Tuesday, August 12, 2008

Aug 12, 08, Monticello, Fl Real Estate Values, Good Life in Monticello, Fl,

A magical morning it was when I got and went outside to get in the car and a doe and her two young fawns where grazing under our pear tree.
They just stared at me for a few minutes and wandered off into the deeper woods. My little corgi just sat about fifty feet away and paid no attention.

At the Chamber of Commerce meeting this noon at the Chamber building (an old wooden church in excellent condition). There were about 40 business people and politicians gathered for one of Mary Francis's famous lunches. Today it was Greek Salad, fresh green beans, beef mac, garlic bread and a brownie with ice cream and chocolate sause with iced tea. Talk was mostly an exchange of ideas mostly about eco tourism and the Wacissa Spring and River. It was a healthy and interesting discussion. At these meeting you can get a lot of business taken care of while you enjoy the meal and discussion.

A bright young lady real estate agent told me about a closing whe hope to have tomorrow. It was a very nice new house on five acres near town with fireplace, paved drive on a paved road that was listed for about $360,000 about six months ago. The price was reduce about 30 days ago to $295,000 and it is now under contract for $265,000. I believe a the numbers are correct. If not they are very close and certainly give you an idea what the market is like. In short the market is down about 30% from the top.

At least we know there is a market out there at the right price.

Rentals are coming available. I have a number of nice 1 bedroom 1 bath apartments, a 2 bedroom 1 bath cabin in the woods, and a 2 bedroom 1 and 1/2 bath single wide with five acres of pasture available.

Nice rain this afternoon. It will be pleasant to go home and read my papers shortly. All the Best, Tm

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