New Port Richey, Florida Real Estate Market Report for January 2010

First picture below is the Comparative Market Analysis for ALL Sold waterfront Gulf Access homes in New Port Richey.  Only 4 sold, but they did so in a respectable amount of time, and for ~90% of List Price.  So if a house is priced right, as you can see, it moves within ~3 months.

Next we have the general breakdown of the New Port Richey Single Family Real Estate Market graph.  Here we see that New Port Richey has 11 months of Houses on the market, which isn't too bad considering there has been a spike in inventory in most areas of the state.  The disparity between the # of houses under contract compared to how many actually close will be more clearly defined in the last graph.

New Port Richey, Florida Housing Market Snapshot

This is pretty typical of most markets these days.  Distressed properties take much longer to close typically, compared to a traditional sale.  Distressed homes account for less than 1/3 of the Homes For Sale Market.  However when you move up the chart below to the Houses under contract you will see the  Distressed Properties are ~60% of the market.  But than when we look at what has sold the ratios revert back.  Only about 1/3rd of the houses that Sold were Distressed.

New Port Richey, Florida Distressed Real Estate Market Snapshot

I am just a Local REALTOR®

The information I have provided above was generated from my Local MLS.  It is believed to be accurate but is neither guaranteed nor warranted.

Blog Disclosure

Do not hesitate to contact me for any of your West Pasco County Real Estate needs.  I am happy to offer advice No Strings Attached.

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Federal Tax Credit ends if you are not Under Contract before the Clock below Expires

Created by OnePlusYou

 

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 I appreciate you sharing my blog, but if you want to share this specific blog entry, you need to scroll up and click on the Title of the blog entry, and than use the AddThis button, otherwise you are sharing my ENTIRE blog

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 information should be independently verified.

Daniel J. Hunter, If I Can, I Will, Just Ask (New Port Richey, FL Realtor with Fruits Real Estate): Real Estate Agent in New Port Richey, FL

 

 

Great one Clint.  Please go to clints page to comment on the OP

 

Via Clint Miller (Real Estate Client Referrals, LLC (RECR)):

Let me start of by saying that this is satire. And this should be read with that idea in mind. It is intended to be humorous. Nothing more. Ok?

As long as we understand one another, you can keep reading...

If not, please push ALT + F4 now. :-)


Common Man's Dictionary to Real Estate Advertising

1 car garage: Sure, you can drive your Ford Escort into the garage but there is no room to open the door.

Advertisement: A tool used by business to get money out of people that don't have it for something that they don't really need.

And much, much more: Truthfully, nothing else comes to mind. But, we can't tell you that.

Auditor: Person that arrives after battle to finish off the wounded.

Bank: Loan shark.

Beachfront property: No hurricane insurance available at any price.

Bedroom in basement: The basement has a 1' by 2' window you might be able to squeeze yourself through as an alternative to burning to death in a structure fire.

Bright and sunny: No window treatments or venetian blinds are included because previous owners simply nailed Pikachu blankets to the window frames.

BRILLIANT CONCEPT: Do you really need a two-story live oak tree in your 30-foot stained-glass sky dome?

Broker: What buying a house is going to make you.

Budget
: Written proof that you can't afford the things you want.

Build sweat equity: The house is not habitable currently and unless you plan on working your hind end off to make it livable, it would be easier to bulldoze this place and live in a tent.

Cape Cod: Stylized after a 74 yr old lobster fisherman's garage.

Cash Flow: The movement your money makes as it disappears down the toilet.

Cathedral Ceiling: You will go broke trying to heat this place. It would be easier to set fire to the couch.

Charming: Small. See also, "Tiny". Snow White might fit, but five of the dwarfs would have to find their own place. See also "Cute," "Enchanting," and "Good Starter Home."

Close to all amenities
: The backyard is a shopping mall parking lot.

Close to Schools:
You will spend a generous portion of your morning and evening commute stuck behind buses in just about every street you attempt to take to avoid them.

Comfortable: One coat closet larger than the "Charming" home.

Commuter's Dream: Located at the bottom of an off-ramp right beside a truck stop.

