Thinking of selling your home? NOW may be a great time! If you do not want to hold on for the long haul your Florida real estate, especially in the Apollo Beach area, may sell for more today than it would six months ago. Why? Because inventory is way down!
I just tested the market on a couple of new listings, pricing them higher than what has recently closed. One went under contract in 4 days and successfully closed at only $7,000 under asking price (List was $200,000) and the other went under contract in only 21 days even though it was listed just before the slower holiday season. That buyer wants to close as soon as possible so I can tell you at what price that closes soon.
I took this position because I was not only looking at sold comps (looking back) but also looking at what a buyer had to choose from now (looking ahead). There were only 13 available listings in a community where just 2 years ago there were 134 listings! Simple "supply and demand"….prices should head up!
So if you are thinking of buying, BUY NOW. And if you are thinking of selling SELL NOW. Get in on the flurry of activity from buyers who are in the market now. If you are fortunate enough to not be "upside down" (owing more than the value of your home), take advantage of those who are tired of the hassles involved in trying to buy a short sale. My experience lately has been that many buyers are willing to pay a bit of a premium for a non-distressed property. They like knowing when they can close and at what price! You may be thinking "why sell now if prices are going to head up?" Because we have no idea how much of the "shadow inventory" may hit the market in the next year. Plus, by selling now you can take advantage of the low prices AND interest rates!
Please don't be too discouraged if you are a short sale. We have systems in place to make the transaction as smooth as possible. We even offer a free 1 hour attorney consultation where you can be advised on what is the best route for your individual situation.
Call me today at (813) 390-7606!
Thank you,
Bonnie Fagoh, Century 21 Beggins Enterprises
Search all Tampa Bay properties at www.TampaCoastalHomes.com or better yet,
call me for a FREE boat tour! Bonnie (813) 390-7606
Sunday, January 29, 2012
Monday, January 16, 2012
December Follow-up.
Here is an article from The Tampa Tribune on Christmas day that helps explain the flurry of activity during the Christmas - New Year holiday.
See below I listed and sold this home in 4 days. YAY!
See below I listed and sold this home in 4 days. YAY!
Saturday, January 14, 2012
Foreclosure Auctions
The Investor Train is Here.. Call Bonnie Fagoh to get on the Hot List or visit her main website www.TampaCoastalHomes.com and request the daily updates there!!
http://www.nytimes.com/2012/01/15/us/foreclosure-auctions-in-phoenix-show-capitalism-at-its-rawest.html
http://www.nytimes.com/2012/01/15/us/foreclosure-auctions-in-phoenix-show-capitalism-at-its-rawest.html
Monday, January 9, 2012
TRAINs Here!!
www.TampaCoastalRealEstate.com
Mark Fagoh commented on TechCrunch.
Trains a Coming.... get your bizz Ready! Train Train IS YOUR REAL ESTATE AGENT READY???
TechCrunch | Square Expands Retail Partnerships; Now Sold At OfficeMax And UPS Store Locations
techcrunch.com
For disruptive mobile payments startup Square, 2011 was a year of massive growth on many levels. The startup ended the year with over 1 million merchants using the mobile payments platform to accept credit cards (there are only 8 million merchants who accept credit cards in the US). In November, Squ...
Like · · Share · a few seconds ago
Mark Fagoh commented on TechCrunch.
Trains a Coming.... get your bizz Ready! Train Train IS YOUR REAL ESTATE AGENT READY???
TechCrunch | Square Expands Retail Partnerships; Now Sold At OfficeMax And UPS Store Locations
techcrunch.com
For disruptive mobile payments startup Square, 2011 was a year of massive growth on many levels. The startup ended the year with over 1 million merchants using the mobile payments platform to accept credit cards (there are only 8 million merchants who accept credit cards in the US). In November, Squ...
Like · · Share · a few seconds ago
Thursday, January 5, 2012
Thursday, December 29, 2011
Apollo Beach Market Conditions as of 30 December 2011
Market Conditions for Apollo Beach, Florida
Reported by Bonnie Fagoh, REALTOR
Updated December 29, 2011.
