A Message from Bobbie:
 

Greetings from the Reef where I have several good news items to report.  First, is the OR Club's real estate stimulus plan. Under the new incentive plan, a $40,000 credit will be issued to every buyer of a qualified property for the next 100 days.  A qualified property is one that is sold at $750,000 and under.  You can click below to read about it, but call me for the particulars, if you can take advantage of it.

Click the link here to read more in the Ocean Reef Press  

Secondly, I'm happy to report that a dozen waterfront homes have flown off the shelf.  This is the best indication of a revived market. In fact, the first quarter of 2011 has surpassed the entire year of 2009!  At this rate, surely we will double it.  The smaller properties, docks and lots are still lagging a bit.  That could be because their values have fallen below that of the equity membership.  High-end condominiums, especially those with boat access, are having success.  Marina Village, Pumpkin Cay and Harbor House have all enjoyed sales that will keep values up.  Unlike homes, what helps a multi-million condo to sell is the condition and décor.  The current condo buyers have bought turn-key.  We still encourage trading of our luxury second homes, as one of the two properties is likely to fall into the slower category.

The floating dock project of our Marina has been postponed until the summer of 2012. 

We are on the upswing with the activity of the last 6 weeks and we have 6 weeks to go.    Now may be the time to make your move.  Equity ownership is the wave of the future. To own a slice of paradise and have the variety of amenities at your fingertips is the kind of quality of life Ocean Reef is recognized for.