Completely Remodeled: Not only does this statement give the company attorney a stroke, it also usually means new kitchen counter tops and a vanity sink in the bathroom.

Complete remodeling in 1992: Hurricane Andrew...'nuff said.

COMPLETELY UPDATED: At the advise of the listing agent, the seller has decided to remove the metallic gold shag carpeting from the living room and replaced the avocado colored stove.

Contemporary: The house is at least 15 years old.

Country living: Too far from anywhere to drive to work...or to shop...or get to an emergency room in time to prevent bleeding out from a paper cut.

Country in the city: A grotesquely overpriced large lot with a 2 bedroom house built before World War I that used to be on 100 acres that have been split off and sold to a Home Depot and a car dealership. Yes, there is a Starbucks in the parking lot.

Cozy: Not a single room could fit a full sized bed. And, the toilet doubles as a kitchen counter when you close the lid.

DARING DESIGN: It's a warehouse.

Desirable neighborhood
: This "charming" house is extravagantly overpriced thanks to being located next to a neighborhood where the snobs live.

Doll-house: Tiny place filled with ugly knick-knacks.

Easy Care Yard: Acres of Red or White rock used to systematically cover actual useful space.

Easy freeway access: Located right on the noisiest arterial street closest to the freeway.

Easy to heat: See “cozy”.

Efficiently designed kitchen: The kitchen is too small to fit two people at the same time and everything you need to reach is simply done so by turning around. The down side is that in order to open the stove, you have to step into the living room.

Everything's Been Updated
: Sure, they updated all the things inside the house...but the house itself has been condemned.

Executive neighborhood: Everyone's last name in this area is Jones. And yes...you are required to keep up with them.

Extra Storage: Four coat hooks nailed on the back of the front door.

Gated Community: There is a reason it is gated...Every seen 'District 9'???

Great Starter Home: House has 4 rooms. Two of which are additions.

Handyman Special: Forget It! You don't have the skill required to make this home livable.

HI-TECH/CONTEMPORARY
: Lots of steel shelving with little holes. You know...the kind your dad used to store tools on in the basement. There is also a lot of glass in places most people wouldn't put it.

Wont last long!
: This home hasnt sold in 374 days after two price reductions and the sellers have finally given up hope on making any money on this sale so they dropped the price another $20K.

Immaculate: Remove your shoes. Chances are the carpet is white along with the walls, furniture, cabinets, appliances, and the family pet.

In-city living: The house comes with a deadbolt lock on all windows, a bar across the door capable of stopping a battering ram...and a moat. Being outside in this neighborhood after dark will probably require an armed escort.

Institutional Investor
: A active housing investor from 2006 who is now locked up in a mental institute.

Just available: The previous owner just died on the premises. That is the only way anyone would want to sell a home in this market unless they are trying to save a foreclosure. Hope you don’t believe in ghosts.

Large family room: The basement can hold a couch and a chair...which is more than can be said for the living room. Just try to keep the kids from eating the exposed insulation.

Lots of storage space: The basement is too small to be called a family room.

Low maintenance lot
: No yard. The kids will have to play in the street. Or, maybe in the shopping mall parking lot.

Luxury Living: It has a Jacuzzi tub. It's leaning against the wall of the garage. But, at least it has one.

Market Correction
: The day after you buy a house.

MUCH POTENTIAL
: Steer clear unless you have a lot of money and actually believe your blind dates really did have nice personalities. See "Ready to Rehab," and "Fixer Upper."

Must see inside
: Yeah...that's cause the outside is ugly.

MUST SEE TO BELIEVE
: An absolutely accurate statement. It is hard to drive that kind of pain home through the eye without actually using a sharp instrument and a forceful thrust.

Market Correction: The term your broker/agent uses for a market crash while telling you that your house is worth 37% of what you paid for it.

Meticulously maintained in the original condition: The avocado-colored appliances are 50 years old. Minimum.

Modern: It doesn't have a dirt floor and it is insulated with something other than beaver pelts and flour sacks.

Motivated sellers: Subtract 15% from the asking price and see if they counter.

