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Palm Coast/Flagler County Real Estate Martin Collins & Kristi L. Ross

Palm Coast, Florida Real Estate - Northern Peninsula - Market Update - March 2009

Northern Peninsula

Palm Coast, Florida

( From the toll bridge to just North of Marineland that are not in Gated Communities)

Active Listings Market update for March 2009

The Northern Peninsula is also known as "The Hammock". The Hammock features Ocean Front, Intracoastal Front, and groups of homes and mobile homes intermingled with commercial buildings.

This is the original "Old Florida"...before the luxury Gated communities became popular in Flagler County. If you are wanting to live beachside in Northern Flagler County without having to pay association fees associated with Deed Restricted and Gated Communities...these are the homes that will suit your needs.

48 Homes for Sale

Active Listings:

Lowest Priced Home: $84,900

Highest Price Home: $2,900,000

Average List Price: $409,950

Search all Northern Peninsula Home Listings - This particular search may include some gated community listings. I am working to get this issue fixed.

# of Listings Bank Owned: 1

% of Listings Bank Owned: 2%

Search Bank Owned Home Listings

# of Listings Short Sale: 7

% of Listings Short Sale: 14%

Search Short Sale Listings

Absorption Rate: 4 years

Type of Market: Very, Very Strong buyers market

Average Sales Price Per Sq Ft: $115

Sale Price/List Price Ratio: 91%

Kristi Ross - REALTOR - With over 14 years of experience in buying, selling, managing & investing in real property personally in addition to being a very active, full time REALTOR in Palm Coast/Flagler County, Florida for 7 years ....I have learned that information is power and I am an advocate for customer empowerment.

You can sign up to be on the list of first to know when properties meeting your ideal criteria are newly listed, go pending or are sold.

The above statistical data was gathered from the Flagler county MLS and is not to be guaranteed reliable or accurate and is for informational purposes only.

The search homes information is provided through IDX. Kristi L. Ross PA, Hawk Beach Realty, My Broker or associates are not in anyway responsible for any mistaken information provided.

Ocean Hammock - Palm Coast, FL - Active Listing Market Update - March 2009

Ocean Hammock

Palm Coast, Florida

(A Gated,Ocean Front Golf Community)

Active Listings Market update for March 2009

Ocean Hammock is an Oceanfront, Gated, Golf Course, Resort Style Community.

Featuring a Jack Nicklaus Signature Golf Course with 6 holes fronting the Ocean, Ocean Hammock is a unique and highly desired beachside community....located close to Marineland, Palm Coast, Flagler Beach & St. Augustine, Fl.

Large executive homes and vacant lots are intermingled among hammock oaks and lush green fairways of this exclusive gated, unpretentious paradise. Because of the real estate downturn of home and vacant land prices in Northern Florida...you can now find affordable luxury properties that sold for hundreds of thousands more just a few short years ago. A significant decrease is prices has again occurred just within the last 6 months...making the prices for Ocean Hammock property very attractive

Golf membership is optional

33 Homes for Sale

Active Listings:

Lowest Priced Home: $699,900

Highest Price Home: $3,500,000

Average List Price: $1,189,000

Search all Ocean Hammock Home Listings

# of Listings Bank Owned: 0

% of Listings Bank Owned: 0%

Search Bank Owned Home Listings

# of Listings Short Sale: 1

% of Listings Short Sale: .3%

Search Short Sale Listings

Absorption Rate: 6 Months

Type of Market: Neutral Market

Average Sales Price Per Sq Ft: $185

Sale Price/List Price Ratio: 88.18%

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Kristi Ross - REALTOR - With over 14 years of experience in buying, selling, managing & investing in real property personally in addition to being a very active, full time REALTOR in Palm Coast/Flagler County, Florida for 7 years ....I have learned that information is power and I am an advocate for customer empowerment.

You can sign up to be on the list of first to know when properties meeting your ideal criteria are newly listed, go pending or are sold.

The above statistical data was gathered from the Flagler county MLS and is not to be guaranteed reliable or accurate and is for informational purposes only.

The search homes information is provided through IDX. Kristi L. Ross PA, Hawk Beach Realty, My Broker or associates are not in anyway responsible for any mistaken information provided.

Is Chinese Drywall the next asbestos or lead based paint???

I am sure you have seen the recent news talking of the problems with Drywall imported from China, and used to build thousands of Florida homes during the boom years.  The question going forward is how will this effect homeowners who have purchased and are living in these homes?  Does this effect the property values of houses built during the construction boom (2003-2006*) for "fear" that the house may be contaminated with drywall emitting toxic gas? Will Licensed Real Estate professionals need to add another property hazard disclosure to their arsenal?

Based on the articles I have been reading...there are clues that may indicate you are living in a home built with the Chinese Drywall product in question.


A strong sulfurous odor in the home....this smell  is often equated to the smell of rotten eggs.  It would make sense that the smell would become stronger when exposed to a high humidity climates such as Florida.

The onset of health problems.  Some people exposed to the product in question report sinus and upper respiratory problems, prolonged headaches, nose bleeds and other symptoms that disappear when they are away from the effected home.

Home furnishing and wood decor of the home turning black or becoming strangely discolored.

The failing of newer appliances, air conditioning coils, and electrical problems caused by corrosion from the sulphur gas.

