Daniel J. Hunter, If I Can, I Will.

Beacon Woods, Bayonet Point, Florida Real Estate Market Report October 2009

Beacon Woods is ahead of the rest of the local market. It only has 8 months inventory. And for such a large subdivision inventory levels are low and dropping. The # of homes sold has dropped a tad, but when there are only ~10 sales per month, a bit of a variance is to be expected that can result in 10-20% swings, while only selling one or two more or less houses.

So it seems interest is pretty constant while inventory is dropping. Good sign for the Community short term anyways. not ready yet to make any long term predictions

Compared with the rest of the Hudson, Beacon Woods Active Properties are split similarly when it comes to distressed properties. But unlike Hudson, the Homes under contract or that have been sold are evenly split.

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Hudson Florida Single Family Market Report Oct O9

Active listings nudged up 5 units for a whopping 1% increase in inventory (negligible)

Homes Under Contract decreased by 10%. (rather sizable)

But the biggest change was Solds from 37 last month to 59, for an over 50% increase in closed sales for October. But more importantly Year over year sales are up ~40% from Oct 08

The distressed market has remained constant for the most part. The only significant change was for Active properties, there we have seen about a 15% increase year over year.

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It is time for Tarpon Springs LAST Music on the Beach '09 presented for FREE by Fruits Real Estate Services.

Fruits Real Estate Services. has been the sole corporate sponsor now for the past Three years. It is a great family event held at Sunset Beach, Tarpon Springs, Florida. Better views can not be had of Florida's Fabulous Sunsets on the Gulf of Mexico. This a perfect example of what is so Great about living on Florida's Suncoast

If you have not been to Music on the Beach, this is one not to be missed. The first and last Concerts of each year have a Bon-fire due to how early the sun sets.

On November 5th from 7-9 pm:

Lil' Pearl and the Big Boys (Classic Rock/R&B/Blues)

will entertain you as the Sun sets into the Gulf of Mexico with a Bon-fire.  The romantic, family-friendly atmosphere can not be beat at any price, and do not forget this is a FREE gift to thank the community we we are so proud to be apart of.

As to what you need to bring:
Chairs
Blankets
Family
Friends
Picnic

As to what you SHOULD NOT bring:
Pets
Alcoholic Beverages3

Available on site:
Hot Dogs
Popcorn
Soda
Water
T-shirts

Admission is FREE but donations are appreciated.  

I hope you enjoy(ed) Fruits Real Estate Services Music on the Beach in Tarpon Springs

Music on the Beach's Homepage & newsletter

Local Newspaper Story about the event

Best Recession-Proof Place to Retire: Tampa/St. Pete in the top 3

According to Forbes magazine the Top Recession Proof places to retire are:

1. Atlanta-Sandy Springs-Marietta, Ga., metro area
2. Dallas-Fort Worth-Arlington, Texas, metro area
3. Tampa-St. Petersburg-Clearwater, Fl., metro area
4. Houston-Sugar Land-Baytown, Texas, metro area
5. St. Louis, Mo.-Ill.

Pasco County 55+ Communities

Hernando County 55+ Communities

Pinellas County 55+ Communities

So you have a choice to make, and I will not presume to tell people my area is better than another for you. But I can say, without reservation, what Tampa has, in particular the Suncoast of Florida, is our spectacular Sunsets on the Water. There is only a 1 in 25 chance of being hit by a hurricane here, whereas Miami-Dade is a 1 in 6 chance.

Photo of Hurricane Probability courtesy of http://www.floridahurricane.net

Florida's Suncoast is a Best place to retire, as Forbes has pointed out. We have many amenities to enjoy, both local and also within a short drive.

Here is a recent picture I took at Sunset on the Gulf of Mexico. This is how one can spend their Golden Years. An easy going lifestyle, compared to the East Coast.

Florida On Sale: Market Crash leaves tremendous values on the table.

Below you will find charts and details on the West Pasco Single Family Real Estate Market. As you can see by the Bar chart, we have quite a bit of inventory on the market. You might also have noticed on my Trulia widget on the left of my blog, that Inventories have been declining this year, but spiked recently. Using Septembers sold properties, we have 10 months or normal inventory and about 7 months inventory of distressed property. But the thing about Distressed properties is that most of them take many months to close.

In the chart below you will notice some pretty varying Days on the Market (DOM)

How about some of those prices YIKES!!!!!!

Buy a home in Florida for as little as $10,000? Typically not. In my experience when you see a Listing price of $10,000 it usually means it is going on the auction block. But if you look further down at Active w/ Contract and Pending Sale, you will see absurd bargains. Lowest SOLD HOME went for $15/sqft. OMG!!!!!!

West Pasco is basically considered to fall from County line to County Line North & South

and From US 41 to the Gulf going East to West, which includes the Suncoast Parkway

View Larger Map

Compare this months report to August's numbers HERE