Spring Hill, FL

Timber Pines sales for single family homes and villas decreased again in June over those for the previous month. Sales price range for single family homes increased but decreased for villas. Median and average price levels responded accordingly with those for single family homes increasing and those for the villas decreasing. However, as in the previous month, the total number of homes under contract remained stable and marketing time for sold properties decreased. Overall inventory also slightly decreased with a total of 167 active listings.

Timber Pines is a 55+ Country Club community offering an active life style with several golf courses, two community pools, Activities Center, Clubhouse, Performing Arts Center, as well as many social clubs and events. The community is a gated community with an park-like ambience with 24-hour security.

Timber Pines is located off US 19 in Spring Hill, West Central Florida on the Gulf Coast of Florida, also called the "Nature Coast". Tampa International Airport is just a 45 min drive via the new Suncoast Parkway.

Photo below: Club House with restaurant, meeting facilities,

pool, and view of 1st hole of Championship golf course.

1. Single Family Homes:

Sold June 2009: 3

Price Range: $140,000 - $189,900

Average: $163,300

Median: $160,000 (almost 40% increase over May)

Average Days on Market: 112

Currently Active Listings

Single Family Homes: 98

Price Range: $89,900 - $399,000

Average: $149,900

Median: $155,930

Under Contract: 11

Pending: 9, Contingency Contracts: 2

Price Range: $114,900 - $225,000

2. Villas:

Sold June 2009: 3

Price Range: $89,000 - $128,000

Average: $110,167

Median: $122,500 (approx. 6% decrease over May)

Average Days on Market: 70

Currently Active Listings Villas: 69

Price Range: $72,000 - $180,000

Average: $127,500

Median: $126,091

Under Contract: 7

Pending: 5, Contingency Contracts: 2

Price Range: $109,900 - 154,900

Data derived from Hernando County MLS as of 7/5/09 and believed to be accurate but not guaranteed.

---

If you are thinking about buying a home or land for personal or investment use, or you are thinking about selling in Hernando County, Florida, including the communities and neighborhoods of Hernando Beach, Weeki Wachee, Brooksville and Spring Hill, Glen Lakes, Timber Pines, Silverthorn, Seven Hills, Sterling Hill, Pristine Place, and Southern Hills Plantation and you want to work with a local area Realtor who knows these neighborhoods please contact me.

Let me help you find your place in the Sun!

There is much talk and even more questions about the first time homebuyers tax credit program. As part of the stimulus plan, Congress passed legislation earlier this year to grant tax credits up to $8000 to first-time homebuyers:

• 10% tax credit on the purchase price of a home not to exceed $8000.
• For example, a homebuyer who purchased a home for $69,000 will receive a $6,900 refund, a buyer who purchased a home for $100,000 will receive a $8,000 refund.
• Any type of home will qualify, i.e. single family, condos, townhomes, as long as they are being used as a primary residence.
• The home has to be purchased and ownership has to be transferred by December 1, 2009!
• To qualify as "first-time homebuyer" the buyer or his/her spouse may not have owned a home during the three years prior to purchasing.
• There are income limits: $75,000 annual income for single buyers, $150,000 annual income for married buyers.
• There are discussions about extending the program and also allowing the tax credit to be used as a downpayment. Please call me if you would like to know more.

Here is the best part: The tax credit does NOT have to be repaid!

What are you waiting for? Call me for more information!

---

If you are thinking about buying a home or land for personal or investment use, or you are thinking about selling in Hernando County, Florida, including the communities and neighborhoods of Hernando Beach, Weeki Wachee, Pine Island, Brooksville and Spring Hill, Glen Lakes, Timber Pines, Silverthorn, Seven Hills, Sterling Hill, Pristine Place, and Southern Hills Plantation and you want to work with a local area Realtor who knows these neighborhoods please contact me.

Let me help you find your place in the Sun!

Here is a community that has the spirit and knows how to put on a Independence Day celebration! For the third year in a row, I was able to participate in the High Point 4th of July parade - this year as a driver.