Natural setting: Forget about planting anything because the deer will eat everything in your yard but the sagebrush and knapweed.

Near transportation: an Amtrak train goes through the backyard roughly every 15 minutes, day and night.

Neighborhood Watch
: Your next door neighbor has binoculars trained on your house. Your movements are tracked and reported to the police any time you have company.

Newly remodeled kitchen: The 50-year old cabinetry and faucets have been replaced with cheap modern equivalents.

Nice Condition: Apparently "nice" means different things to different people. See also: "Lipstick on a pig".

Nighttime Security: The street lights located on all corners of the home completely eliminate darkness 24 hours a day. Sleep is impossible.

No need to preview: Yeah, because if you did, you wouldn't show it!

Old charmer
: Herbert from Family Guy lives next door.

ONE-OF-A-KIND: Ugly as sin. The neighbors hope the place burns down so their property value goes up.

Park-like setting: There is a tree located somewhere on this block.

Partial mountain view: You can see the tip of (insert name of local mountain) if you climb the roof and stand on a chair.

Pet friendly neighborhood: Various forms of organic matter are constantly deposited in your front lawn despite the fact that you don't own any pets.

Plenty of Parking
: The stadium across the street has ACRES of parking spaces available.

Practicing Water Conservation: Yeah, the lawn is died. No one watered it. Ever. (Thank you Steve and Heather Ostrom!)

Prestigious: Expensive. Probably not worth it, either.

Prime Location: We have already had better offers from more qualified people than you...don't ask.

Quaint: Buy a wall paper steamer so you can get that crap off the wall without having to gut the entire place.

Ready to move in: The interior has been painted with one coat of cheap paint and the shag carpeting has been raked and shampooed.

Ready to remodel: This place is about to collapse; you will have to invest twice the asking price in remodel before you can move in. Seen the movie "The Money Pit"??

Recreation room with wet bar
: Basement has been sheet-rocked, painted and has a faucet.

Reduced To Move: See also: "Walmart Rollback"

Rent With Option to Buy: We know you wont be able to qualify for crap...But, if you can make steady payments, it works for us.

Safe Neighborhood
: Regardless of your attempts at privacy, your neighbors will continue to attempt to peer through the slits in your Venetian blinds. See also: "Neighborhood Watch"

Seasonal creek: There is a 4 foot wide, 6 inch deep muddy ditch that runs across the property...And it only fills up after a good rain or during spring thaw.

Secluded setting: The only thing further away from civilization is a polar ice cap. Grizzly Adams once lived here.

Show and Sell: In other words, the listing agent will be doing no marketing and the stubborn seller doesn't want it staged.

Shows Well: The seller actually cleans the place up before you bring your buyers over.

Sophisticated: Plain. White walls with zebra print rug and furnishings. A large piece of abstract art is in the dining room and a canvas the size of a Chevy hangs on the wall covered in what appears to be pantyhose, tin foil, and computer diskettes.

Spacious: We knocked out a wall and expanded the living room into the garage.

Sprawling ranch: Inefficient floor plan that appears to have been designed by a drunk monkey.

Storybook: This house is old and the roof is not flat. See also: "Little House On The Prairie"

Stunning house: The house is not ugly...the interior, on the other hand...

Sunny corner lot
: There are no trees anywhere near this property located on the corner of the two busiest streets in town.

Sunken Tub
: The tub isn't sunken...it fell through the floor. The remaining structure is only capable of holding water or a body. Not both.

Territorial view
: Great view of your neighbor’s bedroom window and "private" hot tub with the glass roof. If you lean hard against the glass and look hard to the left, you can see a broken down Pontiac in the alley.

Three season sun room: Putting screen up around your front porch does not make it a "sun room".

TLC: Tear down, Level and Condemn!! (This after a Realtor told me her country property needed just a little TLC...Upon visiting, I promptly fell through the front porch up to my knees!)

Townhouse: A 3 story walk-up on the north side that is sandwiched between two others that look exactly the same. Not only can you hear your neighbors fight, but you hear when they play music, watch TV, use the bathroom, or blink.

