Darhlene Zeanwick

As The "Four-Corners" Reporter focused their attention on Poinciana, Florida, on what looks an untamed painting of the world economic crisis, the local association manager, Jeannette Coughenor, referenced an eight-month inventory of homes in the area.

Data from the MidFlorida MLS suggests something more like an 18-month inventory on hand for the future. Based on statistics maintained since 2001, Poinciana real estate associate, Darhlene Zeanwick with Overton Realty, reports that less than two homes per day are selling in the area. While buyers from Canada have been sweeping into the area purchasing in blocks, homeowners who are trying to sell are still having trouble with the predicament of competing with banks.

Of the over 1,160 homes in Poinciana that are currently listed in the MLS, approximately 38% of them are in some state of short sale or foreclosure. With a high of 129 homes sold in June of 2005, Poinciana's high this year has reached a high of only 384 homes sold in all of 2008 ... so far.

Darhlene, who predicted the real estate bust back in 2004 and who was also recently interviewed by The Reporter, said that homeowners in the area who are able to stay in their home should expect a long recovery. "Something like what happened after six weeks of hurricanes in Poinciana in 2004. It's going to feel like a long recovery."

Her forecast? A flat 2009 -- with some bounce along the bottom -- then full recovery by 2010. "By May 2010. For sure. Mark those words!" She's been right before.

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We're coming down the pike towards the last laps of the race for the White House. You're on your way to Yeehaw Junction when all of a sudden you realize, "I forgot to register to vote!" (Yeah, right.) But let's just say that really happened. What are your options?

Stop at the your next Starbucks? Library, work, or home office? No. Get online. Register to vote in one short sitting. While you're experiencing the greatness of one-stop registration, think about some very important facts about the upcoming elections in Florida.

• The deadline to register to vote is October 6th.
• A majority of Floridians are registered and are registering as Democrats.
• We're experiencing an unprecedented surge of newly registered voters.
• If you are not registered to vote, you're vote is lost.
• Do not underestimate the seriousness of this year's elections. Just look at what is happening today in Macomb County, Michigan.

If you are any stage of the foreclosure process, contact county elections staff in Polk or in Osceola to ensure your current address is on their records. Polk county references the law in Florida, one that is similar to the controversy making headlines from Michigan.

Snippets from The Poinciana Crane (tm)

• One-stop Voting Registration We're coming down the pike to end the last lap of the race for the White House. You're on your way to Yeehaw Junction when all of a sudden you realize, "I forgot to register to vote!" (Yeah, right.) But let's just say that really happened. What are your options? Stop at the your next Starbucks?...
  
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• No Help for the Defrauded Sept. 16, 2008 | Now burdened with the nation's highest level of mortgage fraud, Florida residents are now just finding out that a program -- that at one time reimbursed people scammed by mortgage brokers -- no longer exists -- at least not for them. State regulators killed a victim assistance...
  
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• Rent-to-Own is Back As more and more people are struggling to get re-financing for their homes, more and more are also looking at offering lease-to-own agreements. Such agreements enable tenants to rent a property with the option of buying the residence at some date in the future. Sellers with once-vacant properties,...
  
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• CDD's & Poinciana A Community Development District(CDD) is a local, special purpose government authorized by Chapter 190 of the Florida Statutes. For example, Poinciana's active adult community, known as Solivita, is a CDD. While a common error among Realtors (r), Bellalago is not a CDD. CDD's have several powers ,...
  
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• Hurricane Season Not Over ! As Hurricane Ike reminds everyone, be prepared, always. Here in Florida, there are two web sites you may want to bookmark to protect your home or business. The Florida Office of Insurance Regulation Web site includes a database of all insurers. Similarly, Citizens Property Insurance, Floridians'...
  
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• Free Lawyers for Homeowners A program offered by the Florida Bar and Florida Legal Services Florida provides access to a lawyer and free legal advice for homeowners troubled with financial issues. To take advantage of this free program call, toll-free - (866) 607-2187 - or take advantage of their new, online Intake Form. Fill...
  
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• $179,000 Pool Home Mint condition, "Champagne" pool home now only $179,000! It's an immaculate Mercedes pool home that includes spa, lanai, and one beautifully maintained white, vinyl privacy fence. Also featured in this spacious home are an eat-in kitchen that includes a large pantry and ample breakfast bar, all...
  
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• Staging a Sale Staging -- in the bubble years -- was a useless fad with price tags in the thousands! Staging your home doesn't have to be anywhere near that expensive and isn't as difficult as "stagers" like to pretend. Basically, keep in mind that using staging practices, your aim is to focus the attention of a...
  
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• 4/2 for Only $800 Home for rent in Poinciana. Four bedrooms with two bathrooms. Near the busline at the intersection of Walnut and Country Club. Only $800/month.
  
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• When Up is Down And what about those property taxes these days!? Many homeowners across Florida are asking the same question: If the value of my home has dropped, why has my tax bill increased? The Florida Association of Realtors has a few answers.
  
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• Debt is not a Crime Debt is not a crime. That's why there are laws against debt collectors who harass. If you're feeling intimidated, checkup on the rules. The Fair Debt Collection Practice Actis a federal law. It applies to debt collection companies which are hired by the lenders. This law allows debtors to go to...
  
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• Hatchinea Lake Declined September 9, 2008 | After a seven hour session, the Polk County Planning Commission denied the Hatchinea Lake Development project. Traffic, utilities, and environmental impacts were the main issues surrounding the project. The project was to involve a 5,134 acre development adjacent to Lake...

POINCIANA, FLORIDA | As The "Four-Corners" Reporter focused their attention on Poinciana, Florida, on what looks an untamed painting of the world economic crisis, the local assocation manager, Jeannette Coughenor, referenced an eight-month inventory of homes in the area.

Data from the MidFlorida MLS suggests something more like a 18-month inventory is on hand for the future. Based on statistics maintained since 2001, Poinciana real estate associate, Darhlene Zeanwick with Overton Realty, reports that less than two homes per day are selling in the area. While buyers from Canada have been sweeping into the area purchasing in stock, homeowners trying to sell still have trouble with the predicament of competing with banks to sell.

Of over 1,160 homes in Poinciana that are currently listed in the MLS, approximately 50% indicate the property is in some state of short sale or foreclosure. With a high of 129 homes sold in June of 2005, Poinciana's high this year has reached a high of only 62 homes sold in the month of July.

Darhlene, who predicted the real estate bust back in 2004 and who was also recently interviewed by The Reporter, said that homeowners in the area who are able should expect a long something akin to six weeks of hurricanes the area felt in 2004. "It's going to feel like a long recovery." Her forecast?

A flat 2009 -- with some bounce along the bottom -- then full recovery by 2010. "By May 2010. For sure. Mark those words!" She's been right before.

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Feed The Crane -- News on the Poinciana Area

Subscribe to The Poinciana Crane^tm

Checkout The Feed!

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