The posting of the colors was conducted by members of the American Legion. The crowd gathered in the community center for good old fashioned hot dogs, cookies, cupcakes, and the singing of patriot songs!

Happy 4th of July!

---

High Point is an active, age-restricted, gated community offering affordable living. Amenities include a private golf course, club house, pool and tennis facilities. If you would like to find out more about High Point or other communities in Spring Hill, Florida, please contact me.

Let me help you find your Place in the Sun!

Timber Pines sales for single family homes and villas saw another decline in May over those for the previous month. Sales price ranges, median and average sales prices all decreased across the board. However, as a silver lining for the coming weeks, the total number of homes under contract remained stable.

With a total of 171 active listings, available homes decreased again over those from April.

Timber Pines is located off US 19 in Spring Hill, West Central Florida on the Gulf Coast of Florida, also called the "Nature Coast". Tampa International Airport is just a 45 min drive via the new Suncoast Parkway. The community is a 55+ Country Club community offering several golf courses, two community pools, Activities Center, Clubhouse, Performing Arts Center, as well as many social clubs and events.

1. Single Family Homes:

Sold May 2009: 3 (60% of April closed transactions)

Price Range: $112,000 - $120,000

Average: $115,667

Median: $115,000

Average Days on Market: 288

Currently Active Listings Single Family Homes: 100

Price Range: $94,900 - $399,000

Average: $160,979

Median: $151,900

Under Contract: 11

Pending: 10, Contingency Contracts: 1

Price Range: $140,000 - $225,000

2. Villas:

Sold May 2009: 6

Price Range: $105,000 - $140,000

Average: $125,417

Median: $130,000

Average Days on Market: 166

Currently Active Listings Villas: 71

Price Range: $72,000 - $185,000

Average: $127,515

Median: $129,000

Under Contract: 7

Pending: 5, Contingency Contracts: 2, Price Range: $83,000 - $215,000

Timber Pines: View across the Fairway at the Timber Pines Activity Center

Data derived from Hernando County MLS as of 6/4/09 and believed to be accurate but not guaranteed.

---

If you are thinking about buying a home or land for personal or investment use, or you are thinking about selling in Hernando County, Florida, including the communities and neighborhoods of Hernando Beach, Weeki Wachee, Brooksville and Spring Hill, Glen Lakes, Timber Pines, Silverthorn, Seven Hills, Sterling Hill, Pristine Place, and Southern Hills Plantation and you want to work with a local area Realtor who knows these neighborhoods please contact me.

Let me help you find your place in the Sun!

Toady I went to inspect a property that I took as a new listing and to take the listing photos. Just doing my job. I removed a few dead bugs from the vacant home whose owners live out-of-state, I swept a little dirt away from the front door.

I took my photos, put up the lockbox and the sign. As I proceeded around the house, a sound got my attention and caused me to look up.

To my big surprise, there is someone who is calling this house a home already! Should I call him a tenant? Should I call him a squatter?

A little owl had made his home in the exterior molding which consists of some sort of foam and in absence of hollow trees or caves is apparently quite suitable for nest building!

He peaked at me, I peaked at him, we didn't seem too threatening to each other.

But wait.. the house is for sale! Do I need to disclose the feathered occupant? Do I just not say anything and hope once he is discovered, the new owners will allow him to stay? What I probably will do is to find a wildlife rescue organization and ask for advice. I'd rather see him moved than evicted!

If you are thinking about buying a home or land for personal or investment use, or you are thinking about selling in Hernando County, Florida, including the communities and neighborhoods of Hernando Beach, Pine Island, Weeki Wachee, Brooksville and Spring Hill, Glen Lakes, Timber Pines, Silverthorn, Seven Hills, Sterling Hill, Pristine Place, and Southern Hills Plantation and you want to work with a local area Realtor who knows these neighborhoods please contact me.

Let me help you find your place in the Sun!