Crystal Cove Real Estate ~ Deal of the Month!

by Michael Salas


Breaking News: 2/13/2009 – Price Reduction: $2,995,000. The deal is getting sweeter.

What’s up with the street named Coral Cay in  Crystal Cove? There are seven homes for sale on this street. One of them is going to be a deal for someone. At least by today’s standards. Check out the listing information for 3 Coral Cay. This is an ocean view property in like-new condition on a large lot.  Currently the price shows $3.995M. That’s not a deal. But, wait, I received an e-mail this week stating the price is coming down to $3.250M. Whoa! That’s a good price reduction! A good negotiator might even get it for less.

I can’t find my crystal ball so, I can’t tell you what’s going to happen in the next year. But, for now, 3 Coral Cay is shaping up to be a deal in today’s market.

Maybe seller resistance to realistic pricing in Crystal Cove real estate is finally starting to give way.

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