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Bivens Lake Estates, Gainesville - Announcing a price reduction on 2824 SW 14th Drive, a 806 sq. ft., 1 bath, 1 bdrm single story "PANORAMIC VIEW OF LAKE". Now  MLS®$89,000 - RENOVATED LAKE FRONT UNIT. Property information
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Foreclosures & Short Sales will rise in 2011, however home owners need to understand that the quicker they let go and sell their home, the faster they can rebound and re-purchase another home in two years for a lower price. Vs. allowing their home to go to foreclosure sale. The home owner will need to wait 3 years for Fha financing and 5 years for conventional financing. Bankruptcy is one tactic that homeowners are doing to slowdown the foreclosure process. If you are someone who filed Bankruptcy, Fha requires that you wait 2 years to get Fha financing. Also once the home owner make the decision to sell their home the healing process can begin. Contact Tracy Storms at 352.275.9552
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Saint Charles Place, College Park - Announcing a price reduction on 301-1418 NW 3RD AVE UNIT 301, a 990 sq. ft., 2 bath, 2 bdrm single story "W/LOFT". Now MLS®$199,999 - GREAT PRICE GREAT AREA. Property information
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Jackson Square Condominiums, College Park - Announcing a price reduction on 346-1320 NW 3RD AVENUE 346, a 1,476 sq. ft., 3 bath, 3 bdrm single story "HUGE 3/3 PLUS STUDY". Now MLS®$469,999 - UNIQUE and ONE OF A KIND. Property information
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Jackson Square Condominiums, College Park - Announcing a price reduction on 302-1320 NW 3RD AVE, a 1,200 sq. ft., 3 bath, 2 bdrm 2 story "LARGE TOWNHOUSE W/AMAZING VIEWS". Now MLS®$286,000 - REDUCED ALMOST $50K. Property information
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MUST SELL BEFORE FORCLOSURE • 1,007 sq. ft., 2 bath, 2 bdrm single story - MLS®$93,000 - SHORT SALE Mill Run, New Port Richey - AN OFFER HAS BEEN ACCEPTED BY THE SELLER AND HAS BEEN SUBMITTED TO THE LENDER FOR APPROVAL. Excellent 2/2 in popular Mile Run. A maintenance free community. Ammenities include pool, clubhouse, tennis, basketball courts, Close to shopping and restaurants, this unit is in move-in condition and will not last! Property information
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Sales of existing homes in Florida rose 15 percent in June, marking 22 consecutive months that sales activity has increased in the year-to-year comparison, according to the latest housing data released by Florida Realtors®.
A total of 18,038 single-family existing homes sold statewide last month compared to 15,732 homes sold in June 2009, according to Florida Realtors. June’s statewide existing home sales increased 7.7 percent over statewide sales activity in May. Meanwhile, last month’s statewide existing-home median price of $143,400 was 2.1 percent higher than May’s statewide existing-home median price of $140,400. It marks the fourth month in a row that the statewide existing-home median price has increased over the previous month’s median.
Fifteen of Florida’s metropolitan statistical areas (MSAs) reported higher existing home sales in June, while 16 MSAs posted increased existing condo sales. A majority of the state’s MSAs have reported increased sales for 24 consecutive months.
Florida’s median sales price for existing homes last month was $143,400; a year ago, it was $147,700 for a decrease of 3 percent. The median is the midpoint; half the homes sold for more, half for less.
The national median sales price for existing single-family homes in May 2010 was $179,400, up 2.7 percent from a year earlier, according to the National Association of Realtors® (NAR). In California, the statewide median resales price was $324,430 in May; in Massachusetts, it was $299,000; in Maryland, it was $249,177; and in New York, it was $194,900.
More jobs are key to the continued recovery of the housing market, according to NAR’s latest industry outlook. “If jobs come back as expected, the pace of home sales should pick up later this year and reach a sustainable level of activity given very favorable affordability conditions,” said NAR Chief Economist Lawrence Yun. “We’ll also keep a close eye on market conditions on the Gulf Coast.”
In Florida’s year-to-year comparison for condos, 6,916 units sold statewide last month compared to 5,215 units in June 2009 for an increase of 33 percent. The statewide existing condo median sales price last month was $95,000; in June 2009 it was $112,800 for a 16 percent decrease. The national median existing condo price was $181,300 in May, according to NAR.
The interest rate for a 30-year fixed-rate mortgage averaged 4.74 percent in June, down from the 5.42 percent averaged during June 2009, according to Freddie Mac. Florida Realtors’ sales figures reflect closings, which typically occur 30 to 90 days after sales contracts are written.
