HURRICANE DANGER ZONES
Where is America most vulnerable to a hurricane strike? The International
Hurricane Research Center (IHRC) — the official center for Florida’s 11
universities that works alongside the National Hurricane Center — created a
list of the nation’s 10 most vulnerable areas. To create the list, the IHRC
looked at 12 criteria, though historic hurricane frequency, storm intensity and
levee/dike failure were primary determinants. Other considerations include
factors such as storm surge and freshwater flooding potential, coastal erosion
trends and island breaching history. Socioeconomic factors involved populations
at risk, evacuation distance and routes. Of the 10 areas, Florida netted four
spots, though the greatest danger — no surprise here — is to New Orleans. The
rankings, in order, include:
By Ruth Simon From The Wall Street Journal Online
Pricing your home gets trickierORLANDO, Fla. — Sept. 29, 2006 — As the housing market cools, one of the hardest decisions facing home sellers is how to price their properties. Read the full post here.
Popularity: 13% [?]
Recent abductions in daylight hours… refresh yourself of these things to do
in an emergency situation… Share with your wife, your children, anyone you
know.
1. Tip from Tae Kwon Do: The elbow Is the strongest point On your body. If
you are close enough to use it, Do!
This article was published on: 09/01/2006
Post taken from:
Don’t drink the water!
When Well Water Becomes a Deal Breaker
Groundwater testing is absolutely essential for buyers who are considering a home with well water.
BY BLANCHE EVANS
Hi gang,
The below is great news for all agents with listings in Palmetto Trace (like me with my own home) and those promoting Pier Park when showing homes in the west beach area!
I questioned Gayle Oberst, Councilwoman and Representative of Bay County’s Transportation & Planning Organization about the proposed  traffic signal & second entrance to Palmetto Trace in the new construction area right next to Frank Brown Park & Aquatica Ctr.- she replied via e-mail as follows:
MORTGAGE RATES
Rates on 30-year mortgages fell this week to 6.40 percent, its lowest level in six months, according to Freddie Mac’s weekly nationwide survey. Rates hit a four-year high of 6.80 percent on July 20, but investors’ inflation fears have subsided, easing the pressure on mortgage rates.
Read the full story:
http://www.planetrealtor.com/florida/news/daily/news.cfm?article=n1-09222006
PROPERTY INSURANCE
1st Annual PC ANGLERS Fishing Rodeo & Party
Original post here: 1st Annual PC ANGLERS Fishing Rodeo & Party
Event to take place Saturday September 23rd to Saturday September 30th @ 5:00 pm. The first 2 days will coincide with the Treasure Island Kingfish Tournament on September 23rd and 24th. You may fish both. Fish weighed at Treasure Island Tournament will be eligible for Rodeo provided certificate of weight provided from Treasure Island Tournament Weighmaster. Post Rode party being held at my house Sunday October 1st from 1:00pm til 6 or 7 or 8′ish. 920 Dolphin Harbour. PCB 32407. Dolphin Bay Subdivision.
Hi and welcome aboard everyone,
This is an update w/ regard to what is going on in our real estate market. Much of it is the “same old same old”. It is definately a buyers market…now all we need are some buyers!
More Time To Ponder Three Mortgage Tips
September 20, 2006 — Realty Times Feature Article by Broderick Perkins
Potential home buyers are heaving a collective sign of relief about the additional
breathing room in today’s housing market and it may not be long before all that easy
breathing condenses into vapor. Read the full post.
Popularity: 13% [?]
TRENDS
Spiraling insurance rates threaten Florida’s vast real estate market and,
ultimately, the state’s economy, according to a quarterly survey
conducted by UF of industry executives, real estate lawyers, market
analysts, title insurers, financial advisers, market research economists,
real estate scholars and other experts. Read the full story.
Popularity: 13% [?]
Daily Real Estate News | August 29, 2006
For Quick Condo Sale, Make It Stand Out
ORLANDO, Fla. — Aug. 30, 2006 — In areas of the country where the condo market has been on overdrive, sellers can face major competition for buyers. The challenge is especially tough if several similar units in the same building or complex already are on the market. Read the full post. Source: Chicago Tribune, Ellen James Martin (08/25/06)
CONDO-HOTELS
By Irvin W. Sandman and Kelly C. Aldrich January 17, 2006
In the current market, condo-hotel investors should be cautious
about potential profits, according to some analysts. A new study
by the National Association of Condo Hotel Owners predicts most
South Florida condo-hotel projects won’t even cover maintenance fees,
property taxes or other costs. Read the full story.
Popularity: 15% [?]
Read the full post REALTOR® Magazine – Daily News:
“Daily Real Estate News September 12, 2006
Rising Inventories Put Pressure on Sellers
The rising number of unsold homes across the United States is likely to put pressure on home prices.
Inventories of homes in 18 large metropolitan areas across the country expanded by 4.7 percent in August from a month earlier, according to data compiled by ZipRealty Inc., a real estate brokerage firm based in Emeryville, Calif. The data are based on single-family homes and condos listed for sale in local multiple listing services. Read the full post.
Hi all,
I just wanted to let you know you can subscribe to my RSS 2.0 web feed from my web site now! Go to http://www.vivianfoate.com/ and check it out!
Real estate is a little slow w/ condos prices still coming down. Single family homes are selling well and so are waterfront and deep water access properties.
We specialize in properties that suit outdoors people including boaters and fisherman.
See all our homes and condos for sale here: http://www.vivianfoate.com/vivi_listings/listings/
Condo builders opting for solid contracts now: “Condo builders opting for solid contracts now
JACKSONVILLE, Fla. — Sept. 11, 2006 — In a time rife with speculators and moderate construction costs, developers nationwide took reservations for their condominium towers years in advance, requiring buyers to make only a several-thousand-dollar deposit to reserve their purchase.
Now that both the real estate and construction markets have changed, developers nationwide are taking a different line: No reservations accepted. Read the full post.
A humbling lesson for Realtors’ president
By Sandra Fleishman Washington Post Staff Writer
Saturday, September 9, 2006; Page F01
WASHINGTON — Sept. 11, 2006 — He, of all people, should have known better.
The president of the National Association of Realtors (NAR), Thomas M. Stevens of Vienna, admits he didn’t follow his agents’ advice when the real estate market started to cool. That, he says, is why his old house in Great Falls has now been on the market for a year at the price of $1.45 million. Read the full post.
Don’t Take That Overpriced Listing
Thursday, September 07, 2006 – By Scott Messina
As inventory increases and prices begin to fall, it’s reminiscent of the market when I began my real estate career. As real estate professionals, we all have a tough choice to make – Do we continue to list homes at prices we know won’t sell, or should we simply walk away?
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