 

There is a question of just how many homes are at risk...it could be tens of thousands in Florida alone.  Below is a news spot covering the problem....


Based on the following ...Lennar  is one of the large builder's that claims they are having problems with their homes...I am sure many more national and local builder's will be coming forward soon as awareness grows regarding this issue.  And, is this just homes?  Or will we soon hear that large condominium complexes and commercial buildings built during the construction boom in Florida and nationwide are also effected?

I am currently contacting local home inspectors to see if they have begun to include drywall inspections as part of their service.  This will be very important going forward with regards to the purchase of homes built during the boom.

It is unknown at this time just how widespread this problem is....so I would suggest to anyone  looking to purchase a home built in the years in question be thorough with their inspections.

If you are a homeowner that knows your home contains this drywall product make sure to tell your Real Estate Listing Agent and fully disclose this material fact to all potential buyers.


Kristi Ross - REALTOR - With over 14 years of experience in buying, selling, managing & investing in real property personally in addition to being a very active, full time REALTOR in Palm Coast/Flagler County, Florida for 7 years ....I have learned that information is power and I am an advocate for customer empowerment.


*It seems that it is not clear exactly how many years the contaminated drywall was being used...I have read reports saying it could have begun as early as 2002 and extended through 2007.

Palm Coast Florida - Grand Haven - Active Market Update - March 2009

 

Grand Haven

Palm Coast, Florida

 (A Gated, Intracoastal Front Golf Community)

 

Active Listings Market update for March 2009

Grand Haven is a Gated, Golf Course, Resort Style Community featuring everything from smaller patio homes, condominiums and townhomes to large, luxurious executive estates on the Intracoastal Waterway. Close to shopping, dining and only 5 minutes to the beach...Grand Haven is a highly desired community for both permanent and second home residents.

The community includes two sport clubhouses with pools and fitness centers as well as one of the finest Jack Niklaus designed Golf courses in the Northern Florida region.

Golf membership is optional

 

110 Homes for Sale

 

Active Listings:

 

Lowest Priced Home:      $185,000

Highest Price Home:      $1,149,000

Average List Price:         $417,758

Average Price Per Sq Ft: $117.00

Search all Grand Haven Home Listings

 

# of Listings Bank Owned:    0

% of  Listings Bank Owned:    0%

Search Bank Owned Home Listings

 

# of  Listings Short Sale:   18

% of  Listings Short Sale:    16.36%

Search Short Sale Listings

 

Absorption Rate: 41 Months

Type of Market:   Very, Very Strong Buyer's Market

Sale Price/List Price Ratio:  89.87%

 

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*DISCLAIMER: The above statistical data was gathered from the Flagler county MLS and is not to be guaranteed reliable or accurate and is for informational purposes only.

**Disclaimer: The search homes information is provided through IDX and Kristi L. Ross PA, Hawk Beach Realty, My Broker or associates are not in anyway responsible for any mistaken information provided.

 

Kristi Ross - REALTOR - With over 14 years of experience in buying, selling, managing & investing in real property personally in addition to being a very active, full time REALTOR in Palm Coast/Flagler County, Florida for 7 years ....I have learned that information is power and I am an advocate for customer empowerment.

You can sign up to be on the list of first to know when properties meeting your ideal criteria are newly listed, go pending or are sold.

 

 

Palm Coast Florida - Cypress Knoll - Active Listing Market Update - March 2009

Make sure to check back in for updates on

the Palm Coast - Flagler County Real Estate Market and Trends.

I believe that information is power.

I am an advocate for customer empowerment.

Active Listings Market update for March 2009

The Cypress Knoll community has seen less foreclosures and deep discounted short sales erode away at the prices until recently ....It looks like we are seeing some weakening in the price stabilization in Cypress Knoll.

Located directly across from the new Town Center Project, close to the Flagler County Hospital, easy access to the beach by way of US 100 into Flagler Beach and of course it is a very pretty community. The Cypress Knoll golf course, although one of the toughest plays in town, is also one of the most beautiful.

Cypress Knoll Neighborhood (Town Center Area)

Most of the Street Names in this Neighborhood begin with the letter "E"

52 Homes for Sale

Active Listings:

Lowest Priced Home: $124,900

Highest Price Home: $430,000

Average List Price: $256,206

Average Price Per Sq Ft: $71.00

Search all Cypress Knoll Home Listings

# of Listings Bank Owned: 3

% of Listings Bank Owned: 5.7%

Search Bank Owned Home Listings

# of Listings Short Sale: 10

% of Listings Short Sale: 19.23%

Search Short Sale Listings

Absorption Rate: 26 Months

Type of Market: Very Strong Buyer's Market

Sale Price/List Price Ratio: 93.78%

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*DISCLAIMER: The above statistical data was gathered from the Flagler county MLS and is not to be guaranteed reliable or accurate and is for informational purposes only.

**Disclaimer: The search homes information is provided through IDX and Kristi L. Ross PA, Hawk Beach Realty, My Broker or associates are not in anyway responsible for any mistaken information provided.

Kristi Ross - REALTOR - With over 14 years of experience in buying, selling, managing & investing in real property personally in addition to being a very active, full time REALTOR in Palm Coast/Flagler County, Florida for 7 years ....I have learned that information is power and I am an advocate for customer empowerment.

You can sign up to be on the list of first to know when properties meeting your ideal criteria are newly listed, go pending or are sold.