RealtyTrac, a leading resource for real estate data, includes Florence, Oregon in its list of Top 15 Retirement Hot Spots for real estate investing. To qualify for inclusion in the special report, at least 1/3 of the population must be seniors age 65 or older.
Florence comes in at #11 on the list, with 38.2% of its population at retirement age or older. With a median sales price in May 2013 of $165,000 and an annual percentage rate change in price of 10.37%, Florence looks like a winner as a retirement destination.
We’re proud to announce our merger with Florence-based Prudential Pacific Properties, a market leader on the central Oregon coast.
“I am so pleased to have Mike and Miriam and their wonderful brokers join Prudential Northwest Properties,” said Bert Waugh, Jr. “I’ve had the pleasure of knowing the Cocciolo’s for nearly 15 years, and both of our companies share the same core values and culture, along with an ongoing commitment to exceptional customer service, so it’s a great match for everyone.”
Prudential Pacific Properties co-owner Mike Cocciolo adds, “Miriam and I have been considering for some time how to take our company and our agents to the next level. Over the last twenty years we’ve built a strong reputation in the market, but we wanted to bring even more value to our agents and their clients, and we’re confident that merging with Prudential Northwest Properties will provide the means for us to do that. Our agents will now have access to a state of the art technology platform and some additional business tools that will really set them apart in the marketplace and help them deliver an even greater level of service to their clients.”
Prudential Pacific Properties will continue operating under its highly regarded name and the current management team will remain in place. The company will operate under the ownership of Prudential Northwest Properties, but from a public perspective, there will not be noticeable change. The 16 member office will remain located at 1875 Highway 101 in Florence, and continue serving the coastal area from Newport to Coos Bay and east to Eugene.
To everyone at Prudential Pacific Properties, welcome aboard … we’re glad you’re here!