The news has been all around the states lately; the market is cooling down. Amidst all this talk, there is a spec of peculiar sales occuring in Goldem beach Florida.
A house is being sold by foreign investors for $26.6 million. For this property to sell at this price would increase there investment ten fold from when they bought it ten years ago. The seller, a person that can only be described as Delaware -registered. They Purhase the property in 1992 for $2.7Million.
This is actually a record for the area if the sale does pull through. This shows that the national trend does not define certain areas real estate market.
See Also
- IHS Realty Affiliate Program
Become a Flat Fee MLS Affiliate!