Welcome to Apollo Beach!
Current inventory 234 active listings from $36,000 to $4.1 million. With 201 closings in the last 6 months, we have just under months of inventory.
If you look at Covington Park alone, there are only 13 active listings and less than 3 months of inventory!
Obviously, the expensive waterfront takes longer to sell.
If You Must Sell Your Home in This Market
Most will agree this is NOT the time to sell your home. But I am starting to see a change with our drastically reduced inventory! I just tested the market a bit on a beautiful pool home in Covington Park. If you looked at recent closings, you may have thought my new listing was a bit overpriced, but it was a NOT a short sale and inventory is quite low in the community. Well, I was right to price it where I did as it went UNDER CONTRACT IN 4 DAYS! It is my job to get the most for my sellers.
You may think, was it still too low since it sold so quickly? Well, it still has to appraise so we can't push it too much. This one closed at $193k, just $7k under list!
What if you just got a job transfer? What if your family is growing and you need a bigger home? What should you do to get the most For your property?
First, make sure you choose a Realtor who knows the market in your area, someone from a large office That has market share in your community. You are not only hiring that agent, but the office, and it can make a big difference if they have a team they can share the listing with since each of those agents has active buyers. The agent should show you comparables that back up the price they suggest for your home.
Choose an agent who knows how to capitalize on internet marketing and knows how to get your property noticed by the masses. Of course, you will want professional photos and slide shows or virtual tours but don't forget the strength of video when it comes to search engine optimization.
You will also want to have your home put its "best face forward"…..spruce up the landscaping for curb appeal (you can't sell it if no one will even go through your door). And speaking of that front door, how about a fresh coat of paint? You may never use that door since you come in through the garage, so go out front and take a good look. Imagine you are that buyer seeing your home for the first time. Some bright flowers will go a long way. Declutter so they will see the house and not your "stuff", wash windows to let that sun shine in! No one likes a dark home….pull those drapes back. And I have been known to say "if you can smell it, you can't sell it". Have a friend come by and be brutally honest and let you know if they notice any odors (pets?). You may not notice it because your nose has become accustomed to it!
The real winners in the market are those who can take advantage of the tremendous deals that are available. If you are upsizing, you come out way ahead. You may get 20% less on your current home (for example $40k less on a home that was previously $200k), but if you save 20% on the bigger one ($60k on a $300k home!) you come out on the plus side. Many of my clients have been amazed at what they could buy today. They are living in homes nicer than they ever imagined they could own. Let me help YOU too….call Bonnie today (813) 390-7606.
Search all Tampa Bay properties at www.TampaCoastalHomes.com or better yet,
call me for a FREE boat tour! Bonnie (813) 390-7606
ZIP Code: 33572
Location Characteristics: Apollo Beach is a growing community centrally located between Tampa (20 min), Sarasota (30 min) and St Petersburg (20 min). There are 55 MILES of canals leading to Tampa Bay for those of you who enjoy water sports. Southshore Commons, a major "open air" mall is planned for 2011 with shopping, restaurants, movie theatre and office buildings. The area is excited about our Tampa Bay Rays. AND the Super Bowl Committee is impressed enough with Tampa Bay to have us host the Super Bowl four times!! Our Bucanneers had a tremendous year for such young team. Can't wait to see what they will do next season. Come see for yourself why people love it here! The only state with no snow in Jan 2011. :)
A new feature to my Market Update are short video previews. Watch these short informative videos at http://tampacoastalrealestate.blogspot.com
Please leave a comment. Thanks!
For More Information:
Visit My Web Site
View My VIDEO Newsletter
View My Newsletter
Ask Me A Question
View Market Conditions of other areas served by Bonnie Fagoh
Reported by Bonnie Fagoh, REALTOR
Updated December 29, 2011.
Welcome to Apollo Beach!
Current inventory 234 active listings from $36,000 to $4.1 million. With 201 closings in the last 6 months, we have just under months of inventory.
