Ann Hayman, GRI,CDPE,IRES, Jacksonville FL. Gated Communities , Real Estate

Last weekend Spring was ushered in with a Young Eagles Fly-in at Haller's Airfield.

The EAA's Young Eagles program, gives kids 8 yrs to 17 yrs old a chance to fly in a private airplane, and experience what it's like to fly.

Our local chapter puts the event on once a year and the chapter furnishes the pilots, the airplanes, certificates and lunch.

Photos:

This was Devon's second time out for the Young Eagles event.

In all we had 35 young aviators and they were flown by:

Jimmie Seeley flying a Celebrity biwing,

Diz Gillespie flying a RV

Pat Lee flying a RV

Sam Staton flying a Tri Pacer

Bob Weisman flying a Cessna Cardinal

Frank Lorenz flying a J-3 Cub

Dave Dollarhyde flying a RV

Paul Saulter and his Mom handled all the paperwork and photos of the kids with their certificates.

To many to list served as support staff, driving the cart, manning the flight line, ground crew, sign-in and food.

Our thanks to so many for all the hard work!!

See you next year.

Not Distressed Properties, real estate, homes, townhomes, condos, the market or any title you can put on it! It is the people in them that are distressed.

I choose to look at this market as I have always looked at it. Buyers and Sellers that need me to help them navigate The Real Estate Market. It's just a different market, very challenging, but still The Real Estate Market and the people are the same with the same needs, just very challenging needs.

I will see them through this reset in the market and use all of my skills and experience to help them come through with the best possible outcome for their circumstances. It is different for each person and family. Now that the economy is so weak, home prices still falling, employment at 8.5% and closer to 15% if you count the unemployed that have given up on looking for a job.

It is no longer just the Subprime market, the causes are endless,

Increase mortgage payment.

Loss of job maybe 2 if both was working.

Business failure.

Damage to property.

Death of a spouse or family member.

Severe illness.

Inheritance.

Divorce.

Relocation.

Military service.

Insurance or tax increase.

Reduced income.

To much debt.

Incarceration.

In time and with a reasonably good economy many of these things could be coped with, by belt tighten, budgeting, getting another job or selling the home, this in some cases may still work, maybe, but this is a bad economy and likely to remain bad for several years. Even if some think it will magically recover, it is better to be prepared for the long haul.

True, not all can be helped, but we don't know that until we talk to them. This means asking really tough questions, about their finances, more information than we have ever had before, about someone that may be, a stranger and listening to the answers with careful attention. By their expectations, motivation, cooperation and communication they will tell us if our help will be useful and timely, in some cases it will not, then we move on to the next.

After personally having several buyers in short sales that failed to close. I decided I might need to know more about this market as I believe most agent that claim to be the experts fall far short and to that end I have taken the Certified Distressed Property Expert course and received the designation. Now I will put all I've gleaned from this outstanding instructor, a very big book and huge stack of forms, to work. I will make this segment of the market a part of my business, (notice I said a PART of my business), only time and the market will determine how large a part.

Trust me I am not the expert (yet), just a little better educated about what I didn't know.

Market Update March 23, 2009

In Green Cove Springs, this is how the stats look at this time:

There are 238 homes Active on the market and they are in these catogories,

188 are Seller Owned, 39 are New Construction, 10 are Manufactured Homes.

136 Seller Owned with prices starting at $79,900 for 3bedroom 2bath with 1204 square feet. to

$1,125,000 for 6bedrooms 4baths in 6116 square feet on 20 acres.

39 New Construction with prices ranges starting at $119,500 with 3bedroom 2bath and 1320 square feet, to

$349,900 with 5bedroom 3bath in 3320 square feet.

43 Short Sales with prices beginning at 109,000 3bedroom 2bath with 1326 square feet single family attached,

to the highest at $220,995 for 4bedroom 3bath with 2143 square feet.

6 Foreclosure (Bank Owned) beginning at $49,000 3bedroom 1bath and 1594 square feet to

$261,900 4bedroom 3bath and 2530 square feet situated on a canal.

37 SOLDS since Jan.1 2009 range from $50,000 3bedroom 1bath with 1025 square feet to $374,827 (new construction) 5bedroom 3bath with 3851 square feet.

2 homes are Pending

Market Update March 23, 2009

Margarets Walk is a lovely smaller community located in the southeastern area of Fleming Island, between Orange Park and Green Cove Springs. The community consists of approx 185 homes with several waterfront properties and very nice homes off the water.

From March 23, 2008 to today there has been 7 sales, prices have ranged from $270,000 to $1,350,000. This information is from the Clay County Tax Assessor.

Here is the current market snapshot for Margarets Walk.

10 homes for Sale, price range $229,000 with 4 bedroom 4 bath at 2990 square feet, To $2,490,000. On the water, with 5 bedrooms, 4 baths 3 half baths at 5795 square feet.

1 Short Sale for $285,000 with 5 bedrooms 3 baths at 2625 square feet.

There have been No sales from Jan.01, 2009 to date.

Update Magnolia Point Golf and Country Club, Green Cove Springs, FL. 32043

As of March 17, 2009 there are 48 homes on the market with prices ranged from $194,900 to $549,777.

These 48 properties are made up of:

29 that are seller owned ranging from: 2 bedrooms 2.5 baths in 1480 square feet, list price is $209,500 to a 4 bedrooms 3 baths at 3511 square listed at $ 535.000.

7 are new construction ranging from: 4 bedrooms 3baths in 2543 square feet, list price $289,000 The largest home is a 5 bedrooms 4 baths at 3650 square feet at $549,777

The remaining 12 homes for sale: are Short Sales and they range from $194,900.with 4 bedrooms 3 baths at 3,056 square feet, to $390,000 for a 5 bedrooms 3 baths at 3,442 square feet.

Solds and Pending From January 01, 2009 to March 17, 2009

Solds and closed are 3 properties:

•1. 3 bedrooms 2 baths 1724 square feet listed at $274,900 and sold for $246,900 with a concession.

•2. 4 bedrooms 3 baths, 2428 square feet, sold at list price for $249,900. With no concessions.

•3. 4 bedroom 3 bath, 2601 square feet, listed at $279,900 and sold for $275,000 with no concessions

Pending, Under Contract with a buyer and a closing date, but not yet closed

There are 4 Pending with listed price ranges of $ 228,900 - $ 499,900.