market analysis: The Life And Times Of A Kissimmee Florida Pool Home
- 07/08/11 03:21 AM
This cute little Kissimmee Florida pool home was built in 1990 and was sold for $99,900. At that time Poinciana Florida was a very rural planned unit development (PUD) in Kissimmee Florida and had a population of about 7,000 people. The folks that bought it sold it in 2000 to a buyer I was working with for $88,150. So in the first 10 years it actually lost close to 10% in value. From 2000 to 2006 Poinciana exploded with growth. The population increased 10 fold to close to 70,000 people!! In 2006 I sold this property again for $224,000!!! So … (13 comments)
market analysis: Tips To Help You Become Your Market's Expert.
- 05/10/11 01:51 PM
WORTH REPEATING Hi folks. Last year I did an interview with Tim and Julie Harris of the Harris Real Estate University. One of the listeners posed a question that has been on my mind ever since. The question was "How do you learn your market?". It caught me a little off gaurd. Not that I don't know the answer but that someone in our business had to ask the question. Knowing our market is what our job is all about. Knowing our market is why buyers and sellers need us. Knowing our market is what gives us confidence in our … (31 comments)
market analysis: Reviewing the Real Estate Crash of 2006. I Should've Seen it Coming.
- 08/06/10 09:40 AM
OK, so today, I want to analyze a post I wrote back in July of 2006. According to my reserach June of 2006 was the exact peak of the market in my area, Poinciana FL. In July 2006 property values started declining. Since then single family homes in Poinciana Florida have gone from a high value of $235,000 in June 2006 to $73,000 in August of 2010. That's a decline of 69%. That's actually good news since at one time we were down to $65,000. So values are on the upswing in Poinciana Florida. Here's my post from July 2006. … (51 comments)
market analysis: Are Homes at SoliVita in Poinciana Florida Selling?
- 07/23/10 09:33 AM
Hi folks. Let's talk a little bit about Real Estate market conditions in SoliVita. Recently I have spoken to several SoliVita homeowners and the first thing they mention is that NOTHING is selling in SoliVita. Well lets look at some facts. The figures below are based on the first half of each year.In 2006, at the peak of the market, there were 72 closing in the first half of the year. This year there were 91 sales! That's an increase of 20%. In fact that's the most resales in SoliVita for that time period EVER! So...properties are selling at a … (12 comments)
market analysis: Poinciana Florida Records the Highest Amount of Sales EVER in March!!
- 04/13/09 08:40 AM
How cool is that? Let's jump right in to my Poinciana Market Report for March 2009. *****This report will encompass Poinciana Florida zip codes 34758 and 34759 excluding Solivita, Lake Marion Shores and Cypress Woods. This data was pulled form the Mid-Florida Regional Multiple Listing Service on 3-13-09. Check it out. Inventory is DOWN to 812 properties. Thirty days ago there were 932 properties on the market. That's a decrease of 15%. Now here's the biggie. There were 152 closings in March 2009. That's the highest amount of resale closings in a month.....EVER! That's EVER as in "We have NEVER had … (12 comments)
market analysis: Seller Participation Market Analysis.
- 04/19/08 11:55 AM
Hi folks. I had a couple of listing appointments today and thought I would try a new approach. I decided to do the market analysis at the house in front of the potential Sellers. What I noticed was that the Sellers were much more receptive to what I was telling them about price. It's difficult to dispute hard cold data. What I did was...after we toured the property, and had our talk, I whipped out my laptop and logged into the MLS. Then I entered their property details and pulled up the Active listings. At my first appointment there were 569 listings … (78 comments)
This cute little Kissimmee Florida pool home was built in 1990 and was sold for $99,900. At that time Poinciana Florida was a very rural planned unit development (PUD) in Kissimmee Florida and had a population of about 7,000 people.
;)
;)
;)