If you look at Covington Park alone, there are only 13 active listings and less than 3 months of inventory!
Obviously, the expensive waterfront takes longer to sell.
If You Must Sell Your Home in This Market
Most will agree this is NOT the time to sell your home. But I am starting to see a change with our drastically reduced inventory! I just tested the market a bit on a beautiful pool home in Covington Park. If you looked at recent closings, you may have thought my new listing was a bit overpriced, but it was a NOT a short sale and inventory is quite low in the community. Well, I was right to price it where I did as it went UNDER CONTRACT IN 4 DAYS! It is my job to get the most for my sellers.
You may think, was it still too low since it sold so quickly? Well, it still has to appraise so we can't push it too much. This one closed at $193k, just $7k under list!
What if you just got a job transfer? What if your family is growing and you need a bigger home? What should you do to get the most For your property?
First, make sure you choose a Realtor who knows the market in your area, someone from a large office That has market share in your community. You are not only hiring that agent, but the office, and it can make a big difference if they have a team they can share the listing with since each of those agents has active buyers. The agent should show you comparables that back up the price they suggest for your home.
Choose an agent who knows how to capitalize on internet marketing and knows how to get your property noticed by the masses. Of course, you will want professional photos and slide shows or virtual tours but don't forget the strength of video when it comes to search engine optimization.
You will also want to have your home put its "best face forward"…..spruce up the landscaping for curb appeal (you can't sell it if no one will even go through your door). And speaking of that front door, how about a fresh coat of paint? You may never use that door since you come in through the garage, so go out front and take a good look. Imagine you are that buyer seeing your home for the first time. Some bright flowers will go a long way. Declutter so they will see the house and not your "stuff", wash windows to let that sun shine in! No one likes a dark home….pull those drapes back. And I have been known to say "if you can smell it, you can't sell it". Have a friend come by and be brutally honest and let you know if they notice any odors (pets?). You may not notice it because your nose has become accustomed to it!
The real winners in the market are those who can take advantage of the tremendous deals that are available. If you are upsizing, you come out way ahead. You may get 20% less on your current home (for example $40k less on a home that was previously $200k), but if you save 20% on the bigger one ($60k on a $300k home!) you come out on the plus side. Many of my clients have been amazed at what they could buy today. They are living in homes nicer than they ever imagined they could own. Let me help YOU too….call Bonnie today (813) 390-7606.
Search all Tampa Bay properties at www.TampaCoastalHomes.com or better yet,
call me for a FREE boat tour! Bonnie (813) 390-7606
ZIP Code: 33572
Location Characteristics: Apollo Beach is a growing community centrally located between Tampa (20 min), Sarasota (30 min) and St Petersburg (20 min). There are 55 MILES of canals leading to Tampa Bay for those of you who enjoy water sports. Southshore Commons, a major "open air" mall is planned for 2011 with shopping, restaurants, movie theatre and office buildings. The area is excited about our Tampa Bay Rays. AND the Super Bowl Committee is impressed enough with Tampa Bay to have us host the Super Bowl four times!! Our Bucanneers had a tremendous year for such young team. Can't wait to see what they will do next season. Come see for yourself why people love it here! The only state with no snow in Jan 2011. :)
A new feature to my Market Update are short video previews. Watch these short informative videos at http://tampacoastalrealestate.blogspot.com
Please leave a comment. Thanks!
For More Information:
Visit My Web Site
View My VIDEO Newsletter
View My Newsletter
Ask Me A Question
View Market Conditions of other areas served by Bonnie Fagoh
Sunday, December 25, 2011
Thank you to The Tampa Tribune newspaper
Mark Fagoh
Thanks to the Tampa Tribune for featuring my lovely wife for selling her Apollo Beach listing in 4 days! She is on the front page of the Home section "Above the Fold" congrats lovely Bonnie Fagoh!!
Thanks to the Tampa Tribune for featuring my lovely wife for selling her Apollo Beach listing in 4 days! She is on the front page of the Home section "Above the Fold" congrats lovely Bonnie Fagoh!!
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