real estate agent and every lawn maintenance man became a real estate speculator.
Today things are as ridiculous in the opposite direction. Real estate in Port St. Lucie has hit a low that we will never see again. Weather you are a first time home buyer, a seasoned investor, or you are looking to buy a little bigger house or down size, now is the time to act.
I my opinion some of the best buys in Port St. Lucie are in the communities of Saint Lucie West. The western area of PSL is filled with newer gated and ungated subdivisions that range in price from 5 million to $100,000. The foreclosure and Bank Owned properties in these communities are not as plentiful as in the older area of Pt. St. Lucie, but the number of Short Sales and Bank Owned Properties seems to be growing in Saint Lucie West.
Over the next few weeks I will be visiting some of the gated and ungated areas of St. Lucie West. I will be breaking down the numbers, subdivision by subdivision. My purpose is to find the best buy for my money in St. Lucie West, because that is where I have decided to buy. You know when Real estate agents are in the market to buy that's a good sign things have bottomed out.
A Certified Distress Property Expert C.D.P.E specialising in Luxury Short Sales. My Wife is an REO agent specialising in Bank Owned, Foreclosed Properties. We have some great deals, buyers are welcome
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