Wednesday, February 10, 2010

Luxury Waterfront Homes Selling at Bargain Prices in Space Coast Region

COCOA- Luxury waterfront homes, although still in high demand, are selling at bargain prices in the Space Coast region, according to two of the area’s most successful realtors.

Jack Jeffcoat and Kyle Hogan of Stirling Sotheby’s International Realty’s Coastal Lifestyles Group, which specializes in luxury homes in the Space Coast region, said one recent sale previously offered at $1.9 million closed for little more than half its offering price at $1,015,000.

“Luxury home owners are highly motivated to sell and pricing and terms are very flexible,” said Jeffcoat.

“This is a buyer’s market, especially in the million dollars plus range, and some fantastic waterfront estate homes are on the market at prices we won’t see again in our lifetimes,” he said.
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For more information contact:
Jack C. Jeffcoat, III, Coastal Lifestyle Group, Stirling Sotheby’s International Realty, 321-536-1461, jjeffcoat@stirlingsir.com; Kyle Hogan, Coastal Lifestyle Group, Stirling Sotheby’s International Realty, 321-536-1461; Roger Soderstrom, Founder/Owner Stirling Sotheby’s International Realty 407-588-1260

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