Among the state’s larger markets, the Tampa-St. Petersburg-Clearwater MSA reported a total of 3,226 homes sold in June compared to 2,848 homes a year earlier for a 13 percent increase. The market’s existing home median sales price was $138,400; a year earlier it was $139,400 for a decrease of 1 percent. A total of 912 condos sold in the MSA in June compared to 671 units sold in June 2009 for an increase of 36 percent. The existing condo median price was $99,100; a year earlier, it was $113,300 for a decrease of 13 percent.
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SUWANEE COVE, Cross City - Announcing a price reduction on 54 SE 910 AVENUE, a 1,200 sq. ft., 2 bath, 2 bdrm single story. Now MLS®$110,000 - SHORT SALE MUST SELL. Property information
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Mile Run, Gainesville - Announcing a price reduction on 3747 NW 53RD ROAD, a 1,394 sq. ft., 2 bath, 2 bdrm single story. Now MLS®$85,000 - SHORT SALE MUST SELL. Property information
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What's the number 1 rule when it comes to Real Estate? It's all about LOCATION, LOCATION, LOCATION...Did I mention Location? Campus View South, has only 4 remaining units left! Located only 2 short blocks from the University of Florida, Shands Hospital, and the VA Medical Center. 2BR 2BA Units are 1080 sq/ft and include all high end appliances side by side fridge, range mounted microwaves, smooth top range, dishwasher washer and dryer. 9 ft ceilings, crown moldings, maple cabinets, french doors and so much more, Most of all every unit conveys with an assigned parking space. This is the ONLY secured entry building surrounding UF. Final 4 units have been reduced to $185K. Average rentals are approx $750 PER BEDROOM! . This has been very popular with parents of students at UF. Parents have purchased these units, and their student lives in one of the bedrooms and the other room mate generates rental income. Think of this as incoming revenue while you are a student at UF! GO Gators! Walk to UF and Walk Home and RELAX
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Effective communication, like an effective conversation, involves listening as well as talking. This really came home to me yesterday when I spent some time talking with a neighbor. We were all outside watching the kids play when I commented that it was nice to have so many children in the neighborhood so close in age, so they had someone to play with. The neighbor said that yes, it was lucky that the kids at all three door-to-door neighbors were close in age and got along well. And then I mentioned that it was also fun for the kids to be in a cul-de-sac where it was safe for them to ride their bikes and play catch in the street. The neighbor told me that it hadn’t been easy to find that perfect location. He said he “went through 4 agents” before finding one who would pay attention to his “want list” and show him the right houses. He said, “I told them I wanted a two story house on a cul-de-sac, but they kept taking me to see homes on busy streets – telling me how beautiful and well-appointed those homes were.” He related asking those agents what part of his two-item list they couldn’t understand, even after he repeatedly refused to get out and look at homes that didn’t fit. Finally he found someone who did listen and he purchased the house. This man had something specific in mind, and he had a good reason why he wanted it. He wanted his children to be safe. But the first 3 agents paid no attention and instead showed him the homes they wanted to sell instead of homes he might want to buy. Experienced real estate agents know that sometimes buyers choose a home that doesn’t really fit the description they’ve given of their perfect home. But they won’t buy a home that doesn’t fit when there’s a strong reason why they want what they want. Agents need to listen and pay attention to those reasons why. They need to take the time to ask questions and learn the buyer’s true motivation. And they need to learn to tell the difference between “must have” and “it would be nice to have.”
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Brand New Construction - 1 Block from UF • 1,080 sq. ft., 2 bath, 2 bdrm single story "2nd Floor Unit" - MLS®$180,000 - REDUCED - WON'T LAST LONG Campus View South, Campus View Condominiums - At Campus View South, you are as close to the University of Florida, Shands and downtown as possible without actually living on campus. This popular new development provides students and professionals alike with all the luxury and convenience you could ask for. Campus View stands out from the other condos because of its lush landscaping and appealing architectural details. It sets a new standard in luxury campus living. Ready for immediate occupancy. Property information
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WATERFRONT PROPERTY • 1,200 sq. ft., 2 bath, 2 bdrm single story - MLS®$1,400,000 - SHORT SALE Suwannee Cove Subdivision, Mayo - Enjoy the serene setting, located where the Suwannee River meets the Gulf of Mexico, this 2/2 plus office has a view of the water and is nestled in the quiet community of Suwannee. Amenities include community pool and assigned covered parking for vehicle and trailer. Property information
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COLLEGE PARK • 849 sq. ft., 2 bath, 2 bdrm single story - MLS®$219,500 - REDUCED St. Charles Place, Gainesville Property information
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COLLEGE PARK • 900 sq. ft., 2 bath, 2 bdrm single story - MLS®$229,900 - REDUCED College Park, Gainesville - Everything in upscale living. Granite counter tops, stainless steel appliances, ceramic tile and upgraded carpet. Great views and you can walk to the library, College of Business and the football stadium. Unit comes with an assigned, deeded parking space Property information
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