Tudor: A quaint two bedroom where both bedrooms are now in the attic which is not insulated.

UNIQUE CITY HOME
: Used to be a warehouse.

UPPER BRACKET: No, this doesn't include you. See also: "Executive Neighborhood" and "Prestigious"

Usable land: Vacant lot. Probably filled with broken glass, nails, large rocks, bicycle parts, and Jimmy Hoffa.

Victorian Sweetheart
: Once you steam off the wallpaper, you will need to strip off 14 layers of lead-based paint.

Walking distance to (insert noun here): There is nowhere to park your car within 20 minutes of this house.

Well Below Market: We keep having to reduce the price on this shanty because nobody wants it.

Will Help Finance: Soooo....the owners know they're asking too much. And, taking that into consideration, they are more than willing to "help" you get into this house that you can not qualify on your own.

YOU'LL LOVE IT: No. No, you wont.

 

Feel free to add your own in the comments!!! Id love to see them!!

 

Follow Clint on Twitter and make sure you go to the RECR fanpage and become a fan!! If you have any questions about RECR, please call Clint at 800-977-7058.

Do not hesitate to contact me for any of your West Pasco County Real Estate needs.  I am happy to offer advice No Strings Attached.

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Federal Tax Credit ends if you are not Under Contract before the Clock below Expires

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 I appreciate you sharing my blog, but if you want to share this specific blog entry, you need to scroll up and click on the Title of the blog entry, and than use the AddThis button, otherwise you are sharing my ENTIRE blog

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 information should be independently verified.

Daniel J. Hunter, If I Can, I Will, Just Ask (New Port Richey, FL Realtor with Fruits Real Estate): Real Estate Agent in New Port Richey, FL

 

Welcome to Sunsets at Green Key, New Port Richey, FL.

Those who have read me regularly know that I have recently had to change from Hudson Beach for my sunset photographs to Green Key in New Port Richey.  Reason being that the Sunset has fallen behind the Sea Ranch Subdivision.  As a result I have moved to Green Key in New Port Richey.

More important than that, I recently did an annual market report for New Port Richey, West Pasco County, FL and I was shocked to find out that 1 out of every 3 Real Estate Transactions in West Pasco occurred in New Port Richey. Now I knew New Port Richey was large compared to the other towns in my service area, but I had not thought it was the epicenter.  As a result, I have changed my target market from Hudson, where My office is, to New Port Richey as that is where the business is.  Nothing personal, it's just business.  Smart Business!

Now the Sunsets

Green Key sunset

Green Key Sunset New Port Richey, FL

Green Key Sunset New Port Richey, FL

Green Key Sunset New Port Richey, FL

Green Key Sunset New Port Richey, FL

Blog Disclosure

Do not hesitate to contact me for any of your West Pasco County Real Estate needs.  I am happy to offer advice No Strings Attached.

≈ ≈ ≈ ≈ ≈ ≈ ≈ ≈ ≈ ≈ ≈ ≈ ≈ ≈ ≈ ≈ ≈ ≈ ≈ ≈ ≈ ≈ ≈ ≈

Federal Tax Credit ends if you are not Under Contract before the Clock below Expires

Created by OnePlusYou

 

Bookmark and Share

 I appreciate you sharing my blog, but if you want to share this specific blog entry, you need to scroll up and click on the Title of the blog entry, and than use the AddThis button, otherwise you are sharing my ENTIRE blog

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 information should be independently verified.

Daniel J. Hunter, If I Can, I Will, Just Ask (New Port Richey, FL Realtor with Fruits Real Estate): Real Estate Agent in New Port Richey, FL

 

New Port Richey, Florida Real Estate Annual Market Report 2009

Unlike most other reports I blog, these Statistics include ALL Residential Property Sales:

Single Family Homes, Townhomes, Condos & Mobile Homes.

Here are the numbers from 2008 for comparison to 2009 which are in the 2nd graphic.  First thing that jumps out at me is that the Average Sold Price to List Price (SP/LP) ratio was 93% in New Port Richey just like Hudson, Port Richey & West Pasco County as well.

