Treasure Coast Real Estate Editor - Featuring Julie Gaumond, REALTOR® -

On our website www.FloridaHomes.pro/Stuart_Florida_Homes you will find pre-defined searches for you based on price ranges for Stuart, Florida. All you need to do is click on the price range you are interested in, and all of the current listings in that price range will come up in a new window. It may take a few seconds so be patient. After viewing the listings, you may use any of the tools at the top of the listing page to save or modify your search or hit the back button to scan through additional listings. It's that simple.

And please remember that we can set you up with a very detailed, comprehensive, multi-city search within the Multiple Listing Service (MLS) computer system. This is the best way to automatically search the MLS and have listings emailed directly to you. Just email Mike@FloridaHomes.PRO or call us (772) 260-5448

See all SOLD Homes and actual selling prices! - If you are interested in keeping track of what is selling in a particular area . . . and to compare the listed price with the actual sale price, send me an email and we will set the auto-search feature up to notify you of ALL sales in the specific area - Mike@FloridaHomes.pro

For ALL MLS home listings in Stuart Florida - Click Here

On Thursday, October 8th, at the Martin County Courthouse, 12 town houses in the Renar River Place development will be sold to the highest bidder. With a $4.3 million judgment, Bank of America will be lucky to see anyone bid higher than about a third of their judgment amount.

Deal or No Deal? We'll be watching. I've advised my clients to bid no more than $1,020,000 or $85,000 a unit, and I'm not even happy with that. Unlike the Cynergi deal in Miami the other day, this development has an absolutely horrible location. It should have never been built, and obviously no one at Bank of America did any due diligence. But the developer walked away with a huge paycheck for a development that will sit empty or eventually become some type of affordable housing.

If you're interested in bidding, I suggest you call me before Wednesday. Mike Morgan - 772-260-5448

The goal is to connect Jensen Beach Boulevard and Savannah Road with the proposed southern segment of the Green River Parkway. The cost . . . $185,000 completely funded by a Department of Transportation grant, the Savannah Road portion will be an eight-foot wide sidewalk on the northeast side of the roadway and a six-foot wide sidewalk on the southwestern side. When completed we will have a 4.5 mile loop around Jensen Beach.

Looking for a home in Florida? - I'd welcome the opportunity to assist you with a purchase of a house or condo. For additional information please call me 772-260-5448 or visit our website FloridaHomes.PRO

Sign Up for Mike's Florida Real Estate Blog - Click Here

Great Time to Buy? - Yes, No, Maybe. I suggest you read this piece I wrote about how to find a Great Buy and what traps to avoid - Click Here .

A couple of weeks ago I wrote a piece about the auction of 97 condos in the Cynergi project. I thought the high bid would be $12 million on this project with banks stuck for more than $30 million. I was wrong. The 97 units sold for an unbelievable $9 million, leaving the Banksters stuck for $21 million. Actually, the bank's not stuck with anything, because the lender will stick it to shareholders and the FDIC. The developers and the Banksters basically skimmed off $21 million for their own pockets.

But this goes to show that there are deals to be made. At $9 million, this project makes sense as a rental building that the owners can eventually sell off as condos.

If you are interested in foreclosures like this, please call me. Mike Morgan - 888-227-5217 or email me Mike@Morgan7.com
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After a seven year review, Martin Memorial Hospital was designated an Employer of Choice. Only 29 agencies across the country have received the designation since its creation in 2000 by Employer of Choice Inc., a national team of experts on workplace trends.

Looking for a home in Florida? - I'd welcome the opportunity to assist you with a purchase of a house or condo. For additional information please call me 772-260-5448 or visit our website FloridaHomes.PRO

Sign Up for Mike's Florida Real Estate Blog - Click Here

Great Time to Buy? - Yes, No, Maybe. I suggest you read this piece I wrote about how to find a Great Buy and what traps to avoid - Click Here