Daniel J. Hunter

Bake Sale in November at Ventana Townhomes at Waters Edge subdivision in New Port Richey

There will be a bake sale every Saturday in November from 8am to 2pm

at the entrance to Ventana Townhomes

which is at the intersection of  MoonLake Rd & Randee Rd

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Sinkhole Rates go up THROUGH THE ROOF!!!!!

Hopefully you are already aware, but if not put on your seatbelt.  Citizens is raising the premium for Sinkhole coverage by as much as 20x higher.  One report has Pasco Counties sinkhole rates going from ~$1700 to almost $6000

I have never advised a client to drop any portion of insurance, but Citizens may drive more policies to not carry Sinkhole policies.  You see Sinkhole policies cover damage from sinkhole activity.  And yes there has been massive fraud, but instead of addressing that, they do this.

However a basic homeowners policy from citizens covers Catastrophic damage from Sinkholes.   What does that mean to you?

If you home is damaged, you pay out of pocket if you do not have Sinkhole coverage.  But if you let the damage grow over time, the house will eventually be unlivable.  And your regular homeowners policy does cover catastrophic damage.

Citizens seems determined to make Sinkhole coverage unattainable for most people, meaning they will have to pay catastropic claims instead of fixing the problem, before it gets catastrophic.  Backwards thinking in my opinion.

June 2010 market report and

Houses for sale in River Ridge, New Port Richey, Fl

Less than four months inventory, not too bad.  Actually pretty darn good for Home sales in Pasco County.  Some would attribute this to the fact that River Ridge is highly sought after with buyers, especially families.  River Ridge is the school district in New Port Richey that I have had the most requests.

Just like the whole market in our area 1/3 if homes are distressed in River Ridge, New Port Richey.  And yet despite that they are closing at a higher ratio than the greater area.  With one of the lowest inventory levels in Pasco County, based on months of inventory, I think this speaks volumes to the quality of owners in the community.

Average days on Market (DOM) for Homes For Sale in River Ridge is ~4 months.  Yet when priced right you will see that the average DOM for homes under contract is 2 months or less.  And the average days on market for Homes that sold in June 2010 in River Ridge New Port Richey was on the market for an average of 63 days.  So if your house is languishing on the market, among other issues, you might want to revisit the list price

View River Ridge, New Port Richey, Florida in a larger map

View River Ridge, New Port Richey, Florida in a larger map

Homes for sale in New Port Richey with Market Report for July 2011

As you can see in the graph below, we are seeing a little bit of an uptick in prices (black line), however the overall trend is to the downside. This uptick is most likely a few extra highend homes sold. On top of that there is usually a surge as families relocate in summer before the new school year starts

See the charts at My Home on the Internet

Sinkhole Rates go up THROUGH THE ROOF!!!!!

Hopefully you are already aware, but if not put on your seatbelt. Citizens is raising the premium for Sinkhole coverage by as much as 20x higher. One report has Pasco Counties sinkhole rates going from ~$1700 to almost $6000

Read the Rest of the story at My home on the web