Tuesday, October 19, 2010

Sales update

Positively Palermo posted a week or so ago that numerous residences had been snapped up, often by buyers from Canada paying all cash. At least one condo had multiple offers. In other case, the new buyer was offered more money to sell their new condo just a week or so after their purchase was completed, according to one real estate agent in the know. Two Palermo residences of note are on the market. As relayed last week, the two-bedroom "A" floor plan unit at 3533 Penny Lane had been listed. This nice residence was once the developer's model show unit. The A model show unit also moved to Breeze Loop and Melody Lane at different times. The status of the two-bedroom "D" floor plan unit at 210 Enterprise Way had been unclear. Scott Lyle Realty had listed it as a short sale in 2009. Then the for-sale sign came down, and the unit's front door was posted with bank paperwork indicating an impending foreclosure. Then it seemingly went off the market. The unit's front door now has posted on it a notice of an auction, set for Nov. 3 in Corona. See the above "Notice of Trustee's Sale" picture. Miss Penny Lane says: Now is your chance to join our jolly crew of good spirits at Palermo Palm Springs.

3 comments:

Anonymous said...

Does anyone know what the A units have been going for give or take. I rent and am thinking of buying in but not sure if I should wait and see what the people that took over enterprise are doing.

Anonymous said...

High 100's and low 200s. One in terrific shape, went for $235K last month. Some were sold for the mid 500s at the height.

Anonymous said...

There have been multi offers on some units because of the prices and the best located units are going.