Thursday, September 12, 2013

3 years ago, Palermo was overflowing with homes for sale

What a different a few years makes. Positively Palermo looked into its archive and found this posting from September 2010 when Palermo was overflowing with distressed properties on the market. Three years later, only one home is up for sale, and it's not a distressed sale but a regular sale, at a price more than double the market lows. The 2010 posting read: "Here's a best guess of what's on the market based on for-sale signs in the windows or eviction/foreclosure-type notices posted on front doors. - 210 Enterprise. Two bedroom, two-floor D unit. 1,286 square feet. - 240 Enterprise. Two bedroom, two-story loft A-unit with a spa. 1,375 square feet. - 248 Sandy Point has a for-sale sign. Two bedroom, two-story loft A-unit. 1,375 square feet. - 258 Sandy Point has a for-sale sign. Two bedroom, two-story B-unit. 1,320 square feet. - 3587 Quiet Side. Two bedroom, single-level G-unit. 1131 square. feet - 3697 Quiet Side. Two bedroom, single-level G-unit. 1131 square feet. - 3586 Sunburst. Two bedroom, single-level G-unit. 1131 square feet. No sign but was listed online. - 3686 Sunburst. One bedroom, single-level E-unit. 831 square feet. (May have been sold recently.) - 3563 Penny Lane. Two bedroom, two-story C-unit with a spa. 1,275 square feet. - 272 Breeze Loop. Two bedroom, two-story loft A-unit. 1,375 square feet. - Also, word has it that a two bedroom, two-floor D unit, 1,286 square feet, on Melody Lane is in foreclosure with a bank auction." Miss Penny Lane says: She wishes aged as well as the timeless Palermo.

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