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Archive for July, 2010

Millers, Windsor Hills

Monday, July 19th, 2010

Hi Vanessa,

We just wanted to thank you so much for all of your help in the sale of our house.  You were very thorough, kind, and caring to all of our needs.  Even going beyond what most agents would do.  It was such a pleasure to meet you, and work with you.  If we’re ever back in the Florida market, you’re our lady. 

Thanks again, and best wishes in all of your endeavors,

Rick & Sue Miller – Windsor Hills

Behind on your mortgage? Be sure to RSVP to this seminar today!

Friday, July 16th, 2010

Are you behind on your mortgage? Are you upside down on your home? Has the bank denied you a loan modification? A short sale may be an option for you.

If you are not sure what your next steps may be, or have questions - be sure to attend this seminar. 

Featuring guest speakers Barry L. Miller, ESQ. and Rosie Troche, ESQ – Attorneys with the Law Offices of Barry L. Miller

Hosted by Vanessa Franz Barnes with Keller Williams Realty. Vanessa has been licensed since 2002 and has sold over $50 Million in Real Estate during her career. She has numerous certifications including CSP – Certified Short Sale Professional and SFR – Short Sale and Foreclosure Resource Certification.

 Seminar is offered on two dates: Tuesday, August 10th from 5:30-7:30 OR Saturday, August 14th from 10-noon

Please RSVP or text Vanessa Barnes, Realtor® at 407-973-2414, or email: Vanessa@SimplyFloridaRealEstate.com

Location: Celebration K-8 School (510 Campus Street) in the Imagineering room.

**Please disregard this email/seminar if you are already listed/actively working with a Realtor®

Windermere Stats as of July 1, 2010

Thursday, July 8th, 2010

Windermere is located in Southwest Orlando and nestled between numerous large lakes that form the Butler Chain of Lakes. Windermere was established in 1889 and works hard to maintain that small town feel. For instance, many local streets are still dirt roads. Windermere has expanded to include newer subdivisions such as Lakes of Windermere, Keene’s Pointe, Summerport, and Glenmuir. Below is a snapshot of the current state of the market in Windermere.

As of  July 1, 2009 :
There are currently 457 HOMES for Sale listed in our MLS system ranging from $139,000 for a 3 bed/2 bath in Merrick Landing to $100 MILLION for a 13 bedroom/23 bathroom home in Reserve at Lake Butler Sound (WOW you should see the pictures of this one!!)

There are 53 active Condominiums/Towhomes for Sale in the MLS ranging from $89,900 for a 2 bed/2 bath in Lakeside to $214,000 for a 3 bedroom/2 bathroom townhome in Lake Sawyer.

ACTIVE: HOMES 
457 Total: 117 are pre-foreclosure/short sales/bank-owned  (making up 26% of the inventory). Average Sales Price = $1.56 Million and Median sales price = $794,000
ACTIVE: CONDOMINIUMS/TOWNHOMES  
53 Total: 34 are pre-foreclosure/short sales/bank-owned  (making up 64% of the inventory). Average Sales Price = $147,874 and Median sales price = $150,000

PENDING: HOMES 
166 Total:  127 are pre-foreclosure/short sales/bank-owned (making up 77% of the inventory). Average Pending Price = $514,464 and Median sales price = $344,240
PENDING: CONDOMINIUMS/TOWNHOMES  
49 Total: 41 are pre-foreclosure/short sales/bank-owned  (making up 84% of the inventory). Average Pending Price = $129,971 and Median sales price = $120,000

SOLD: HOMES (last 30 DAYS)  
62 Total: 34 are pre-foreclosure/short sales/bank-owned  (making up 55% of the inventory).  Average SOLD Price = $521,856 and Median SOLD price = $377,500
SOLD: CONDOMINIUMS/TOWNHOMES  
12 Total: 7 are pre-foreclosure/short sales/bank-owned  (making up 58% of the inventory). Average SOLD Price = $138,782 and Median SOLD price = $133,000

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.

