Monthly Archives: July 2011

Sinkhole insurance affects housing market

A friend asked me earlier this week if the proposal by Citizens Property Insurance to increase premiums for sinkhole coverage by more than 400% would affect the Hernando County housing market. If it wasn’t such a serious question — with such certain consequences — I might have laughed. It’s sort of like asking “If Congress doesn’t raise the debt ceiling so our government can pay its bills, will it affect our national economy?” The prevalence of sinkholes in this region of Florida has had an impact on the housing market for a decade. But the problem has escalated in recent years because of several reasons, including the burden that development places on Florida’s fragile geology, misguided legislation by state lawmakers, the Great Recession and fraudulent claims. Those factors have now converged to create a perfect storm that threatens to steer the Tampa Bay housing market, which was just beginning to … Continue reading

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Posted in Latest News | 1 Comment


First offers: Sellers can learn from buyers

Sellers can learn a lot from the first offer that is made on their home. Working with their listing agent, sellers should use that knowledge to their advantage and make any necessary adjustments sooner than later. We’ll separate the information you can gather into two categories: Presentation and Price. But before we explore those possibilities, it may be useful to restate some basic advice that we give home sellers before we plant a for-sale sign on their lawn, or place the first photo on the Hernando County MLS. Nothing is more crucial to selling your home than setting a realistic price. Set the price too high at the outset, and you automatically will eliminate potential buyers who either recognize that you are asking too much, or whose online searches don’t match your asking price. One of the biggest risks of pricing your home too high is that you will not … Continue reading

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Posted in Sell Right! | 1 Comment


Housing reports bode well for Hernando County

It may not be ready to dance a jig just yet, but the home-selling industry in the Tampa Bay region is on its feet and feeling the rhythm of the beat. News came earlier this week that for the first time in almost 5 years, the median selling price of a single-family home in the Tampa Bay region either rose or held its own for a six-month period. That is the first time that has happened since 2006. In addition — and this is equally encouraging — the median sale price of a single-family home in the five-county region of Hernando, Citrus, Hillsborough, Pasco and Pinellas counties increased 18 percent, from $107,500 in January to $127,000 in June. You can read more details in this link to a story in the St. Petersburg Times by staff writer Mark Puente, but my take on it is this: After several years of … Continue reading

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Posted in Latest News | Leave a comment


Must-have apps for home buyers & sellers

If everyone who said they understand today’s smart phone technology actually did, we’d have to rename it because it would no longer be smart — it would be average. The reality is that a few understand it completely, and a few don’t understand it at all. And then there is the majority, including me, who know just enough to seek out what we need and apply it to our everyday lives. My everyday life is real estate, so I thought it might be useful to put together a list of smart phone apps for our customers. Most of these suggestions are apps are for iPhones, but most also have comparable versions for other smart phones, including the Droid I use. Some are free and some carry a nominal fee, but they all are worth your investment. This list barely scratches the surface of what is available, but it is a … Continue reading

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Posted in Uncategorized | Leave a comment


Garages should be assets, not eyesores

Before you listed your home for sale, I’ll bet you spruced up every room. You boxed knickknacks and personal items. You scrubbed, cleaned and dusted. Maybe you even rearranged or replaced furniture, painted the walls or cleaned the carpet. But after you finished, what did you do with those boxes, half-empty paint cans, cleaning supplies and discarded furniture? If you are like most homeowners in Brooksville and Spring Hill, you hurriedly stashed them in your garage — right next to stacks of other items you use infrequently, if at all. Although our tendency to create “convenient clutter” is understandable, it can be a liability when you are trying to sell your home. The garage is a very important part of every house, and it also can be a great selling point. For buyers who are handy with tools, or have hobbies that include cars, boats, bicycles or motorcycles, the garage … Continue reading

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Posted in Moving Tips | Leave a comment