We've all got dreams. I want a 50,000 home too!

Darlene,

While the real estate bubble has created many fantastic opportunities in the area, unfortunately a $50,000 home with a dock and intracoastal access isn't a reality in today's market. In fact, we have seen prices stabilize and in some cases we have seen price movement to the upside. In Hobe Sound, there are currently a total of about 450 properties currently for sale ranging from a 720 square foot mobile home in Ridgeway listed at $41,111 to an incredible 16,000 square foot oceanfront estate on Jupiter Island listed for $60,000,000. In between, there are some tremendous opportunities. The least expensive single family home currently listed is a short sale property in Heritage Ridge listed for $79,000 and the least expensive townhome is not a short sale located in the Villas of Hobe Sound and listed at $74,000.

Again, there are truly some tremendous opportunities out there, and with interest rates again falling below 5% it is a tremendous time to be shopping for the perfect home. If you would like any assistance in locating and negotiating the right price in Hobe Sound, or any other area in northern Palm Beach or southern Martin County please feel free to contact me at your convenience. I am easily reached at 561 308-0175 or via e-mail at tom@tompriester.com and would be happy to be of service. One call and you will find what "Results Driven Real Estate" is all about!

Tom Priester e-PRO
"Results Driven Real Estate"

Keller Williams Realty
561 308-0175
tom@tompriester.com

Not in Hobe Sound or really in Martin . You may find an occasional condo foreclosure or short sale that may have a community dock or available dockage but typically even for the condo you will be looking at $150 or so.