Hunters Creek Stats as of July 1, 2010

Wednesday, July 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  July 1, 2010 :
There are currently 194 HOMES for Sale listed in our MLS system ranging from $65,000 for a 3 bed/2 bath in Sky Lake to $579,900 for a 5 bedroom/4 bathroom home in Hunters Creek on Hunters Isle.

There are 63 Condominiums/Townhomes for Sale in the MLS ranging from $31,000 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 
194 Total: 118 are pre-foreclosure/short sales/bank-owned  (making up 61% of the inventory). Average Sales Price = $199,971 and Median sales price = $179,950
ACTIVE: CONDOMINIUMS/TOWNHOMES  
63 Total: 39 are pre-foreclosure/short sales/bank-owned  (making up 62% of the inventory). Average Sales price = $91,298 and Median Sales Price = $70,000

PENDING: HOMES 
188 Total: 168 are pre-foreclosure/short sales/bank-owned  (making up 89% of the inventory).  Average Pending Price = $154,641 and Median pending price = $144,450
PENDING: CONDOMINIUMS/TOWNHOMES  
105 Total: 95 are pre-foreclosure/short sales/bank-owned  (making up 90% of the inventory). Average Pending price = $71,669 and Median Sales Price = $64,900

SOLD: HOMES (last 30 DAYS)  
57 Total: 43 are pre-foreclosure/short sales/bank-owned  (making up 75% of the inventory). Average SOLD Price = $154,350 and Median SOLD price = $147,900
SOLD: CONDOMINIUMS/TOWNHOMES  
17 Total: 17 are pre-foreclosure/short sales/bank-owned  (making up 100% of the inventory). Average SOLD Price = $60,811 and Median SOLD price = $63,000

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 July 1, 2010

Tuesday, July 6th, 2010

Celebration offers a combination of condominiums, townhomes and single family homes.  Here is a brief snapshot of the current state of the market here in Celebration.

As of July 1, 2010

There are currently 105 HOMES for Sale listed in our MLS system ranging from $238,000 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 104 Condominiums/Townhomes for Sale in the MLS ranging from $84,900 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 
105 Total: 15 are pre-foreclosure/short sales/bank-owned (making up 14% of the inventory). Average Sales Price = $903K and Median Price – $575K
ACTIVE: CONDOMINIUMS/TOWNHOMES  
104 Total: 35 are pre-foreclosure/short sales/bank-owned  (making up 34% of the inventory). Average Sales Price = $248,855

PENDING: HOMES 
43 Total: 29 are pre-foreclosure/short sales/bank-owned  (making up 67% of the inventory).  Average pending price = $557,980 and Median pending price = $429,900
PENDING: CONDOMINIUMS/TOWNHOMES  
50: Total: 43 are pre-foreclosure/short sales/bank-owned  (making up 86% of the inventory). Average pending price = $158,538

SOLD: HOMES (last 30 DAYS)  
16 Total: 6 are pre-foreclosure/short sales/bank-owned  (making up 55% of the inventory). Average SOLD Price = $399,832 (decrease of $65K from previous month)

SOLD: CONDOMINIUMS/TOWNHOMES  
13 Total: 10 are pre-foreclosure/short sales/bank-owned  (making up 63% of the inventory). Average SOLD Price = $163,538

If you would like a specific Market Analysis for your home, please contact us directly.

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

Tax credit Extension – just waiting for President to sign…

Thursday, July 1st, 2010

Homebuyer tax credit

Once the president signs the bills, both extensions become retroactive, meaning the law will not recognize a lapse in coverage for either program.

The only thing that changes under the new tax credit bill – The Homebuyer Assistance and Improvement Act (H.R. 5623) – is the deadline for closing on a home. Under the latest version of the tax credit, buyers had to secure a signed contract by April 30, 2010, and close by June 30, 2010. The bill extends the closing deadline to Sept. 30, 2010.

Short sales, however, can take considerably longer than two months to close. And an onslaught of buyers trying to beat the June 30 deadline proved challenging to Realtors, title companies and lawyers trying to beat the clock.

The National Association of Realtors lobbied heavily to get the tax credit extended, but Congress took the issue down to the wire before eventually approving the change.

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