All entries on this blog, unless noted otherwise, is the copyrighted content (2009-present) of Daniel J. Hunter, REALTOR®, and is believed to be true and factual, but it is not guaranteed or warranted.
Hopefully you are already aware, but if not put on your seatbelt. Citizens is raising the premium for Sinkhole coverage by as much as 20x higher. One report has Pasco Counties sinkhole rates going from ~$1700 to almost $6000
I have never advised a client to drop any portion of insurance, but Citizens may drive more policies to not carry Sinkhole policies. You see Sinkhole policies cover damage from sinkhole activity. And yes there has been massive fraud, but instead of addressing that, they do this.
However a basic homeowners policy from citizens covers Catastrophic damage from Sinkholes. What does that mean to you?
If you home is damaged, you pay out of pocket if you do not have Sinkhole coverage. But if you let the damage grow over time, the house will eventually be unlivable. And your regular homeowners policy does cover catastrophic damage.
Citizens seems determined to make Sinkhole coverage unattainable for most people, meaning they will have to pay catastropic claims instead of fixing the problem, before it gets catastrophic. Backwards thinking in my opinion.
All information provided is deemed reliable but is not guaranteed and should be independently verified.
All entries on this blog, unless noted otherwise, is the copyrighted content (2009-present) of Daniel J. Hunter, REALTOR®, and is believed to be true and factual, but it is not guaranteed or warranted.
Houses for sale in River Ridge, New Port Richey, Fl
Less than four months inventory, not too bad. Actually pretty darn good for Home sales in Pasco County. Some would attribute this to the fact that River Ridge is highly sought after with buyers, especially families. River Ridge is the school district in New Port Richey that I have had the most requests.
Just like the whole market in our area 1/3 if homes are distressed in River Ridge, New Port Richey. And yet despite that they are closing at a higher ratio than the greater area. With one of the lowest inventory levels in Pasco County, based on months of inventory, I think this speaks volumes to the quality of owners in the community.
Average days on Market (DOM) for Homes For Sale in River Ridge is ~4 months. Yet when priced right you will see that the average DOM for homes under contract is 2 months or less. And the average days on market for Homes that sold in June 2010 in River Ridge New Port Richey was on the market for an average of 63 days. So if your house is languishing on the market, among other issues, you might want to revisit the list price
All entries on this blog, unless noted otherwise, is the copyrighted content (2009-present) of Daniel J. Hunter, REALTOR®, and is believed to be true and factual, but it is not guaranteed or warranted.
Homes for sale in New Port Richey with Market Report for July 2011
As you can see in the graph below, we are seeing a little bit of an uptick in prices (black line), however the overall trend is to the downside. This uptick is most likely a few extra highend homes sold. On top of that there is usually a surge as families relocate in summer before the new school year starts
All entries on this blog, unless noted otherwise, is the copyrighted content (2009-present) of Daniel J. Hunter, REALTOR®, and is believed to be true and factual, but it is not guaranteed or warranted.
Hopefully you are already aware, but if not put on your seatbelt. Citizens is raising the premium for Sinkhole coverage by as much as 20x higher. One report has Pasco Counties sinkhole rates going from ~$1700 to almost $6000
All entries on this blog, unless noted otherwise, is the copyrighted content (2009-present) of Daniel J. Hunter, REALTOR®, and is believed to be true and factual, but it is not guaranteed or warranted.
All entries on this blog, unless noted otherwise, is the copyrighted content (2009-present) of Daniel J. Hunter, REALTOR®, and is believed to be true and factual, but it is not guaranteed or warranted.
West Pasco, Florida Waterfront July 2011 Market Report and Homes For Sale
As usual, the waterfront market is moving slower than the rest of the market. Price and Insurance being the two biggest hindrances to that segment of the market. But it is moving, albeit slower than the rest of the county
read the full story at my Home on the Internet, which includes graphs and charts
All information provided is deemed reliable but is not guaranteed and should be independently verified.
All entries on this blog, unless noted otherwise, is the copyrighted content (2009-present) of Daniel J. Hunter, REALTOR®, and is believed to be true and factual, but it is not guaranteed or warranted.
disregard my babbling and jump the actual content below. Just helping to spread the word about a community member, just to make sure everyone knows 25 words yet? apparently not because it was rejected by the new Overlords
Many of you have seen Donna's picture, read her blog, and even been regular commenters on her posts. Her husband, Rich, told me today there have been many emails sent to Donna from her friends at AR asking where she was and was she okay because she hasn't been blogging. So, with his permission, I'm writing a brief post to let you know how concerned we are all about her health right now. And to ask for your prayers.
Donna wasn't feeling well early last week, she thought she might have eaten something that caused food poisoning. Just a little over a day and a half later, she needed to be rushed to the hospital, had undergone two surgeries, and as of today, a week ago now, she still has not regained consciousness long enough for the doctors to feel it's safe to remove her air tube. Her white blood cell count today was so elevated that it is obvious the removal of approximately 75% of her small intestine did not rid her body of all the infection. The last I heard the doctors were weighing the pros and cons of yet another surgery.
Please take a moment to mention Donna in your prayers if you would.
Opinions expressed here are the sole responsibility of the author, and do not necessarily reflect the view of Starkey Mortgage.
All entries on this blog, unless noted otherwise, is the copyrighted content (2009-present) of Daniel J. Hunter, REALTOR®, and is believed to be true and factual, but it is not guaranteed or warranted.
A native of Philadelphis, Mr. Nocco was a Major with the Pasco County Sheriffs when Sheriff Bob White announced he was stepping down. Sheriff Nocco will finish out the remainder of Sheriff Whites current term which ends in 2012. I would like to congratulate Sheriff Nocco and wish him the best going forward.
All information provided is deemed reliable but is not guaranteed and should be independently verified.
All entries on this blog, unless noted otherwise, is the copyrighted content (2009-present) of Daniel J. Hunter, REALTOR®, and is believed to be true and factual, but it is not guaranteed or warranted.
That is right folks, this year the Majority of Tampa is being bought up by People with Cash. This was the front page of the St. Pete Times Real Estate Section.
In Hillsborough County 50.1% of properties went to Cash Buyers
avg price - $140,360
In Pasco County 58.77% of properties went to Cash Buyers
avg price - $132,000
In Pinellas County that number struck 65%
avg price - $165,700
Keep in mind, nationally cash buyers account for only ~35% of solds. Another consideration is that these numbers are from Snow Bird season. Snowbirds rent a season or more, while getting to know the area, and than buy before the end of the season, so they have a place set up for next season. As they are closer to, or in retirement, they are not looking to take on more debt, so they tend to pay cash.
Of note in the report was that there are more than 2,500 homes priced under $50,000 for sale
Some are speculating that the bottom has arrived. Personally, prices can not go much lower. Some houses have sold for around $10,000 (yeah they need work.) New construction is available for under $100 per square foot. So if you are thinking about purchasing, you might want to pull the trigger now
I say that because if you wait, not only could you miss the bottom, but interest rates CAN NOT stay this low for very much longer. The result of waiting for a cheaper house, could be way more offset by a higher interest rate.
Original source for the statistics posted are located at the St Pete Times
All information provided is deemed reliable but is not guaranteed and should be independently verified.
All entries on this blog, unless noted otherwise, is the copyrighted content (2009-present) of Daniel J. Hunter, REALTOR®, and is believed to be true and factual, but it is not guaranteed or warranted.
courtsey of: real estate mash
All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
Many of you have seen 
Ruth Vogt, Branch Manager
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