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Homeownership Hits Lowest Mark in a Decade according to US Census Data

02-10-10
Paige Rausch
Paige Rausch: Commercial Real Estate Agent in Fort Myers, FL
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According to data released by the Census Bureau last week, the homeownership rate fell to 67.2 percent 

            
at the end of last year, which equates to a 10 year low. The largest decline was in the South (down 0.7 points).

            
As a side note, the Census Bureau also reported that the percentage of vacant homes in the U.S. rose from 

            
2.6 percent in the third quarter of last year to 2.7 percent in the fourth, which equates to 2.09 million homes 

            
sitting empty and available for sale at the end of last year, up from 1.99 million three months earlier, the 

            
agency said. The 2.09 million empty homes includes both listed properties and those that banks have 

            
repossessed and have not yet listed. 

            
Comments welcome....I'm curious what the professionals attribute these trends to.

            			
            			
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SONOMA AT VIERA MARKET UPDATE

            			
            			
02-10-10
Steve Vitani -Realtor Viera Suntree Rockledge Melbourne

            			
            			
            

            	

            		Steve Vitani -Realtor Viera Suntree Rockledge Melbourne: Real Estate Agent in Viera, FL
            		
            			
    
            			
            			
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There have been 14 properties sold in Sonoma since Jan, 2009.

            
Low Price $157,500 back in June, 2009

            
High sale of $365,000 in Dec, 2009

            
The average sale per square foot (Living) is now at $108

            
The Average square Footage sold in this report was 2314 and average price was $250,107

            
Average days on market are at 238.

            
6 out of the 14 Homes were Short Sale or Bank Owned

            

            
There are currently 9 active for sale homes in SONOMA The low asking price is $209,900 & the high is $354,000. The average List Price is $276,638 or $129 per Square ft. (Based on the comparison of the sold prices, the asking prices appear to be slightly over priced)
            
There are 6 Pending (4 of which are Short Sale) 

            

            
If you would like more detailed information about this community or other surrounding communities, please feel free to email me anytime steve@stevesellsflorida.com

            
Steve Vitani

            
Power Realty, LLC

            
www.SteveSellsFlorida.com

            

            			
            			
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Fun at my home inspection

            			
            			
02-10-10
Coleen DeGroff, MBA --  Your Gainesville FL Realtor

            			
            			
            

            	

            		Coleen DeGroff, MBA --  Your Gainesville FL Realtor: Real Estate Agent in Gainesville, FL
            		
            			
    
            			
            			
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Fun at my home inspection

            
 

            
Yes, you read that right.

            
 

            
After all the drama that was our 18 month long wait for our house to sell  in Pittsburgh, PA, and after losing our financial shorts in a major way, I am thrilled to report that we've BOUGHT a HOUSE in the Haile Plantation neighborhood of Gainesville, Florida!  And best of all, since we live in Gainesville, Florida, we'll be able to live in the house that we've bought!   Much more gratifying than owning a house, and paying for a house, in a town where we don't live.

            
 

            
Being the vigilant REALTOR that I am, I immediately set up a home inspection with McGarry and Madsen Inspection because they inspected the first home we bought in Gainesville (which ended up falling thru when our house didn't sell in Pittsburgh, which is why we had to move to a different house this past August....just a rental....where our hope was we'd be able to buy this SECOND home -- that we are living in as a straight rental -- once our home sold in Pgh but after losing our shorts on THAT deal that's just not possible if we want to put our kids thru college as well...soooooo.....here we go again!)....these guys were so great with the first house, and their inspection was SO thorough, that they have definitely made us raving fans for life!

            
 

            
So last week Richard McGarry and Greg Madsen came over to do the inspection.

            
 

            
I told them I wanted to boost my google juice by making short Flip videos of them to post on YouTube.  They backed away a couple of steps because I think they thought I was threatening them in another language.

            
 

            
After I explained what I meant, they were down with the idea .... well, Greg Madsen was, anyway.  He's shy like me.  Richard McGarry, on the other hand, had to be coaxed.....which I did in my most professional manner by telling him not to be a wuss.

            
 

            
So he opted not to be a wuss, which is when I got this footage of him talking about radon and what to do about it.  Based upon this interview with Richard McGarry, I was also able to write a blog post about what radon is, why should anyone care, and what can be done about it.

            
 

            
Then I got to follow Greg Madsen around the house as he checked for water intrusion, leaking ductwork, and missing insulation with his handy-dandy thermal imaging dealio, which was so cool it looked like something right out of Star Trek.

            
Here's Greg Madsen talking about why he uses his thermal imaging whatchamacallit during home inspections, and how it helps the homeowner (WARNING: I'm still trying to figure out how to edit my videos) (OH, and that house you see in the video? It's OURS, or will be soon!):

            
 



            

            			
            			
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35 Signature Place condos going to auction in downtown St Petersburg Florida

            			
            			
02-10-10
Sharon  Simms  St Pete FL - CRS CIPS CLHMS RSPS 

            			
            			
            

            	

            		Sharon  Simms  St Pete FL - CRS CIPS CLHMS RSPS : Real Estate Agent in Saint Petersburg, FL
            		
            			
    
            			
            			
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Signature Place condosSignature Place condos in downtown St Petersburg just announced that 35 condos will be auctioned on March 7, 2010. This is an absolute auction, with minimum bids ranging from $135,000 for an 859 sq ft 1 bedroom 1.5 bath condo (list price wss $291,000-$336,750) to $430,000 for a 2,403 sq ft 3 bedroom plus den 3 bath unit (list price was $918,750). The minimum bids have discounts ranging from 49% to 64%.

            
Signature Place is an architecturally significant highrise that was completed last year and began sales in June 2009. Approximately 40% of the 244 residential condo units have sold.

            
To insure that they retain the right to buyer representation, anyone visiting the sales/auction office onsite to preview the units should bring their agent with them on their first visit to the property.

            
 

            			
            			
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4928 Bostonian Loop-Heritage Lake-New Port Richey-Price Reduced to $79,900.

            			
            			
02-10-10
Toni Weidman, CRS, GRI, Broker-associate

            			
            			
            

            	

            		Toni Weidman, CRS, GRI, Broker-associate: Real Estate Agent in New Port Richey, FL
            		
            			
    
            			
            			
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4928 Bostonian Loop in Heritage Lake, New Port Richey, FL is a super value. A free-standing villa with 1204 sq.ft. of living area for sale. Heritage Lake is a 55+ community. Click here for more info.
Originally Listed at $85,000.00. This is your chance to move into a great community at a great price!

            
Heritage Lake has an active clubhouse, heated pool, jacuzzi, and is close to Trinity shopping, and has easy access to Tampa via the Suncoast Parkway. Click here to search properties in Heritage Lake.

            
      4928 Bostonian Loop-New Port Richey-Heritage Lake-Toni Weidman

            			
            			
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