Next thing that gets my attention was a Sale for $10.87/SqFt.  LOL.  That is some real bargain basement shopping.  Usually the land alone is worth more than that.  What  a steal.

Number of Sold listings is rather telling too.  Twice as many homes sold in New Port Richey than in either  Hudson & Port Richey &  New Port Richey accounts for ~1/3rd of homes sold in West Pasco County

New Port Richey 08 Market Report

Well compared to 2008, 2009 has doubled its Lowest Sold price, which is not hard to do when you go from $6,000 to $12,000.   But the lowest SP/SqFt is still under $11/SqFt.

IN 2009 we saw an increase  of ~16.6% increase in units Sold, as well as ~16% decline in the average List Price to $132,029, but more importantly the average Sold Price is down ~17% to $121,854.  Prices in New Port Richey Real Estate are looking very attractive.

New Port Richey 2009 report

Surprisingly though the Days On Market (DOM) increased by ~9% from 93 days to 101.  Overall, between the bargain basement Prices, Tax Credit & a growing sense that the economy is going to recover, are making for a more positive outlook going forward.

 

Blog entry Disclosure

Do not hesitate to contact me for any of your West Pasco County Real Estate needs.  I am happy to offer advice No Strings Attached.

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Federal Tax Credit ends if you are not Under Contract before the Clock below Expires

Created by OnePlusYou

 

Bookmark and Share

 I appreciate you sharing my blog, but if you want to share this specific blog entry, you need to scroll up and click on the Title of the blog entry, and than use the AddThis button, otherwise you are sharing my ENTIRE blog

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 information should be independently verified.

Daniel J. Hunter, If I Can, I Will, Just Ask (New Port Richey, FL Realtor with Fruits Real Estate): Real Estate Agent in New Port Richey, FL

 

Port Richey, Florida Annual Real Estate Market Report 2009

Well First thing that grabbed my attention was that once again the Sold Price to List Price ratio (SP/LP) is 93% again.  Another thing you will notice is how low the average list price and sale price is.  This has the most to do with the fact that Port Richey have Very Little Waterfront Gulf Access properties to perk up the housing prices. On top of that, most of the properties are actually just in Pasco County as opposed to in Port Richey.  The town of Port Richey is for the most part the commercial area's on US-19 & Ridge Road.

Port Richey Market Report 2008

I think you will be very surprised to see the dramatic drop in prices year over year.

In 2008 the average List Price was $96,000 but that dropped to $75,000 in 2009 (a 21% drop)

Whereas average Sold Prices dropped from $89,522 in 2008 to $69,914 in 2009 (a 22% drop)

Port Richey Market Report 2009

The Big Picture turn around as far as Port Richey Florida is concerned is the 14% increase in sales from 2008 to 2009.  So unlike Hudson Florida's Annual Market Report,

blog disclosure

Do not hesitate to contact me for any of your West Pasco County Real Estate needs.  I am happy to offer advice No Strings Attached.

≈ ≈ ≈ ≈ ≈ ≈ ≈ ≈ ≈ ≈ ≈ ≈ ≈ ≈ ≈ ≈ ≈ ≈ ≈ ≈ ≈ ≈ ≈ ≈

Federal Tax Credit ends if you are not Under Contract before the Clock below Expires

Created by OnePlusYou

 

Bookmark and Share

 I appreciate you sharing my blog, but if you want to share this specific blog entry, you need to scroll up and click on the Title of the blog entry, and than use the AddThis button, otherwise you are sharing my ENTIRE blog

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 information should be independently verified.

Daniel J. Hunter, If I Can, I Will, Just Ask (New Port Richey, FL Realtor with Fruits Real Estate): Real Estate Agent in New Port Richey, FL

 

Hudson, Florida Annual Real Estate Market Report 2009 vs 2008

This Market Report includes ALL Residential Properties that Sold in 2008 & 2009 including:

Single Family Detached Homes, Townhomes, Condo's & Mobile/Manufactured Homes

Things looked much better in my West Pasco 2009 Annual Market Report than it does for Hudson.  Which is due mostly to the fact that Hudson is the farthest point in the county from the Jobs, specifically Tampa/Clearwater/St. Pete.  As a result the Market is under more duress the farther you are from the hub of the Metropolitan Statistical Area and the jobs

Hudson, Florida Annual Market Report

What you should notice right off the bat, is that Sales are prtty much FLAT.  608 in 2008 vs 611 in 2009  which is a net 0.5% increase in Solds.   In other words the difference in Volume of Solds is negligible year over year.  However, what is good, and not shown in the Sold numbers is that The Inventory Levels have dropped dramatically.  

