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Archive for June, 2010

Hunters Creek Stats as of June 1, 2010

Monday, June 7th, 2010

Hunter’s Creek offers a combination of condominiums, townhomes and single family homes.  Here is a brief snapshot of the current state of the market:

As of  June 1, 2010 :
There are currently 185 HOMES for Sale listed in our MLS system ranging from $80,000 for a 3 bed/2 bath in Ginger Mill to $579,900 for a 5 bedroom/4 bathroom home in Hunters Creek on Hunters Isle.

There are 70 Condominiums/Towhomes for Sale in the MLS ranging from $32,900 for a 1 bed/1 bath in Palm Villa Residences to $226,000 for a 2 bedroom/2 bathroom condo-hotel at Audubon Villas

ACTIVE: HOMES 
185 Total: 112 are pre-foreclosure/short sales/bank-owned  (making up 60% of the inventory). Average Sales Price = $203,413 and Median sales price = $179,900
ACTIVE: CONDOMINIUMS/TOWNHOMES  
70 Total: 43 are pre-foreclosure/short sales/bank-owned  (making up 61% of the inventory). Average Sales price = $97,199 and Median Sales Price = $74,950

PENDING: HOMES 
211 Total: 192 are pre-foreclosure/short sales/bank-owned  (making up 91% of the inventory).  Average Pending Price = $153,248 and Median pending price = $144,900
PENDING: CONDOMINIUMS/TOWNHOMES  
106 Total: 95 are pre-foreclosure/short sales/bank-owned  (making up 90% of the inventory). Average Pending price = $67,149 and Median Sales Price = $60,000

SOLD: HOMES (last 30 DAYS)  
40 Total: 24 are pre-foreclosure/short sales/bank-owned  (making up 60% of the inventory). Average SOLD Price = $161,700 and Median SOLD price = $157,000
SOLD: CONDOMINIUMS/TOWNHOMES  
35 Total: 30 are pre-foreclosure/short sales/bank-owned  (making up 86% of the inventory). Average SOLD Price = $73,365 and Median SOLD price = $62,000

If you would like a specific Market Analysis for your home, please click here http://www.homeinsight.com/Widget/default.asp?PUSX0IDCMAQH

Celebration Stats as of June 1, 2010

Sunday, June 6th, 2010

There are currently 107 HOMES for Sale listed in our MLS system ranging from $240,000 for a 3 bed/2 bath in North Village to $4.5 Million for a 6 bedroom/7 bathroom home in North Village/Acadia’s

There are 101 Condominiums/Towhomes for Sale in the MLS ranging from $80,000 for a 1 bed/1 bath in Siena to $675,605 for a 5 bedroom/4.5 bathroom townhome on Mulberry in downtown Celebration.

ACTIVE: HOMES 
107 Total: 15 are pre-foreclosure/short sales/bank-owned  (making up 14% of the inventory). Average Sales Price = $929K and Median Price – $599K
ACTIVE: CONDOMINIUMS/TOWNHOMES  
101 Total: 30 are pre-foreclosure/short sales/bank-owned  (making up 30% of the inventory). Average Sales Price = $254,988

PENDING: HOMES 
53 Total: 31 are pre-foreclosure/short sales/bank-owned  (making up 58% of the inventory).  Average pending price = $583,087 and Median pending price = $425K
PENDING: CONDOMINIUMS/TOWNHOMES  
54: Total: 47 are pre-foreclosure/short sales/bank-owned  (making up 87% of the inventory). Average pending price = $166,622

SOLD: HOMES (last 30 DAYS)  
11 Total: 6 are pre-foreclosure/short sales/bank-owned  (making up 55% of the inventory). Average SOLD Price = $465,182

SOLD: CONDOMINIUMS/TOWNHOMES  
16 Total: 10 are pre-foreclosure/short sales/bank-owned  (making up 63% of the inventory). Average SOLD Price = $185.797

If you would like a specific Market Analysis for your home, please click here http://www.homeinsight.com/Widget/default.asp?PUSX0IDCMAQH

We look forward to helping you realize your real estate dreams!

