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Featured Information
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Article
Hernando Market Trends Newsletter
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Hernando Realty News
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June 2010
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Hernando Market Trends
Data Obtained From Hernando County MLS
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2010
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Jan
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Feb
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March
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April
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May
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# Sales for Month
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157
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191
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242
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427
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243
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Average Sales Price
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$104k
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$94k
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$106k
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$105k
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$107k
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Average Days on Market
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132
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110
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127
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111
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90
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2010
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June
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July
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August
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Sept
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Oct
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# Sales for Month
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209
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Average Sales Price
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107k
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Average Days on Market
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115
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2010
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Nov
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Dec
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# Sales for Month
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Average Sales Price
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Average Days on Market
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Previous Years Stats
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2005
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2006
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2007
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2008
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2009
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# Sales for Year
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5001
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3,102
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2,132
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2,041
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2,432
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Average Sales Price
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$181K
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$204K
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$172K
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$143K
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112K
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Average Days on Market
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67
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92
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126
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124
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125
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Building Permit Stats
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2005
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2006
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2007
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2008
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2009
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# Single Family Residence Issued
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4,185
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2,787
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807
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378
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149
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2010
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* To Date in 2010
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61
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Buyers and Sellers should understand the Market Trends...
For Buyers 2010 is a Great Time to Purchase!
The good news for Sellers it that homes are Selling - It is all about pricing it correct for Today's Market.
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Dealing with a Low Appraisal
By Victoria Hunter
After months of readying the house for the market and negotiating back-and-forth with buyers on the sales price, sellers are shocked if the appraisal of their home comes in below the offered price. Sadly, as the market rebounds, and home prices begin to inch up, low appraisals will be happening all too frequently. So, how can you avoid a low appraisal and what are your options if you get one?... Read More
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Practice Summer Safety in
Your Own Backyard
Courtesy of ARAcontent
If you don't have the extra time or cash to take a summer trip, fun for you and your family can be as close as your own backyard.
"Just make sure you play it safe," says Charles Valinotti, senior vice president with QBE Regional, which specializes in property and casualty insurance through subsidiaries General Casualty, Unigard, Farmers Union Insurance and QBE Agri. He recommends that before summer... Read More
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Simple Living Room Updates
By Samantha Konwinski
When your living room feels unlivable, it is time to make a change. Here are some quick and easy tips for giving your space a facelift.
Clear the Clutter
Only include what you really need in the space. Add a few decorative items of interest. Keeping it simple will make it easier to keep clean and tidy—more time for you to enjoy your living room... Read More
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Why Ask for an FHA Loan?
By Cheri Dohnal
The real estate market is beginning to make a comeback, interest rates are low, and you want to buy a house. If your credit score is mediocre or you simply haven't been able to save for a down payment, don't assume you will miss this buyer's market. An FHA (Federal Housing Administration) mortgage may make it possible for you to pursue the American dream of home ownership.
FHA loans are financed through conventional lenders. FHA insures the loans, minimizing the lender's risk. A variety of loan programs are available, ranging from standard home loans to property rehab and refinancing, as well as loans for delinquent... Read More
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Keep Your Carpet Spotless
By Evelyn Fielding
Maintaining your home's carpet is an investment in how it looks now and how it holds value over the years. Vacuum your carpet frequently, change traffic patterns occasionally, keep dirt where it belongs, and shampoo regularly, and your carpet will look and feel gorgeous for decades.
The Vacuum Routine
Vacuuming frequently actually reduces your workload in the end. Dirt not only looks bad, it cuts your carpet's fibers and ruins its texture. Fine grit filters through the backing until you're walking on a potential mud puddle every time something spills... Read More
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Must See to Appreciate
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Sold in Under 45 Days!
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Preferred Property Assoc. - (352) 797-5544
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Hernando Realty News - June 2010
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Preferred Property Assoc., Preferred Property Associates, Inc., 1188 S. Broad Street , Brooksville FL 34601
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The material in this publication is provided for your informational purpose only and is not intended to substitute professional advice.
If your property is currently listed with a Real Estate Broker, this publication is not intended as a solicitation.
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