As is to be expected in this market in the State of Florida

The Average List Price Dropped from $140k in 2008 to  $121k in 2009 (a 14% Decline)

The Average Sold Price Dropped from $130k in 2008 to $111k in 2009 (a 15% Decline)

The Average List Price per Square Foot (LP/SqFt) dropped from $91 in 2008 to $77 in 2009 (a 15% Decline)

The Average Sold Price per Square Foot (SP/SqFt) went from $84 in 2008 to $71 in 2009 (a 15% Decline

On Average houses are actually staying on the market longer in 2009 than they did in 2008. (a 22% Increase)

Hudson, Florida Annual Market Report

Surprisingly the Average Sold Price to List Price ratio (SP/LP) remains at 92%.

blog disclosure

Do not hesitate to contact me for any of your West Pasco County Real Estate needs.  I am happy to offer advice No Strings Attached.

≈ ≈ ≈ ≈ ≈ ≈ ≈ ≈ ≈ ≈ ≈ ≈ ≈ ≈ ≈ ≈ ≈ ≈ ≈ ≈ ≈ ≈ ≈ ≈

Federal Tax Credit ends if you are not Under Contract before the Clock below Expires

Created by OnePlusYou

 

Bookmark and Share

 I appreciate you sharing my blog, but if you want to share this specific blog entry, you need to scroll up and click on the Title of the blog entry, and than use the AddThis button, otherwise you are sharing my ENTIRE blog

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 information should be independently verified.

Daniel J. Hunter, If I Can, I Will, Just Ask (New Port Richey, FL Realtor with Fruits Real Estate): Real Estate Agent in New Port Richey, FL

 

Florida Realtors® offer High School Students a $6,000 Scholarship for College in annual competition

Deadline for Entry is February 08, 2010

So what must a High School Senior do in order to get up to a $6,000 Scholarship?

Students must write a typed, double-spaced essay, 500 words or less, on the topic:

“How Does a Realtor® Professional Benefit the Community?”

 

It is not long, it is not that hard.  You can write about just about any area of Real Estate including, but not limited too: 

 

  1. Residential Brokerage
  2. Commercial Brokerage
  3. Industrial Brokerage
  4. Office Brokerage
  5. Farm & Land Brokerage
  6. Real Estate Appraising
  7. Property managment
  8. Land Development
  9. Real Estate Counseling
And so much more

Entries must be Postmarked by February 08, 2010

For more information CLICK HERE
Post Disclosure

 

Do not hesitate to contact me for any of your West Pasco County Real Estate needs.  I am happy to offer advice No Strings Attached.

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Federal Tax Credit ends if you are not Under Contract before the Clock below Expires

Created by OnePlusYou

 

Bookmark and Share

 I appreciate you sharing my blog, but if you want to share this specific blog entry, you need to scroll up and click on the Title of the blog entry, and than use the AddThis button, otherwise you are sharing my ENTIRE blog

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 information should be independently verified.

Daniel J. Hunter, If I Can, I Will, Just Ask (New Port Richey, FL Realtor with Fruits Real Estate): Real Estate Agent in New Port Richey, FL

 

West Pasco County, Florida 08 vs. 09 comparison

Unlike most other reports I blog, these Statistics include ALL Residential Property Sales:

Single Family Homes, Townhomes, Condos & Mobile Homes.

 

in 2008 there were 3509 Closed deals in West Pasco in the following ranges

West Pasco County annual market report for 2008

now first issue with this is the -72 days on market for a low.  So a home sold 72 days before it was listed in MLS?  I do not think so.  It is not the only glitch, but I will look into it and try to get clarification.

