Hernando Realty News July 2010
(352) 797-5544
Hernando Market Stats

2010 Jan Feb March April May
# Sales for Month 157  191  242  427  243
Average Sales Price $104k  $94k  $106k  $105k  $107k
Average Days on Market 132  110  127  111  90
2010 June July August Sept Oct
# Sales for Month  272        
Average Sales Price  $107k        
Average Days on Market  115        
2010 Nov Dec      
# Sales for Month          
Average Sales Price          
Average Days on Market          
Previous Years Stats 2005 2006 2007 2008 2009
# Sales for Year 5001 3,102 2,132 2,041 2,432
Average Sales Price $181K $204K $172K $143K 112K
Average Days on Market 67 92 126 124 125
Building Permit Stats 2005 2006 2007 2008 2009
# Single Family Residence Issued 4,185 2,787 807 378 149
  2010        
* To Date in 2010 61        
 

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.

What You Should Know About Hidden Health Risks in a Home
By E. E. Kane
They don't build them like they used to, and when it comes to lead paint, asbestos or other problems, it's a good thing. However, older houses have charm, character and solid materials that many new ones just can't match. How can you handle the problems so you can enjoy, or sell, that old house?

Lead Paint Problems
Homes built before 1978 contain lead... Read More
Wood vs. Composite Decking:
Which is Best for You?

By Eric Engel
Whether you're building around your back door or around a new swimming pool, your deck is an important home upgrade. It will add (or detract) from your home's visual appeal, and it will affect your home's appraised value. But most of all, it will become part of your home—one that you can't replace on a whim. So, you'll want to choose your deck materials carefully before making the investment. Here are some comparisons... Read More
Ten Tips for the Perfect
Bathroom Remodel

Courtesy of ARAcontent
Giving an old, tired bathroom a makeover is one of the best things you can do to increase your home's resale value. And while it can take some planning, remodeling your bathroom is easily within the capability of most homeowners.

While bathrooms often are among the smallest rooms in your home, they're often the most used and valued spaces in our homes, and are among the smartest remodeling investments... Read More
Pre-Approval Can Help You Get the House You Want
By B. Conrad
Before you even go looking at houses, find a good lender and apply for a loan pre-approval. The lender will go through all the paperwork, look up your credit record, verify your income and so on. Of course, they can't actually approve a loan for a specific house, but going through the pre-approval process has a number of benefits for you.

1. It will tell you your price range.
The lender will determine the total mortgage amount they can approve for you. Then, using current interest rates and local property taxes and insurance rates, plus the amount of money you
have saved up for a down payment,
they will figure out how much house
you can afford.

This eliminates the guesswork. If you just guesstimate how much you... Read More
Summer Lawn Care Tips
By Melinda R. Cordell
In summer, the grass starts growing like crazy. This means you start mowing like crazy. Could you use a little help? Here are some tips for making mowing easier and keeping your grass looking great all summer long.

Be sure your mower blades are sharp. Dull blades tear the grass, making it more prone to disease. Sharpen your blades several times during the summer.

Raise the mowing height to three inches. Taller grass looks lush, shades its own roots from the hot summer sun, and saves on water. Grass that's cut too short is stressed and dries out... Read More
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Preferred Property Assoc.  -  (352) 797-5544 Hernando Realty News  -  July 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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