The Palm Beach Post

Fort Pierce homeowners get lowballed

February 24th, 2009 by TCPalm.com

FORT PIERCE — Despite the Florida sunshine, a nationwide report by California-based ZipRealty that tracks the hottest ZIP codes nationwide pegged an area of Fort Pierce as not being so hot.

The report, which tracks how offers submitted by buyers and accepted by sellers compares to a home’s original list price, said 81.75 percent of all homebuyers gave lowball offers to sellers in Fort Pierce’s 34949 ZIP code.

The region was ranked fifth nationwide for having the lowest offers on a home’s list price.

ZipRealty’s ratio identifies which ZIP codes are hot and cold. Hot areas are identified as regions where accepted offers come in higher than the list price of a home. Cold areas mean offers that are coming in are less than the list price — where Fort Pierce’s 34949 ZIP code can be found.

Here’s a breakdown of the hottest and coldest ZIP codes nationwide.

Hot ZIP codes:

1. Charlotte, N.C. 28212

2. Chino Hills, Calif. 91709

3. Corona, N.Y. 11368

4. Miami 33130

5. Edina, Minn. 55435

6. South Gate, Calif. 90280

7. York County North, Va. 23690

8. Chicago Loop, Ill. 60605

9. Waddell, Ariz.

Cold ZIP codes:

1. Tampa 33607

2. Harvey, Ill. 60426

3. Hollywood (Florida) 33023

4. Calabasas, Calif. 91302

5. Fort Pierce 34949

6. West Garfield Park, Ill. 60624

7. Coconut Grove, Fla. 33133

8. Ponte Vedra Beach 32082

9. Clearwater 33767 and 33756

Source: Emeryville, Calif.-based ZipRealty

By Nadia Vanderhoof

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