So I reached out to the MLS and the negative days on market has to do with agents adding listings into MLS that they sold off the MLS.  The data is entered for statistical purposes, but it screws up comps in my opinion.

 And a spread of $6,000 to $1,625,000 makes for quite a range of possibilities in "The Nudist Capital of the World"

 

Meanwhile in 2009 while prices continued their decline, volume did pick up to the tune of 4000+ homes sold

West Pasco County annual market report for 2009

Are you like me and thinking an 893% Sold Price to List Price ratio seems a bit absurd, even in this crazy market.  So I will have to look into this statistic as well.  It could be an auction priced ridiculously low that closed at a Fair market value, but we will see.

This discrepancy in Days On Market, it appears, is due to a few extra zero's on a sold price.  I emailed the listing agent, but so far, no change.

 

The Best news is that there was an increase in the Number of Solds, to the tune of ~15% year over year, in West Pasco County, Florida.   Obviously this is a good sign for the overall market.  I would attribute some of the growth to the First Time Home Buyers Tax Credit, but more importantly, the incredible values currently available.

Another reason is the 18% decline in the Average Sold Price per Square Foot ($SP/SqFt) from $84/SqFt in 2008 down to $69/SqFt in 2009.  Surprisingly though the Average Sold Price to List Price Ratio (SP/LP) remained constant at 93% of List Price.  Only issue with that is the 893% High is skewing the average a bit.

 

Blog Disclosure

Do not hesitate to contact me for any of your West Pasco County Real Estate needs.  I am happy to offer advice No Strings Attached.

≈ ≈ ≈ ≈ ≈ ≈ ≈ ≈ ≈ ≈ ≈ ≈ ≈ ≈ ≈ ≈ ≈ ≈ ≈ ≈ ≈ ≈ ≈ ≈

Federal Tax Credit ends if you are not Under Contract before the Clock below Expires

Created by OnePlusYou

 

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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 information should be independently verified.

Daniel J. Hunter, If I Can, I Will, Just Ask (New Port Richey, FL Realtor with Fruits Real Estate): Real Estate Agent in New Port Richey, FL

 

ScoobyRoo

 

I never saw a wild thing sorry for itself.
A small bird will drop frozen dead from a bough
without ever having felt sorry for itself.

~ D. H Lawrence

Scooby Roo came to my attention on Twitter, and I followed the link provided by @Alyssa_Milano.   I find him to be very inspirational, as the above D. H. Lawrence Poem expresses.  Some will never know what they are truly capable of accomplishing because they are too busy feeling sorry for themselves.  

ScoobyRoo with Alyssa Milano

How couldn't you fall in love with that face.  Applies to both in the picture, but this post is about Scooby Roo

scoobyRoo with Alyssa Milano

Could life get any better than that?  A glorious day on a beautiful yard, with an attentive human loving an adorable animal.  Well if the poem were not true, this would not be happening.

 

I never saw a wild thing sorry for itself.
A small bird will drop frozen dead from a bough
without ever having felt sorry for itself.

~ D. H Lawrence

Why you may ask, is this poem appropriate for Scooby Roo?  The following picture and video explains it all

 

Never Feel sorry for Yourself

As the video will explain Scooby Roo was born without his front legs, and 'thrown away' as a result in a gang infested area of L.A.  Thankfully he was rescued so he can now inspire millions.  Get taken in by Scooby Roo in the following Videos

 

 

 

never feel sorry for yourself

Pictures courtesy of Alyssa Milano's TwitPic Account

Do not hesitate to contact me for any of your West Pasco County Real Estate needs.  I am happy to offer advice No Strings Attached.

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Federal Tax Credit ends if you are not Under Contract before the Clock below Expires

Created by OnePlusYou

 

Bookmark and Share

 I appreciate you sharing my blog, but if you want to share this specific blog entry, you need to scroll up and click on the Title of the blog entry, and than use the AddThis button, otherwise you are sharing my ENTIRE blog

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 information should be independently verified.

