Great News for St. Lucie Real Estate Market
Monday, May 11th, 2009 In April the Port St. Lucie branch of All Florida GMAC Real Estate posted their highest dollar production since June of 2008. However, taking into consideration that in June of 2008 the average residential sales price posted by All Florida GMAC was $143,537.86 and this April the average was $79,132.50 one can see that the number of sales rose dramatically.
This is great news for the real estate market in St. Lucie County. Properties are moving and the demand for foreclosures is so great that many of them are selling for at or above their listed price. While still giving First Time Home Buyers and Investors opportunities they haven’t seen in years, this will eventually lead to the stabilization and gradual increase in prices.
David Bessette, Broker/Owner, and Elizabeth Ruvo, State Sales Division Manager of All Florida GMAC Real Estate would like to congratulate the whole team of associates in the Port St. Lucie office for their hard work and dedication to providing Premier Service® to all of their customers. They would also like to recognize three sales partners who registered more than $400,000 in sales in April:
MATT HARRINGTON, CRS, GRI – Matt sold $444,750 in residential properties in April and is the leading producer in sales for the year to date. Harrington is specializing in REO (bank owned) properties working closely with First Preston Management, Inc. which specializes in the marketing and management of real estate portfolios owned by mortgage banking companies, government agencies, institutions and other clients. His relationship with them has grown to the extent that he now services their properties not only in St. Lucie and
ROSA VARGAS, GRI –
JOANN DE ROSA, CMS – Joann sold $421,000 in residential properties in April. She works with buyers and sellers on traditional and short sale properties. Named “Rookie of the Year in 2008”, Joann’s enthusiasm and dedication to her customers will always keep her on top. De Rosa can be reached directly at 772-971-9438.
