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Harold (Hal) Place

Sun City Center Fl. Market update!

It appears the Housing Market here in Sun City Center has stabilized. Homes are priced at or close to current Market Value, which is the key to Selling rather then Listing homes.

New listings are being priced commensurate with current market value and existing listings have come in line as a result of price reductions.

Be assured, current prices do not reflect "Give Away Pricing." They reflect realistic expectations on the part of the seller in keeping with reasonable investment return and market conditions.

During the past couple of weeks we have seen full price or close to asking price offers. Sales should continue to increase as the public recognizes market stability.

Real Estate has a proven track record for being a wise, sound investment. It continues to be an investment of choice.

Taking into consideration, Current Inventory, Favorable Interest Rates and Return on Investment NOW is the time to vacate fence sitting and buy the home of your choice.

Confirming article Re; Now is the time to buy

I recently read an article re-emphasizing that this is a great time to buy Real Estate, especially here in Florida.

The article pointed out the abundance of homes on the market. The highest number in some 15 years.

Pricing declines over the past year make this a great time to buy.

Real Estate is still a very good investment. According to the article, the return on five percent down-payment over ten years is usually three to five times greater then stock market returns.

Interest rates continue to be at a favorable level which lowers and makes payments more affordable.

In addition, Florida voters approved Amendment 1 allowing Florida home owners to transfer their "Save Our Home: tax benefit from their existing home to a newly purchased home. The new property can be Upsizing or Downsizing.

These favorable conditions won't last forever. As prices stabilize the decline will be over.

Another article I read a week or so ago confirms that the Tampa Bay market has stabilized and sales are starting to increase.

It would behoove us as agents to communicate these factors to potential buyers who may still be on the fence.

Sun City Center and alternative transportation

One of the many favorable features of living in Sun City Center is the fact that you don't have to start your car up to go anywhere in Town. Golf Carts are a legal second means of transportation.

golf carts

Although Sun City Center is considered a Golf Community, you don't have to be a golfer to own a golf cart nor are you restricted to operating them solely on the golf course. A lot of folks buy them as a means to get around Town.

During daylight hours, youcan travel on any of the road in town with the exception of State Roads 674 and 301. And of course you can't drive them on the Interstate highways either (although we have had some folks try). There are three (3) authorized crossing areas on State Road 674 for golf carts. There are also alternate routes to get you to the shopping areas without having to go on the Stata Roads.

Since Wal-Mart moved to their new Super-center across State Rd. 301, it does pose a problem for golf carts as it is illegal to cross Hwy. 301 in them. The community is working on a plan of action to address this problem.

This alternative means of transportation is a great help to a lot of the residents here in Sun City Center. It does take some getting used to for our out of town visitors. They don't know what to do when they come upon golf carts traversing our roadways. Best to remember that although they are required to follow all rules of the road as if they were licensed automobile, some drivers don't always drive as such.

It's not unusual to see hundreds of these golf carts traveling throughout the Streetsof Sun City Center during early morning and mid afternoon.

The time to buy is NOW!

With the recent reduction in Mortgage rates, the abundant market inventory combined with fantastic per sq ft selling prices starting at $79.00 how could anyone not recognize this is a great time to purchase Real Estate here in Sun City Center. Florida.

Normal Closing time-frame is 30 days, less in some cases. There are Single Family Homes, Villa's and Condominiums some on water , golf course or both.

Whether looking for a Winter residence or year round home, now is a great time to get started.

Sun City Center Fun Fest

Sun City Center will be showcasing its Lifestyle at the seventh Annual Fun-Fest to be held March 15, 2008

A full day of Free entertainment and reasonably priced food will be just a few of the attractions. Many of the over 140 Community Association clubs will be present to Spotlight their Clubs, display their wares and promote membership to Sun City Center Residents. Many Clubs place their works of Art for sale, the proceeds of which help to defray operating costs throughout the year.

Fun Fest, this being the Seventh year, has attracted several thousand from Sun City Center and the Tampa Bay Area.

Activities will be held on North Campus, located on North Pebble Beach Blvd, just north of Hwy. 674.