Daniel J. Hunter, If I Can, I Will, Just Ask (New Port Richey, FL Realtor with Fruits Real Estate): Real Estate Agent in New Port Richey, FL

 

Nora Hernandez-Huapilla - - Dead because she wanted to get to school


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Such a tragedy no parent should have to endure.  Nora was on her way to her regular bus-stop.  

So she was 17 years old, and she should have known better, and been more careful, than to cross against the green.  But what ever happened to cherishing & protecting our most valuable, our future, the children?  I got picked up for High School by a bus on a four lane road while in High School.  I walked up my street, with my neighbor to the intersection with a main town road.  But the bus stopped on my side of the road, on the way back instead of when they first came by, and I did not have to cross any lanes, unlike Nora Hernandez-Huapilla.

Nora Hernandez-Huapilla is dead, in part, because according to a previous complaint, the Bus driver was not waiting for students approaching the bus-stop when the bus was there.  Nora was excited to deliver the Christmas Cards she had written to her friends.  Unfortunately between her, and her bus stop, was a 6 lane road.

 

So what did the Pinellas School District Superintendent Julie Janssen have to say about it????

"You know those are decisions that parents make when they choose to allow their children to go to a school that's not their zoned school. The information was given at the beginning that we would provide arterial transportation, and it was a requirement for the parents to get the children to those stops. And it's a choice that a family makes to have a child stay at a school that's different than the assigned school."

http://www.tampabay.com/news/education/k12/family-of-girl-killed-while-trying-to-get-to-the-bus-stop-had-complained/1059903

I am sorry, but where I grew up, you do not die because you wanted to go to a better school.

A child should not die because she was worried about missing a bus.

A child should not die because a 6 lane highway is between her and her education/friends.

And lastly, A child's safety should be the Most Important Issue.  Only a safe child can attend school to learn and grow.  This was a failure on many levels.  And unfortunately all one can hope for is that everybody learns from the situation and changes are made so that this never happens again.

Now before you make a remark about how Nora Hernandez-Huapilla was 17, let me tell you about where I went to college.  ERAU is in Daytona Beach, and I was surprised that in one of my Engineering courses they gave a project to every class to estimate the costs/benefits of building a pedestrian bridge across Clyde Morris Blvd to a satellite campus.  It too was a 6 lane road, but the administration saw the danger.  It took a few years, but eventually a Pedestrian overpass was built.  So I ask you, if a pedestrian overpass is needed for College level students, why would we require our High School Students to cross a 6 lane road, imperiling their life.  

I have no idea how one is to deal with this as a parent. I can not even begin to think how dark this holiday season, and future ones, will be due to this When I was a courier in NYC I found it unbelievable that in the worst parts of the city patrol cars followed children home from all schools north south east and west. I could not believe that children needed police escorts to get to and from school. Now all I can think is where was the support protecting our most valuable investment???

Do not hesitate to contact me for any of your West Pasco County Real Estate needs.  I am happy to offer advice No Strings Attached.

≈ ≈ ≈ ≈ ≈ ≈ ≈ ≈ ≈ ≈ ≈ ≈ ≈ ≈ ≈ ≈ ≈ ≈ ≈ ≈ ≈ ≈ ≈ ≈

Federal Tax Credit ends if you are not Under Contract before the Clock below Expires

Created by OnePlusYou

 

Bookmark and Share

 I appreciate you sharing my blog, but if you want to share this specific blog entry, you need to scroll up and click on the Title of the blog entry, and than use the AddThis button, otherwise you are sharing my ENTIRE blog

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 information should be independently verified.

Daniel J. Hunter, If I Can, I Will, Just Ask (New Port Richey, FL Realtor with Fruits Real Estate): Real Estate Agent in New Port Richey, FL

 
 
Dans_headshot_2006_copy Rainmaker_large

Daniel J. Hunter, If I Can, I Will, Just Ask

New Port Richey, FL

More about me…

New Port Richey, FL Realtor with Fruits Real Estate

Address: Hudson, Port Richey, New Port Richey, Holiday, Trinity, Spring Hill, Hernando Beach in FL

Office Phone: (727) 938-1700

Cell Phone: (727) 237-1124

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