42 Trimingham Lane in Rosemary Beach Last of the REOs
UPDATE: Sold for $625,100 in March 2012!
Is this the last REO or Bank Owned Property in Rosemary Beach? As of today, this is the ONLY REO in Rosemary Beach available on the market. This does not mean that there will not be anymore foreclosures in Rosemary, however, I can say that last year there were over 23 distressed properties sold and new foreclosure starts in Rosemary Beach are almost nonexistent.
In 2009 there were 21 foreclosure starts in Rosemary Beach and in 2011 there were only 3, which represents an 85% reduction in foreclosure starts. This is a very positive sign for our market and signals a massive shift in our market. It is my opinion that 2012 will see the market shift that has been slowly turning for the past 12 months. 2012 has already been a fantastic year with my buyers rushing in to get the last of the great buys.
42 Trimingham could be one of the last REOs in Rosemary Beach for a long time. This small cottage in Rosemary Beach overlooks Triangle Park. With close proximity to the Sky Pool, Fitness Center and Tennis, you will be just steps away from Rosemary amenities. Designed by Piazza Architecture, this home exudes charm and quality. Inside you will find wood and tile floors throughout, high ceilings, solid surface countertops and a stunning tower with built in beds. Outside is a refreshingly large 10×20 pool just waiting for an evening party. If you are looking to purchase in Rosemary Beach for under $700K, this may be the last window of opportunity to do so. This property will not last thru the weekend!
For more information on 42 Trimingham Lane in Rosemary Beach please call Craig Baranowski 850-259-1788 or Tracy Baranowski 850-259-4270 or email us email@example.com Trimingham Lane Rosemary Beach 1,592sf 3Bedrooms | 2.5 Baths Built in 1999 Bank Owned Offered at $624,900