Wednesday, December 15, 2010

A little TLC can help with those energy bills

It™s no secret that we have some of the most wonderful weather here in northeast Florida. Sunshine and mild temperatures are the norm most of the year. These help us to have very reasonable energy costs. We do, however, have two times of the year when those energy bills can jump:   Summer heat and Winter cold.

In his article, œEnergy-proof your home: A caulking gun can get the job done, Paul Bianchina, writing for Inman News, says one Saturday spent with a caulk gun can help save you money on your electric bills during these energy-intensive times.

Offering tips for choosing the right material, Bianchina says invest in a good caulk gun to make the job easier and the results better. He also suggests a number of ways to prevent those pesky drafts and air leaks that waste our precious conditioned air to escape.

(Read all his tips at

Take care of your home, and it will reward you with comfort and lower energy bills.

Monday, December 6, 2010

Brrr…Tips for Winterizing your Florida home

We don’t usually think about winterizing homes in northeast Florida until the weatherman tells us temperatures are predicted to drop below freezing. But there are a number of things you want to take care of now to improve comfort, ensure safety and keep those winter utility bills as low as possible.

Paul Bianchina, writing for Inman News, offers œ12 ways to winterize your home: Where safety, comfort and energy efficiency intersect. Among his tips: Check your roof, check for drafts, and move freeze-prone liquids on the outside of your home. Inside, he recommends reviewing fireplace safety, checking smoke and carbon monoxide detectors, and having your heating system inspected.

(Read the full article at

A few minutes of prevention can help you enjoy the northeast Florida winters the right way…warm and toasty!

Monday, November 15, 2010

Buyers ARE in the market for Fleming Island homes

Despite the news you™ve been hearing about the real estate market, homes in two of Fleming Island™s largest neighborhoods are selling. Through the end of October, 95 Eagle Harbor homes have been sold, an increase of nearly 20% over 2009. In Fleming Island Plantation, 82 homes have sold, besting 2009™s numbers by more than 60%.

Prices are down in both neighborhoods, however. Eagle Harbor home prices are down 5% and, unfortunately, the last quarter shows prices trending down even further. Fleming Island Plantation homes have take a serious hit this year from a large number of short sales, bank-owned sales, and the opening of a large townhome unit. Prices are down 14% compared to 2009, but the last quarter has show the downward trend beginning to slow.

So, what does this mean?

I™ve said this before:

  • If you are thinking of buying a home, now is an amazing time to do so. Prices are at levels we have not seen in years. Our agents can help you move quickly and find your perfect home.  

  • And, if you thinking of selling your home, you must seek the professional assistance of a real estate expert. There are buyers looking to buy homes on Fleming Island, but pricing and position are the two most important factors in selling a home.

It™s a tricky market, but because we sell more homes in Eagle Harbor than any other Realtor and we™re a top team in Fleming Island Plantation, as well, we can help you. Call or email us today!

Monday, November 8, 2010

Paulson: If you don’t own a home, buy one

In an article on Forbes™ blog, columnist Robert Lenzer reported on a recent appearance made by multibillionaire hedge fund operator and investment genius, John Paulson. Speaking to a packed crowd at New York™s University Club, Paulson addressed today™s economic landscape and touched on inflation, the bond market, equities and gold, and made several predictions about the next two years.

[Read the full story here].  

He also made final parting remarks on the state of the housing market. Noting that this is the best time in 50 years to buy a home, Paulson advised those listening to issue 30 year mortgages to buy a home as œyour debt and interest payments get locked in a record lows, while the price of your home will rise.

œIf you don™t own a home, buy one. If you own one home, buy another one, and if you own two homes buy a third and lend your relatives the money to buy a home.  



To understand the conditions that make NOW the right time to buy, download the FREE e-Book, 7 Reasons Why Now is a Great Time to Buy, at

Monday, October 25, 2010

Foreclosure halt may boost home sales

Source:   Jacksonville Business Journal, October 21, 2010

NORTHEAST FLORIDA ” Bank-halted foreclosures and the nationwide probe into the validity of bank documents could mean an upswing in traditional sales of seller-owned properties, area real estate agents say.

Sales of foreclosed properties, or real estate-owned, known as REO, properties, accounted for 51.4 percent of all Northeast Florida residential sales in August, according to the Northeast Florida Association of Realtors. Earlier this week, Bank of America and GMAC Mortgage said they would restart home foreclosures after not finding problems in their procedures.

Restarting the foreclosures can only help real estate, said Sean Snaith, director of the University of Central Florida™s Institute for Economic Competitiveness. The foreclosure moratorium was œdelay[ing] the ultimate recovery of the housing market and pushing the pain into the future by delaying reabsorption of the foreclosed homes back into the market.

But with a cloud of uncertainty still hanging over foreclosed properties, some real estate agents said they were turning clients™ attention to seller-owned and brand new homes instead.

Although the price of a seller-owned property may be far less than what it once was, it™s still considerably more than a foreclosed property or one that™s sold via short sale. NEFAR reported Oct. 12 that the average median price of seller-owned properties in the area was $180,000 in September, when the average median price of lender-mediated home sales was $84,000. …

Read the full article  @ Jacksonville Business Journal.  

Are you upside down or under water with your home? Worried about losing value? Now may be the best time to sell. Read the information at or contact us today for a confidential consultation of your options.

Monday, October 18, 2010

Fleming Island neighborhoods ever-so-slightly stronger than region

Homes sales decline in Northeast Florida, by Ashley Gurbal

Jacksonville Business Journal, Tuesday, October 12, 2010

Sales of single family residences and condominiums were down last month by 14.5 percent compared to September 2009, according to figures Northeast Florida Association of Realtors released Tuesday.

NEFAR reported there were 1,178 sales in September, compared to 1,377 last year. Of those, 645 were lender-mediated sales, and the average median price of those dropped 23.6 percent, from $110,000 to $84,000.

However, prices for the 533 traditional sales increased by 8.6 percent in price over last year™s median; rising from $165,750 to $180,000.

How does the Fleming Island market compare to the rest of the region?   The Galli Team™s Monthly Report Card for September shows the Fleming Island market to be ever-so-slightly stronger than the rest of the region.

In Eagle Harbor, home sales in September were actually up a whopping 38% over September 2009, but the sold price per square foot was down 27%. Fleming Island Plantation™s prices seem to be stabilizing, down only 4% over September 2009, but the number of homes sold was 17% lower than last year.

NEFAR reported 55% of the region™s sales were distressed/lender-mediated.  Fleming Island Plantation reports similarly:   60% were short sale, pre-foreclosure, or foreclosure sales. Only 27% of Eagle Harbor™s sales in September were distressed properties, but the number is creeping up “ 20% of the total for 2010 falls into this category.

What does this mean for you?

If you are thinking of buying a home, now is an amazing time to do so. Prices are at levels we have not seen in years, but there are signs of stabilization. Our agents can help you move quickly and find your perfect home.  

If you thinking of selling your home, you must seek the professional assistance of a real estate expert. There are buyers moving into the area and there are buyers still looking to move up, but pricing and position are the two most important factors in selling a home in this market.

Check back soon for more Fleming Island market news or email me for specific information about the value of your home.