CPSC identifies manufacturers of problem drywall made in China

Friday, June 4th, 2010

WASHINGTON – May 26, 2010 – The U.S. Consumer Product Safety Commission (CPSC) is releasing the names of drywall manufacturers whose drywall emitted high levels of hydrogen sulfide in testing conducted for the agency by Lawrence Berkeley National Laboratory (LBNL). While CPSC does not say these companies are solely responsible for toxic drywall, there is a strong association between hydrogen sulfide and metal corrosion.

Of the samples tested, the top 10 reactive sulfur-emitting drywall samples were all produced in China. Some of the Chinese drywall had emission rates of hydrogen sulfide 100 times greater than non-Chinese drywall samples.

At the U.S.-China Strategic and Economic Dialogue meetings in Beijing May 24-25, U.S. officials pressed the Chinese government to facilitate a meeting between CPSC and the Chinese drywall companies whose products were used in U.S. homes, and which exhibit the emissions identified during the testing procedures. The Strategic and Economic Dialogue represents the highest-level bilateral forum to discuss a broad range of issues between the two nations.

The following list identifies the top 10 drywall samples tested that had the highest emissions of hydrogen sulfide, along with the identity of the manufacturer of the drywall and the year of manufacture, from highest to lowest.

Knauf Plasterboard (Tianjin) Co. Ltd.: (year of manufacture 2005)
Taian Taishan Plasterboard Co. Ltd.: (2006)
Shandong Taihe Dongxin Co.: (2005)
Knauf Plasterboard (Tianjin) Co. Ltd.: (2006)
Taian Taishan Plasterboard Co. Ltd.: (2006)
Taian Taishan Plasterboard Co. Ltd.: (2006)
Shandong Chenxiang GBM Co. Ltd. (C&K Gypsum Board): (2006)
Beijing New Building Materials (BNBM): (2009)
Taian Taishan Plasterboard Co. Ltd.: (2009)
Shandong Taihe Dongxin Co.: (2009)

 However, some Chinese drywall samples had low or no detectable emissions of hydrogen sulfide, including drywall samples manufactured domestically. In some cases, a Chinese firm that produced toxic drywall in one year produced acceptable drywall in other years. Tested drywall with acceptable levels of hydrogen sulfide include:

Knauf Plasterboard Tianjin: (2009)
Tiger ShiGao Jian Cailiangpianzhuang: (2006)
USG Corporation: (2009) U.S.
Guangdong Knauf New Building Material Products Co. Ltd. (2009)
Knauf Plasterboard (Wuhu) Co. Ltd.: (2009)
CertainTeed Corp.: (2009) U.S.
Georgia Pacific Corp.: (2009) U.S.
Dragon Brand, Beijing New Building Materials Co. Ltd.: (2006)
CertainTeed Corp.: (2009) U.S.
Pingyi Baier Building Materials Co. Ltd.: (2009)
Panel Rey S.A.: (2009) Mexico
Lafarge North America: (2009) U.S.
National Gypsum Company: (2009) U.S.
National Gypsum Company: (2009) U.S.
Georgia Pacific Corp.: (2009) U.S.
Pabco Gypsum: (2009) U.S.
Temple-Inland Inc.: (2009) U.S.
USG Corporation: (2009) U.S.

Last month, CPSC released the results of drywall emissions tests. The studies showed a connection between certain Chinese drywall and corrosion in homes. In addition, the patterns of reactive sulfur compounds emitted from drywall samples show a clear distinction between certain Chinese drywall samples manufactured in 2005/2006 and other Chinese and non-Chinese drywall samples.

To date, CPSC has spent over $5 million to investigate the chemical nature and the chain of commerce of problem drywall. Earlier this year, CPSC and HUD issued an identification protocol to help consumers identify problem drywall in their homes. Last month, CPSC and HUD issued remediation guidance to assist impacted homeowners. See the chart listing drywall chamber test results at www.cpsc.gov.

CPSC Recall Hotline: (800) 638-2772

© 2010 Florida Realtors®

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